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RE: Vlog 459: A sad day for Steem

in #exylelast year

I feel your pain.

I sit in the middle because I do think there could have been a more concerted effort at negotiation direct with Justin Sun to come to some kind of signed agreement before going ahead and encoding this in the chain itself. A voluntary agreement along the lines of the White Paper promises and notarised with public statements on the block chain would have gone a long way. Who knows, he might even have agreed to the conditions in this fork if asked nicely.

I think the underlying contention in @agroed's post was that Ned's stake wasn't truly his to sell unencumbered. That's between Ned and Jason at this point.

But I've also been involved in enough business deals that didn't turn out as all sides expected, and ended up in expensive litigation to know that sometimes you are correct to be a little paranoid. Andy Grove (CEO of Intel) entitled his autobiography "Only the Paranoid Survive". Sometimes that maxim is true.


from what i heard, they did try to contact Justin (tron foundation) but there were no answers. i got that from the chat on discord, so no idea how did they try, who tried it... If it is true that they were all ignored, it does not look nice.

It's also obvious that he was very busy these last few days doing the Zion vote thing on Tron which is obviously a bit of a scarily close analogy to the situation here on the Steem chain.

that is what i say to people when i don't have the willpower to talk to them. i was really busy, my phone was not with me, notifications on this messinger are shit, pigeon that you sent never arrived

I agree with you, the mistake they made was to not involve Justin in the discussion. They just can't fork off a stake without talking to the owner, unless they are ready to split the chain into two coins.

But from what they say, the whole point is to avoid a split. So, kinda stupid.