Nexit?

in #busy6 years ago

While my title might be clickbaity and dramatic, no less so than several things that have taken place recently..

image.png

Several interesting things have taken place in the last few days.

https://github.com/steemdev/steem/pull/1

A github issue appeared suggesting code has been written to for a hardfork to remove SteemIt, Inc's stake.

image.png

While I understand the desire, it seems short-sighted and also may be too late! As SteemIt, Inc is powering down 34,004,951 SP. In addition, many will struggle with ethical as well as operational problems with those plans.

image.png

Also, several apps that had large delegations yesterday, will find themselves without delegation today.

image.png

It will be interesting to hear if those applications were given any warning at all.

I don't understand Ned's lack of understanding in needing to communicate with App creators if you want new app creators to come in the future.

I really can't imagine who would build anything on this chain at this point.

I don't know if Ned is pulling a Nexit or not. I also do not know if it would be a bad thing if he did.

Maybe just speed up the process?

@whatsup

Toss in your best nexit memes in the comments.

Sort:  

This is good news, @ned is a responsible guy.

He stated he is securing his stake. That's the right thing todo, after some idiots attracted those dark web sewer rats and their following to the steem blockchain.

This is also a really great strategic move to secure future growth and development, take the role as market maker/taker with their stake on the exchanges. They partnered with some folks that know the tricks of that game. That way they can multiply their revenue streams, and give more room and breath to the community, and when they see fit, support them from the sidelines.

After all, the more millions are powered down, the percentage you receive for holding steempower as community member will jump to 3-5% ...

So keep powering up folks... we are doing fine...

LOL - you got me there! - when I first saw your comment I thought you were a real Ned supporter and nearly had a spasm :)

After all, the more millions are powered down, the percentage you receive for holding steempower as community member will jump to 3-5% ...

Haven't thought of this...

Posted using Partiko Android

What if he is lying?
Ned isnt the sort of guy I just trust.

Posted using Partiko Android

Notice that opportunity lurks where responsibility has been abdicated.

Remember that what you do not yet know is more important than what you already know.

Yea..
Trusting has just become so hard.
That's why Im on a decentralized blockchain..

Posted using Partiko Android

@whatsup,
They plan something, sometimes it's might lead to have a new CEO, can't be?

Cheers~

I am where the memes are :-)

Posted using Partiko Android

How they expect us to react...

Posted using Partiko Android

Last one :-1

Posted using Partiko Android

Omg these are so perfect XD

My face when I found out what was happening.

Moving STEEM to secure wallets

IF this is the real reason, WTF.

Storing liquid Steem on an exchange is more secure than having it powered up???

Posted using Partiko iOS

Exactly, and what if the pull request on github simply another excuse they made up so that they can easily rush for powerdown and everything? How can we know? What do we know anyway.
SteemitInc just not some one I can easily trust now.

If they power down it will likely be a saving grace.

However, I agree. I do not trust them, it isn't a statement of thinking they are evil, it is a statement of them being flakey.

Steem loves to play "Guess the Worst Case Scenario!" Great party game...for suicide parties...

Don't you find it odd at all you are in a business relationship with someone that forces you to guess?

lol

Yeah, they suck at communication.

But at least we don't have to look at his ugly jacket again...yet.

Something important is going on. I just don't know if it is good or bad.
Interesting times.

Agree! We should guess positive first.

Where is @dan when we need him?
Talk about a turn around in fortunes,...

Thinking about how to build a Steemit on his eos

Posted using Partiko Android

Steemit doesnt own steem, but are they the only ones with github permission to merge code?

Dont know about that.
First people talk about decentralization.
Then people run after influencers.

Posted using Partiko Android

Lol, people are silly,...

Hahaha
Maybe thats why powerful people think they should rule over those silly ones..

His dad @stan and @blocktrades can come to the rescue.

Posted using Partiko Android

A github issue appeared suggesting code has been written to for a hardfork to remove SteemIt, Inc's stake.

This is incorrect. A pull request was issued (to a mysterious fork which may exist just for that purpose) inappropriately as a means of making a feature request. There's no code to accomplish this behind it. The author appears to be hoping someone will show up to implement it.

In English: purely a publicity stunt.

There was no 'feature request'. An independent dev did in fact create a pull request on his own repo, but it was apparently done for discussion purposes, arguably what might be referred to as trolling.

That Steemit immediately responded to that with a knee jerk reaction of starting powering down all of their stake without even talking to anyone or considering whether such a fork were remotely likely or even possible speaks volumes.

Now to be honest I don't blame them for acting to protect their stake, however it would make little difference given a 13 week process to spend a little time assessing the situation before going off to the nuclear option of powering it all down.

I think it's likely they've been wanting to do this for months and this looked like a plausible excuse, assuming that there's any causal relationship at all.

That could be. It is interesting that ned did the same with his personal account long before any of this troll fork stuff.

Thanks for clearing that up.