'Don't just do something, sit there.'
That's actually good advice here, as long as we have the stake to effect meaningful governance of the chain while we sit tight. Presently, I do not think we actually do. The exchanges remain powered up, and this is as much a threat as an unholstered weapon in a confrontation.
If the exchanges powered down, and/or Sun airdropped/sold enough of his stake that he could no longer assume control of Steem governance at will, we would be able to do nothing. Those things haven't happened.
Not that we can do anything about it anyway.
Thanks!
Do nothing has to be paired with a commitment by the community to not adopt any protocol changes (hardforks) that could result from a Tron witness super-majority. If the community is steadfast in its support of the existing protocol, I think we would win the battle for the true Steem resulting from a fork.
Tron witnesses can do a bad job at being witnesses under the current protocol and the network will suffer to some extent. For example, when they don't update the price feed. But as long as economic nodes refuse to switch protocols, the damage they can do is limited.
That completely depends on how much stake Tron holds, under the current rules. My understanding is that Tron presently holds nominal stake to exercise Steem governance at it's sole option.
Do you have information that may affect that understanding?