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RE: What happens after a Chain Split?

in #steemit • 5 years ago

Well, pull the trigger, see what happens. And who will run the 20 witnesses for your chain? Justin?
If the chain splits you will be the ones holding the bags.

Not a single soul that believes in decentralization will want a mangled chain, with no user base, with no dapps, with a tainted reputation controlled by 1 guy.
Ill bet anything he dumps, as he said he would, after he pushes a HF.

And what of the content? You really think anyone will care about your soup posts, because that is what your biggest accounts vote the most, lets be honest here for a second. Korean community is well known for its terrible content quality.

Im not saying do not use this stalemate for your benefit, im just telling you that what you wrote above is a very foolish assessment of things.

Because of our strong twitter push, the whole crypto world will KNOW which chain is which in case of a split.

5 years ago in #steemit by
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     5 years ago  
    • Where does your base is coming from that the chain would not have any users?
    • Yes, Dapps is another part, as 3rd party tools would mainly move to the community chain. Business based Dapps, I am not sure.
    • If you have at least the slightest idea how economics work, you would know that it is not possible to dumb that amount of Steem on the market. All investors would immediately bank run when they see that much of quantity moving. Either it has to be done very slowly, or the other way increase the value and try to exit (as every startup would do). The last option would be to give up on Steem, but that would be also a game over sign for Steem, as we would be a chain without money, without development but at least decentralized.
    • Ok, you are insulting me and the Korean community member having terrible content quality. Understood.
    • You are aware that you are generalizing the people of a whole community with an argument that is not true?
    • You are free to think whatever it is about the text I wrote. That is your freedom. But to make it clear, I personally don't think it is foolish.
    • It is indeed true that Twitter is having an effect. But nobody is thinking about how sad it is that we have to shout out at Twitter to get heard.

    I would like to forward the information that this is the last reply I will make to you as I honestly don't consider any of your feedback valuable for me enough to spend more time on it. You may be right, nobody knows, but the way how you try to argue is on a level I do not want to spend any second of my time.

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       5 years ago  

      1. From the overwhelming support for decentralization here and on twitter. From all the witness votes for the community witnesses, from all the posts in favor of our witnesses. People might disagree on the Soft Fork but no one outside you thinks that Justin taking over the chain is in any way shape or form a good idea.

      2. Whats a business based dapp? A dapp with no users is vaporware.

      3. Yes, all investors would immediately bank run. Im glad you are aware of that. All of us would dump Justins Steem and move over to the community chain once its up and running. Justin bought tainted stake at a discount, he can dump and get most of it back. At this point he just wants out. Do you follow the insane tweets he makes on twitter and how openly he lies? And you will trust that guy .

      4. How is that insulting? The whole reason you dont support community witnesses is because your biggest whales like virus upvote literal junk to farm STEEM and the abuse fighters downvote them. If you guys didnt farm (not all of you) STEEM and get downvoted for it we wouldnt even have this conversation. All would be well in the land of STEEM and we would all be united in fighting this pestilence called Justin Sun. You guys not accepting that SOME PEOPLE DONT LIKE YOUR POSTS and because you cant take a downvote is what is threatening the survival of STEEM atm.

      5. Im not generalizing anything. Your whale track record and community account record is easily seen on chain. Its the guys with all the stake in your community that are making you look bad because of their voting patterns. Dont blame me for pointing that out. If they started upvoting quality content (not single pictures) that perception would quickly change.

      6. I know you dont think its foolish. Id assume you wouldnt have written it had you thought it was foolish.

      7. Its not sad having to go out on twitter. Going out on twitter is what we should have been doing from the get go, getting the word out. All of you should also be on twitter as well.
        Twitter is essential for crypto! We need influencers, we need the STEEM name to be recognized and we can use the power of our UNITED community to spread the word like we have been doing. Look how much we accomplished. The whole crypto community at large is supporting us over Justin Sun. We got more marketing out of this then in the last 4 years

      Fair enough. This will remain here for anyone else to read it. Never has anyone convinced the other side of their position. The discussion is for others reading it to make their own mind up.
      Good luck with whatever. Just so you know, if you play this stupidly (which i hope you wont) you screw us all over.

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         5 years ago  

        All of us would dump Justins Steem and move over to the community chain once its up and running.

        Who is "all" and how do you want to know?

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           5 years ago  

          Everyone that supports community elected witnesses.
          We are fighting against losing our independence and against centralization. It would be foolish to assume that those that fight against TRON will join TRON.
          That would make 0 sense.

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             5 years ago  

            lordbutterfly analyses the whole situation quite well in my opinion

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