My Totally not important view of this situation that no one will read or care about it

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(Edited)

Meeting between Justin Sun, Korean Stakeholders, Steem Witnesses and Steem Foundation 12/03/2020

Disclaimer (because we seen people think it is important)

This rant is coming from a noob in the blockchain technology. I only own steem (and a small bit of satoshis), i am not a trader, not speculating on the market... I own steem, because i use it every day, i am not hodling it because i think tomorrow i can sell it, i do it because i can use it for voting, curation rewards... And i don't see steem as a speculative coin used for pumps and dumps. It is a place for Real people.

What i learned from this last meeting ant prior talks:

Justin Sun knows absolutely nothing about how this blockchain and that is perfectly fine, but then he should state that or not answer questions about powerdown times or downvotes.

All that are against downvotes, check this account https://steempeak.com/@indicate go to some older posts and load the comments. If you are ok with that, then we don't need downvotes, but also that steem blockchain does not need me. Will there be abuse of downvotes, of course, because we all deal with real people here.

Powerdown time I think that powering up (staking) i a voluntarily action that gives you some benefits. You don't have to do it if you don't want to. If you want to trade, speculate, pump and dump, don't stake. you should not be able to pump and dump and stake at the "same time". Powering up is a will to show that you are not here just to cash out, you are here to invest in your account and invest in community.

Steem is, and has a great opportunity to be a gateway for "normal" people to crypto. It is an opportunity to learn crypto by talking to people and earn some of it in that process. And we can all agree that people have no idea how all these keys, passwords... work and are a bit lost about how important keys are. Every day we hear talks about people losing their Keys, (someone in that meeting said "1000 accounts currently under hacker control from phishing") and short powerdowns would make those accounts lose all their steem before they even know they are hacked. Some would say "Not your keys not your crypto" but "normies" would than say "fuck your keys and your crypto, i will stick to my cash". And we do want to make this widely adopted, no? We could argue that there are other ways to make it more secure, but why not make people invested and secure?

Justin Sun: First of all, it is not sock puppet. Lots of community vote voted for it.

Please someone share a link with the numbers, i can't find it, i am sure he is not lying.

EDIT:

@bashadow shared a link in the comments, and if you rank witnesses by accounts voting for them first sock puppet witness is ranked at number 161

As for the witness side of this talk, some answers were not to the point, some explained really well. The main problem is that 20-30 of them can't get a consensus of what is the minimum they/we are ready to accept in all this craziness. And that is probably a good think in normal circumstances but in this case we need to know what is the minimum so we can move forward.

steem ramble.jpg



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13 comments
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in this case we need to know what is the minimum so we can move forward.

Most take a very 'absolute' stance, and I can't say I don't agree with them, BUT I'm afraid we need to give in a little too - but I'm Dutch and we are known for always finding consensus, even have a dedicated word for the kind of discussion where each person has to give and take a little bit :D

Can't wait to see a move, any move, as it will bring us closer to understanding what the future of Steem will look like, and what the intentions from here on are of each party.

Thanks for sharing, I cared enough to read ;-)

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well they f-up for not implementing that code in HF14, but then we would still have Ned here and we would not have all this tweeter hype :)

From what i heard, he got it cheap so he could throw 30-40% (or whatever) to SPS and if he really wants to develop this, then for sure make a decent profit from the rest of the stake. And he could then really claim it is decentralised.

It is a bit irritating that nothing is moving, or at least it looks like that from my point of no high connections.

Thanks for sharing, I cared enough to read ;-)

and i really appreciate it :D

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Yes, it's irritating, and I don't trust this 'no move happening' either: calm before the storm?

I guess we're not off Twitter for a while :P

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my tweets in last 28 days (more of 8 days) UP 7,350.00% :D

but i need people to say stupid things to tweet, and there was a lack of stupid things in last few days. (someone had it's tweeter password taken away? :D )

I forgot to remind poloniex that they are still voting. off to tweeter :D

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Please someone share a link with the numbers, i can't find it, i am sure he is not lying.

https://steemian.info/witnesses

one of the best listing for witness information I have run across. @goodguy24 has 151 voters,
@blocktrades has 15,295, and @good-karma has 19,731.
Blocktrades is number 1 witness
Good-Karma is number 2 witness
goodguy24 is number 10 witness

You can sort by all the column headers.

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Thanks.

i was just looking at this site and totally missed the column with number of voters :D

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so his first witness is ranked as 161. if you rank it by number of accounts voting.

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Yeah, it is a semi mismatched system. Those with more stake, (only powered up stake), should have a slightly better vote than someone with less I think, but it needs to be more balanced if 5% of the users can tell 95% of the users to shove it, that is not a balanced system.

They also need to figure out a re-vote every now and then so that there are only active accounts voting for witnesses. Also once a witness retires their node all the individual votes need to be returned to the individuals that voted for them. As you can see by looking at the list there are a lot of Retired witnesses, still holding a lot of votes and vest.

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Saw your comment so checked out your blog and it looks like we see it pretty much same lol And nice to meet ya!

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that is my feeling for beginning of this shit show. He is sugarcoating all his statements, and we all know sugar is not that good for us.

hope we will see each other on the chanin, if there will be a chanin :D

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Slick written, I love your perspective on the stake and power up/down time! Resonates 100% with me. Hodl and Influence should be striktly divided and for now that is only be implemented by staking and unstaking.. It would be rather smart to increase power down time, then to decrease it.

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i don't have a lot of stake, and i never powered it down so it is easy for me to say, but really if you want to influence the chain, stake. They were talking about 4 weeks, and for me that looks short but maybe it is a minimum that we could go.
Thanks

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