Summary:
Taskmaster discusses a town hall meeting on MSP Waves that focused on finding solutions to move forward from the current stalemate within the community. The primary topic of discussion is the power down period on the steam blockchain, particularly in relation to exchanges like Binance and Justin Sun's exchange. Taskmaster emphasizes that it is not the community's responsibility to bail out exchanges that engaged in unethical behavior and calls for strong action to uphold the security of the blockchain.
Detailed Article:
In the video, Taskmaster recounts his observations from a town hall meeting on MSP Waves, where Ron and Eli Powell, along with witnesses, were discussing solutions to break the stalemate within the community. The central focus of the discussion revolves around the power down period on the steam blockchain. Taskmaster delves into the issue of exchanges, specifically mentioning Binance and Justin Sun's exchange, and their involvement in governance activities.
Taskmaster points out that exchanges function as custodial entities when users deposit tokens, making them stewards of those tokens. He criticizes the actions of exchanges like Poloniex and Binance, alleging that they knowingly or unknowingly engaged in governance activities that affected the blockchain. He mentions CZ defending Binance's actions, highlighting the need for a clearer understanding of the responsibilities exchanges hold when it comes to governance.
A key concern raised by Taskmaster is the delayed power down process on the steam blockchain, which has been extended for three more days. He stresses that it is not the community's duty to rescue exchanges from the consequences of their actions. Taskmaster insists that exchanges should bear the full brunt of the situation they created, even if it means a slow redemption process for customers who had their tokens locked up.
Furthermore, Taskmaster asserts that the steam witnesses need to stand firm on this matter, emphasizing the importance of maintaining the integrity and security of the blockchain. He expresses his disappointment at the possibility of witnesses compromising on this issue and warns against appeasing exchanges at the expense of blockchain security.
Towards the end of the video, Taskmaster highlights the distinction between community debates on various topics, such as the ownership of steam tokens by Tron, and the non-negotiable stance regarding exchanges colluding against the community. He remains resolute in his belief that any compromise that undermines the blockchain's security is unacceptable.
In conclusion, Taskmaster enjoins the community and witnesses to uphold the principles of blockchain integrity and resist pressure from exchanges that have compromised the system. The video serves as a call to action for maintaining accountability and safeguarding the fundamental principles of governance within the blockchain ecosystem.