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Hard Forks?

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@gduran
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2 min read

I see the new campaign, like let's take Steem back or something like that. The main idea is to have four of the previous top witnesses to get into the current top 20 witnesses. For one I think Justin is letting this happen, he has enough resources to counteract whatever the community pushes at him.

Now what is the idea behind this four witnesses thing? The hard fork that Justin Sun wanted is already in place his stake has been freed and that is how it is going to stay, so he probably already has what he wanted. So these four witnesses are going to stop a Justin hard fork whose main idea was to reduce the power down time. Apparently so that he could return the Steem lent to him by several exchanges.

But with the amount of Steem he already has, plus whatever he wants to buy on top of that, he can very easily just give these exchanges the Steem they put up and keep what these said exchanges sent to power up as his own, think this through he could send the ninja mined Steem to exchanges and this would become mainstream - goodbye anything you hold against him. So I really don't see what the noise is about.

We don't know what is going to happen, we have to wait until the Town Hall meetings, if the witnesses are really upfront about defending Steem and Steemit they should not go, all they will do if they do go is to agree to anything Justin Sun says. He is the one who has the cards right now and he is going to use them.

This just leaves a hard fork to create a new token, which I see as a good idea for most, we will get to keep the Steem we have plus whatever results from the hard fork. Do I think a parallel Steem blockchain and coin will succeed? I highly doubt it, but at least we would know the witnesses and the bigger accounts are making their words good.