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PSA ALERT: STEEM HARDFORK INC 3 DAYS

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Looks like Steem will be instituting Hardfork 23 in three days with closed source code. I wonder how many accounts will be frozen this time. I also hear they are lowering the powerdown to 4 weeks.

Not much is known about this ninjafork, only that it's going to be bad. The exchanges should not be willing to run code that they can't review, but I bet they are going to anyway. With Sun's track record, doing so is going to make them look like fools even if nothing goes wrong.

Lets not forget that it is the official statement from Huobi that Sun essentially hacked them with a Steemit Inc script that powered up their funds and centralized the chain. Of course, they are probably lying because they make no intention of suing the Tron Foundation, but I guess that's another story.

I still have $2500 locked on the chain that very well may get frozen before my next powerdown on Thursday. If that's the case it means thousands of other accounts will be frozen as well, and we'll probably have to boot up a class action lawsuit against Steemit Inc for securities fraud. I can't imagine them ever being able to win said lawsuit, which is why I assume my account will not be frozen, but who knows at this point. Dude is fully unhinged and Hive is still trading at twice the value of the original chain.


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PSA ALERT: STEEM HARDFORK INC 3 DAYS was published on and last updated on 17 May 2020.