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Quo vadis STEEM? by jaki01

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· @jaki01 · (edited)
$28.15
Quo vadis STEEM?
<html>
<p>
There were so many discussions about <em>who</em> (@ned? @justinsunsteemit? The exchanges? The 'old' witnesses?) is to blame <em>why</em> for the serious problems STEEM is facing these days. However, today, instead of talking about the past, I am thinking about (and asking you) how to proceed in future?
</p>
<hr>
<center>
<p>
Can there be a 'winner' or should we come to a compromise?
</p>
<p>
<img src="https://files.steempeak.com/file/steempeak/jaki01/4R6cqDSU-Schach.jpg" alt="Schach.jpg">
</p>
<p>
Source: <a href="https://pixabay.com/de/photos/schach-metapher-brett-gesch%C3%A4ft-316657/">pixabay</a>.
</p>
</center>
<hr>
<p>
I know that it's not really popular these days to suggest making compromises, but in my opinion accepting some seems to be the best available option.
</p>
<p>
Let me explain, why:
</p>
<ul>
<li>
<p>
Currently eight of the top twenty witness ranks belong to 'old community' witnesses while the rest was implemented from Justin Sun.
In this stalemate situation neither side can make any progress or changes without the agreement of at least some witnesses of the other side.
</p>
</li>
<li>
<p>
Because of Justin Sun's financial resources I guess that in the long term - if at all - it's rather him than his opponents who might 'win' that 'witness war'.
</p>
</li>
<li>
<p>
However, in case that the original witnesses created a 'new STEEM' by executing a fork, I wouldn't expect the exchanges to list it, with the result that the value of this new coin in USD would be very low (near zero).
<br>
Another problem is that the former Steemit, Inc. stake wouldn't be available anymore for funding development of the blockchain and DApps.
On the other side also the left-behind 'Tron-Steem' wouldn't succeed because of its damaged reputation and loss of a big part of the community.
</p>
</li>
<li>
<p>
Concerning Justin Sun it may be true that he didn't educate himself enough about STEEM before he bought Steemit, Inc. It is also true that he/his publicity department made contradictive statements via Twitter ('token swap' or not etc.), which he didn't revoke in a really resolute way.
However, I still believe that as a businessman he intends to increase the value of all his assets including Steemit, Inc., and thus it's on 'us', the community, to explain him some things (for example why a very short power down period caused serious damage and would be a huge security risk, and many more) to reach an acceptable compromise between his aims as a large stake holder and the wish of big parts of the community to maintain decentralization and freedom.
</p>
</li>
</ul>
<h1>
<center>
SCT chat indicates that compromises are possible!
</center>
</h1>
<p>
<br>
Actually, from what I read in the SCT chat yesterday, I don't think compromises aren't possible at all.
</p>
<ul>
<li>
<p>
I know that @justinsunsteemit was (and still is) talking about a very short power down timescale of one to three day(s), but I think that, since anyway the exchanges already started to power down, he agrees with a somewhat longer power down period between one and four week(s) ... and in my eyes four weeks would be an acceptable compromise.
<br>
In SCT there was the following dialogue:
</p>
<p>
@jayplayco
</p>
<blockquote>
Ok, it is understood that 1 week or 4 weeks would be both an option for you with a preference for rather 1 week.
</blockquote>
</p>
<p>
@Justin Sun
</p>
<blockquote>
yes
</blockquote>
<p>
I know he doesn't prefer that, but also @justinsunsteemit has to make any compromises if he wants to keep STEEM united.
</p>
</li>
<li>
Also concerning the downvotes I understood the Korean community in a way that they actually don't want to remove downvotes completely, but 'only' demand the requirement to explain one's downvotes.
</p>
<p>
In the mentioned chat @glory7 told me:
</p>
<blockquote>
@jaki01 that's why SCT initially posted SPS proposal that asks when you downvote, you must state the reason (or choose the reason from pre-set selections)
</blockquote>
<p>
In case @justinsunsteemit conforms to that, isn't there the possibility of a compromise again? Downvoting spam and plagiarism, as well as other kind of abuse would still be possible.
</p>
</li>
</ul>
Apart from that, I personally would support a reduction of the number of witness votes per account which made it more difficult in future for a single party to control the whole blockchain.
<h1>
<center>
What about the Steemit stake?
</center>
</h1>
<p>
<br>
Finally, a compromise must also be found concerning the former Steemit, Inc. stake. It is obvious that from his point of view, @justinsunsteemit will only remove the recently implemented witnesses, if on the other side he can do with his acquired stake whatever he wants. Of course you can call for more, but it just won't work.
<br>
Maybe a compromise could be to agree, not to use it for witness voting and also support the development of STEEM with at least a part of this amount in future.
<br>
I know there would be a risk for a further decreasing STEEM price if Sun tried to sell everything on the market, but what would be his advantage from doing so? Why should he buy a lot of STEEM just to sell them for a very low price? An as high as possible STEEM price should be also on behalf of Justin Sun.
</p>
<p>
From my perspective, any kind of compromise seems to be the <em>only</em> realistic option to be able to proceed at all. I still see great potential in the combination of the financial means plus the promotional skills of Justin Sun and the great STEEM blockchain community.
</p>
<p>
Do you agree? And in case you don't agree, how do <em>you</em> see the future of STEEM, what do you suggest as the best measure(s) to solve the stalemate problem?
</p>
</html>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 348 others
πŸ‘Ž  
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@afrog ·
$0.03
Why do we always have to translate the most important documents ourselves?
πŸ‘  
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@jaki01 ·
Because I prefer to let others work instead to work myself. :)
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@afrog · (edited)
$0.09
Steem rules are steem rules. At least the 3 stock exchanges involved could have known the rules long ago, as our own investors have been complaining for 4 years about the obvious long-term investment on the steem. On their whine Mr. Scott has allowed the powerdown to be shortened from 102 weeks to 13 weeks. There was a fierce battle over those 13 weeks.

