Hard Fork 23: Another Hostile Take Over of the Steem Blockchain By Justin Sun is Imminent

At the risk of being called a prophet of doom, I dare say that, following the recent power tussle between the top witnesses and Justin Sun and the negotiations reaching stalemate, another hostile take over of the Steem blockchain, led by Sun, is imminent.

Recall that a few days ago, following the freezing of the stake of Steemit Inc and other related accounts by a soft fork 22.22 which was executed by a consensus of the top 20 Steem witnesses, @Justinsunsteemit, enlisting the support of three prominent exchanges namely Binance, Poloniex, and Huobi had hostilely hijacked the Steem blockchain for the chief aim of reversing the aforementioned soft fork.

@Justinsunsteemit had hoped that while in power, as contemplated by an official [post] by @Steemitblog he would execute a hardfork that would reduce the power down window to 1-3 days so that the exchanges which unethically aided the hostile takeover with custodial fund can get to cash out as soon as possible.

Unfortunately for Sun, the community rallied around the real witnesses, succeeding to vote in about ten as at press time in the top 20 spot. And interestingly, an hard fork of the Steem blockchain requires a consensus from at least 17/20 of the top witnesses, a figure that Sun no longer has following the backing out of the conniving exchanges.

Yet, Sun is very desperate to hard fork the Steem blockchain largely because the conniving exchanges will have to wait for 13 weeks to power down the custodial funds they had staked. So, in order to instigate the exchanges to support him again, Sun has resorted to propaganda.

In a recent tweet, Sun alleged that the top witnesses are doing everything possible to freeze the stake of the exchanges. His aim is to again incite the exchanges to use their stake to vote for his own puppet witnesses, so that they can retrieved the already abused custodial funds.

Shockingly, it seems that the CEO of Binance is already buying into the propaganda of Sun. CZ has tweeted suggestive that he is ready to connive with Sun again to hostilely take over the Steem blockchain, especially now that inpatient depositor's money is involved.

If anything, the words of CZ should not be taken for granted because he would naturally do anything possible to reclaim, as fast as possible, the Steem tokens that were used in the hostile takeover. With the meeting between Sun and the witnesses recently reaching stalemate, only one option appears available, that is, for another hostile takeover to occur. This time around the aim is simple - for the exchanges and Sun to cash out and slam the door on the rest of us.