I'll respond to everyone in a single comment here.
Note: The SF is affecting only the stakes of @steemit,
@steem and
@misterdelegation which is ninja-mined stakes. Those stakes were not purchased with fiat.
Note2: My stance of not running SF 222 does not mean I'm for a migration from Steem to TRON or that I will agree to swap Steem tokens for another TRON based Steem token. I also believe that Steem as a separate blockchain is more valuable for TRON than a move to TRON.
Should that be different from stakes purchased with fiat from an external exchange? Except from the fact that they were mined in an unfair manner, they should still be no different, it's like mining Bitcoins at the beginning and buying them now.
Does unfair mining make those stakes illegal? If they are not illegal, is it OK or even legal for Witnesses to freeze them?
@novacadian I'm also up for looking for an alternative solution
@mahdiyari Was it Ned's stake or Steemit Inc's stakes and Ned owning Steemit Inc is also indirectly owning the stakes. If it's Steemit Inc's stakes then by selling Steemit Inc to Justin Sun, isn't it natural that the stakes are now also owned by Justin?
@abitcoinskeptic thanks for your support and sharing your opinion.
and he had no way of knowing if it was going to be worth a lot, or nothing.
Those ninja-mined stakes, was there a way to know if they were going to be worth a lot or nothing?
Did Ned have the right to sell that Steem? No. It was meant to be used for a specific purpose.
The use for a specific purpose was a promise. Does it constitute a legally binding contract? I do agree that what Ned does was bad, he just sold us off overnight. But maybe he actually did have the legal right to do so.
@dr-frankenstein I guess the difference between your points about Ned selling the Steem is that Ned sold directly to Justin and put the money in his pocket, selling it on a market would probably have pumped the price of Steem.
@wakeupkitty, in a nutshell, when you perform almost anything on Steemit.com or other dApps, your operations (actions) are to be recorded on the blockchain. Before it is done, your operation needs to first be validated against the blockchain rules. This is done by a an app running on a server that was setup by a Witness. Once validated, it is digitally and cryptographically signed and then added to the blockchain. Like when you are signing a contract with another user, there is a 3rd party that should also sign the contract to state that they have
witnessed the transaction. The blockchain rules are coded in the software that is running on the Witness servers. By modifying that software you can modify the rules but the new rules will only be taken into consideration when the super-majority of the witnesses are running a version of the software with the same rules. This is what happened with this Softfork. The blockchain software was modified to reject any operations related to votes and power down from the Steemit accounts holding SiNMS.
RE: Softfork 0.22.2: why I didn't apply the changes to my witness node.