BitShares Revolution: Take Back Control or Bring Down the Broken System!

in #bitshares7 days ago

BitShares Revolution: Take Back Control or Bring Down the Broken System!

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Intro:
The BitShares blockchain has reached a breaking point, and the community faces a pivotal choice: take action to fix this network once and for all, or send it crashing into the digital archives of history. Today, we call on every BitShares user to rally around a mission of true decentralization, a quest to restore power to the people and secure a future for BitShares — or, if all else fails, expose its failings and put an end to the stagnation.

In this groundbreaking call to action, Decentraliz3-trust has emerged as the account that could represent the interests of the community. With an innovative workaround to the broken voting system, supporters have a real shot at reasserting the decentralized principles BitShares was founded on.

The Network’s Current State
For years, BitShares thrived on the promise of Delegated Proof of Stake (DPoS), a system that allowed users to participate in governance by voting for witnesses who would uphold the network. However, today’s network is struggling with inactive witnesses, disabled vote-locking features, and a voting system that feels frozen in time.

The result? Key witnesses entrenched with power that ordinary users can’t easily challenge, worker proposals stalled, and updates halted. With vote-locking disabled, the usual mechanisms for switching up witnesses or enacting changes have broken down, making it difficult to reclaim control from the inactive witnesses who still dominate.

The Solution and The Call to Action: Decentraliz3-trust
Here’s where the community can break the deadlock. Even though the “vote lock” feature is currently disabled, voting power can still be shifted by transferring BTS tokens to new holders. Every time tokens are transferred out of an account, the original votes tied to those tokens are wiped, giving the new holder a chance to vote afresh. This workaround is exactly how the BitShares community can start to reshape the witness landscape.

We’re calling on everyone who cares about the future of BitShares to rally around Decentraliz3-trust. By voting for this account and, if possible, transferring BTS to it in support, we can amass a collective voice strong enough to challenge the current stagnant witness structure.

How This Could Fix BitShares
Once Decentraliz3-trust garners enough community backing, it can push for necessary improvements, such as re-enabling vote-locking, revitalizing the witness pool, and initiating a series of much-needed upgrades. A network revitalized with community-driven witness selection would bring BitShares back to life, creating a renewed path for development and innovation.

Imagine a BitShares where worker proposals finally have a shot at funding, where new witnesses can step in to replace the inactive ones, and where community projects have a chance to flourish again. This is the BitShares we could build together.

Or, If All Else Fails: Expose the Network’s Limits and Send It Packing
However, if the community’s support isn’t enough to break the stranglehold, then this campaign could at least serve to expose BitShares’ weaknesses. If the network can’t be fixed despite the community’s best efforts, then maybe it’s time for BitShares to face reality: adapt, or risk becoming a relic of the past. If the current framework can’t handle real user input, then perhaps the most fitting end for BitShares would be to let it implode under the weight of its broken governance.

Conclusion:
The time for passive hope has ended. BitShares can no longer sit idle while issues pile up and innovation stalls. Rally behind Decentraliz3-trust and let’s fight for a chance to fix this network—or, if it refuses to budge, to give it the fate it deserves. We call on every user, every developer, and every true BitShares believer to take a stand now.

Join us. Cast your vote, or transfer your BTS to Decentraliz3-trust, and let’s make history.