If I make a mistake and complain afterwards that I didn't know the rules, I can cry all over the steem, it would only amuse the steemians. There he is again, the powerdown punch. Why would any Steemian feel sorry for a herd of galloping buffaloes that just wanted to smash and burn everything in our country? No kidding. Really? Why?

Translated with www.DeepL.com/Translator (free version)

# Deutsch

Steem-Regeln sind Steem-Regeln. Mindestens die 3 involvierten BΓΆrsen hΓ€tten die Regeln lΓ€ngst kennen kΓΆnnen, klagen doch unsere eigenen Investoren seit 4 Jahren ΓΌber das offensichtliche Langzeitinvestment auf dem Steem. Auf ihr Gejaule hin hat Herr Scott es zugelassen, dass von 102 Wochen Powerdown auf 13 Wochen verkΓΌrzt wurde. Es wurde hart um diese 13 Wochen gekΓ€mpft.

Wenn ich einen Fehler mache und mich hinterher beklage, die Regeln nicht gekannt zu haben, kann ich den ganzen Steem kreuz und quer vollheulen, es wΓΌrde allenfalls die Steemians erheitern. Da ist er ja wieder, der Powerdown-Kasper. Wieso sollte irgend ein Steemian Mitleid mit einer Herde vergaloppierter BΓΌffel haben, die gerade mal eben alles bei uns kurz und klein treten wollten, nachdem sie nicht Mal richtig Guten Tag gesagt haben? Echt jetzt! Warum?
πŸ‘  
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@jaki01 ·
$0.47
*Wenn* jemand Anlass zu Mitleid bietet, dann die Mitglieder der STEEM-Community, die nicht wissen, wie lange letztere noch bestehen wird, weil diverse, um die Macht streitende Parteien nicht bereit sind, auch nur das geringste ZugestΓ€ndnis zu machen (wobei die Mitglieder einer dieser Parteien ΓΌberdies derzeit durch enorm hohe gegenseitige Circle-Votes auffallen).
Was die vergaloppierten BΓΌffel betrifft, ist letztlich der STEEM weit mehr auf die BΓΆrsen angewiesen als z. B. Binance auf den STEEM. Es wΓ€re aus Sicht eines BΓΆrsenbetreibers wohl ein ΓΌbertriebener Aufwand, sich in die speziellen Logiken jedes noch so kleinen Coins einzuarbeiten. Insofern denken die sich wahrscheinlich "Shit happens." und gehen alsbald wieder zum TagesgeschΓ€ft ΓΌber.

Die eigentliche Frage ist jedoch, was genau du mir mitteilen willst: Ich schrieb ja nicht, die Aktion, die BΓΆrsen zu involvieren, sinnvoll gefunden zu haben, sondern, dass es JETZT ohne Kompromisse keinen Millimeter mehr vorangehen wird.
Oder wie sΓ€he deine LΓΆsung aus?

πŸ‘  ,
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vote details (2)
@agmoore2 ·
$0.17
Hi, 
I've a poor understanding of crypto and a bad sense of money.  However, I think this may be as much about personalities and power as it is about finance.  Your points are excellent.  I won't go through each one--I'm no authority--but I like your reasoning and your tone.

Justin Sun wants to win, without losing.  If we are able to offer compromises that don't undermine the security of the platform, that would be great.

I hope the spirit of reasonable compromise evident in your blog carries us through this crisis. Thank you!

