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RE: Welcome to the internet arsehole

in #steem5 years ago

Once the servers are wiped, the evidence of those crimes no longer exists, and only this enables that potential litigation liability to be eliminated.

I don't think the hundreds of witnesses out there are all ever going to wipe their servers.

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Why would they keep the information once there was no financial incentive to do so?

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It isn't all about financial incentive. Some don't have financial incentive now and still keep it going. Some still use IRC too. And anyway, when it comes to information, there is always some value possible and even if they are not running a witness node, the chain can be stored on a normal hardrive. They are pretty cheap.

Since my speculative theory is regarding ongoing financial collusion, I should have phrased my last comment differently. If the intent of HF21 is actually to kill Steem, then the lack of financial incentive to maintain the blockchain would provide witnesses with plausible reasons for wiping their drives and deleting the blockchain along with evidence that could present tortuous liability for malicious actors.

It's a cliche that criminals want to leave no witnesses able to provide evidence of their crimes. There are certainly plenty of examples of corporate profiteers that have lost considerable ROI to such liabilities.

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