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RE: Forking out the largest stake on a stake based system shifts power to who?

in #thoughts6 years ago

To even suggest that the stake of Steemit Inc be forked away is both very stupid as the chances of success are very questionable as well as immoral if not outright criminal. In fact, it would put the credibility of the chain at serious jeopardy. Who would invest in the chain if the oligarchs in power could steal anybody's stake at any time? Nothing good has came out of the proposal so far. DSound and Musing have lost their one million SP delegations and have become effectively defunct. Thank you so much whoever put together the proposal and put the code on GitHub!

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THe only good that has come out of it is seeing a little more of what goes on off-chain.