Regards,
AG
πŸ‘  ,
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@ditsch ·
$0.03
>I hope the spirit of reasonable compromise evident in your blog carries us through this crisis.

Let us spread this! !jeenger
πŸ‘  ,
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vote details (2)
@agmoore2 ·
Thank you very much :)
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@jeenger ·
$0.03
Ein jeengervote fΓΌr dich von @ditsch
πŸ‘  ,
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vote details (2)
@agmoore ·
Thank you !
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@andyjaypowell ·
$0.09
Ich glaube, diese Übernahme erfolgte auch zu einem denkbar ungüstigen Zeitpunkt, in einem derben Crash. Da kânnen die Nerven noch zusÀtzlich blank liegen.
πŸ‘  
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vote details (1)
@jaki01 ·
$0.50
Hm ... der eigentliche Crash liegt doch schon deutlich weiter zurΓΌck ...
FΓΌr mich sah es lange Zeit nach einer allmΓ€hlichen Gesundung des STEEM aus.
πŸ‘  , , ,
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vote details (4)
@andyjaypowell · (edited)
$0.06
Da hast du mich falsch verstanden. Ich rede vom generellen Crash, der natürlich auch den Steem mit runtergezogen hat. Wobei man nicht übersehen konnte, daß sich der Crash relativ in der Assetklasse gut gehalten hat, was man an der CMC Position leicht ablesen kann. Da ging es ja um die 20 PlÀtze noch oben.

In diesem Marktumfeld noch intern zu balgen, ist sicherlich eher kontraproduktiv - nach meiner bescheidenen Meinung, die nicht stimmen muß. Einfach so mein Gefühl.
πŸ‘  
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vote details (1)
@atego · (edited)
$0.08
Diese Verhandlungen zu tΓ€tigen dΓΌrfte nicht  leicht werden weil anfangs schon geschossen wurde als gΓ€be es kein Morgen 
Hier braucht es einen, mehrere  HandelsmΓ€nner/Frauen  mit Sachverstand, FingerspitzengefΓΌhl der Vertrauen erweckt   Und Justin.S die Vor und Nachteile seines Handeln glaubhaft vermitteln kann bei solchen Verhandlungen sollte man sich gegenΓΌber Sitzen 
Mein Beruf ist der Handel tagtÀglich, manchmal mit 20 Verschiedenen Charakteren nicht so einfach wie der ein oder andere sich das vorstellen mag 😐
Ein gutes GeschΓ€ft tut Beiden manchmal ein wenig  weh aber wenn so Vertrauen aufgebaut werden kann ist es das Wert 
Die 13 Wochen Power Down finde ich nicht verhandelbar und um Sun davon weg zu bewegen sollte man im ZugestΓ€ndnisse machen in Form von Witnesses , Mitspracherecht ohne wird’s eh nicht gehen
Der ein oder andere der Anfangs meinte die Axt wΓ€re der richtige Weg, erkennt jetzt vielleicht den Irrweg !
VgA
πŸ‘  
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vote details (1)
@jaki01 ·
> Der ein oder andere der Anfangs meinte die Axt wΓ€re der richtige Weg, erkennt jetzt vielleicht den Irrweg !

Nach allem, was ich weiß, ist die Mehrheit der 'Topwitnesse' auf klarem Konfrontationskurs und nicht mehr wirklich an Verhandlungen interessiert. Die meisten dürften eine STEEM-Fork befürworten (deren Folgen ich im Artikel kurz angeprochen habe). Ich fürchte, mein Appell, zu verhandeln wird ungehârt verhallen.
Es ist zwar absolut sinnvoll, sich zu ΓΌberlegen, zu welchen ZugestΓ€ndnissen man bereit wΓ€re, aber die absolute Grundvoraussetzung fΓΌr alles andere, die sozusagen ΓΌber allem steht, ist die Bereitschaft, *ΓΌberhaupt* zu verhandeln ...
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@atego ·
$0.04
Ohne Bereitschaft zu verhandeln ohje hoffentlich reist das mal gerade 
Wer nicht mehr bereit ist zu verhandeln der muss aber auch bereit sein alles zu verlieren 
πŸ‘  
properties (23)
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vote details (1)
@borislavzlatanov ·
$0.08
A portion of the stake going towards ecosystem development and the rest Justin can do what he wants with seems agreeable to me, if the portion is substantial (10-20%).
πŸ‘  
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vote details (1)
@cleanplanet ·
$0.04
CleanPlanet Upvote
Thanks to @jasuly for burning [1000 CT](https://steem-engine.com/?p=market&t=CT)! You have been rewarded with a 100% vote. Your action makes this project grow and helps to restore a Clean Planet! Join us on our [Discord Channel](https://discord.gg/FkVTpwU) and on [our website](https://cleanplanet.io)
πŸ‘  
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vote details (1)
@ditsch ·
$0.13
A compromize is a good thing - but there must be trust! I think that there is not much trust on both sides... !jeenger
πŸ‘  
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vote details (1)
@don-thomas ·
$0.13
In most of your points I agree with you, there must be a chance for some compromises, but some had to learn that like @freiheit50 stated in his comment, as well as me in several comments in other places on the chain, that Justin Sun has the right that nobody violates his stake, it is his stake no one is allowed to touch it, no witnesses, nobody else.

