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RE: Open letter to Justin Sun and the STEEM community
If dude ever bothered to read some of those open letters, how can he still be clueless about what steem is?
I personally see no other way out than a chain split at this point.
honestly after the korean community interview with justin almost sounded like a foxnews interview with trump. they kept throwing him soft balls asking him to do things that he already announced he wanted to do in the first place. like wanting to remove downvotes (which is the proof of brain whitepaper concept in the firstplace). when asking about their alternative to preventing identity fraud to be profitable and illegal abuses after the interview they only said we should "educate" our selfs....
then representative of steemit was surprisingly on our side when argueing against justin, and he suggested justin to learn more about steem, and what he knows about tron cannot simply be applied to steem. justin wants a 3 day powerdown time since it worked with tron, but steem and steemit said it would not work, but were willing to compromise to 4 week, while korean community was like ye sure anywhere between 1-4 weeks would work. i would prefer keeping it at 13 weeks :/
it ultimately allows exchanges to keep more of their steem in SP and react to market changes more quickly, while it will also have impact on volatility and steem price...
this