And as Justin is, like you mentioned before, a business man he will look in higher numbers not in lower, I guess he wouldnΒ΄t accept lower numbers for his stake at the moment of selling it ;) and I also guess that this is something what the witnesses will understand perfectly if the are honest about this issue.  

Normally there must be a bright future for Steem (and all of us) if both (Justin and the witnesses) are away from the misleading rails where they are at present time and seek together for some possible solution for solving the issue(s). 
πŸ‘  ,
properties (23)
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vote details (2)
@double-u ·
$0.11
Thank you for this statement.
I strongly support your proposals.
πŸ‘  ,
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vote details (2)
@jaki01 ·
$0.16
Nice to read that!
πŸ‘  
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vote details (1)
@florianopolis ·
***But the end of all things has drawn near.*** Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)
## Question from the Bible, *Does the Bible show any solutions on the current problems of mankind? [Part 1 of 2]*
Watch the Video below to know the Answer...
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https://youtu.be/ibTmobGkW0U
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to **Thank you, our beloved friend.**  
Check our [Discord Chat](https://discord.gg/vzHFNd6) 
Join our Official Community: https://steemit.com/created/hive-182074
πŸ‘  
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vote details (1)
@freiheit50 · (edited)
$0.11
I don't worry about that all. There will be a solution. Finally, the players will find a win-win situation. Nobody wants to lose money. As already mentioned in other comments, two things shouldn't have happened:

* Blocking Justin's stake from active use due to the rule of property.
* Converting steem to SP by the exchanges, as well due to the rule of property.

Blockchain in general is a strong concept of property. Unfortunately there are still to many gangsters and socialists acting.

!invest_vote
πŸ‘  ,
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vote details (2)
@jaki01 ·
Lets really hope that you are right, my optimistic friend! :)
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@glory7 ·
$0.19
I agree with most (if not all) of your analysis and suggestion. 

I don't understand how some users think that "forking out" would work smoothly, as that is not likely to find financial support(funding).
πŸ‘  
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vote details (1)
@investinthefutur ·
@freiheit50 denkt du hast ein Vote durch @investinthefutur verdient! ----> [Wer ist investinthefutur ?](https://steemit.com/deutsch/@investinthefutur/wer-ist-investinthefutur)<br>@freiheit50 thinks you have earned a vote of @investinthefutur !----> [Who is investinthefutur ?](https://steemit.com/deutsch/@investinthefutur/wer-ist-investinthefutur)
πŸ‘  
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vote details (1)
@jeenger ·
$0.04
Ein jeengervote fΓΌr dich von @ditsch
πŸ‘  
properties (23)
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vote details (1)
@oldtimer ·
$0.12
I agree with your opinion and suggestions.
πŸ‘  
properties (23)
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vote details (1)
@steemitboard ·
$0.03
Congratulations @jaki01! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@jaki01/commented.png?202003160024"></td><td>You got more than 13500 replies. Your next target is to reach 14000 replies.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@jaki01) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=jaki01)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
πŸ‘  
properties (23)
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vote details (1)
@vikisecrets ·
$0.05
If we have a HF, we can create a new dev fund or reclaim the Genesis stake of Steemit Inc. If the fork is sucessful, exchanges would list us eventually too but a compromise with JS/Tron would be better from a business standpoint.
πŸ‘  ,
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vote details (2)
@xpilar ·
$0.59
Hi @jaki01

After it all started, it became a war.
I have read page upside down with suggestions on how to solve this and I have really just become more and more confused about what others think. Your suggestion is the best I've read so far and I fully support it. 

Re-steemed
πŸ‘  , , ,
properties (23)
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vote details (4)
@jaki01 ·
$0.20
Thanks a lot!

I tried to make at least some suggestions, how a possible solution could roughly look like.

Most important would be that the competing parties are still open to seek compromises at all. Unfortunately, at the moment it looks like many involved people prefer fighting over negotiating ... But I still hope I am wrong.
πŸ‘  ,
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vote details (2)
@xpilar ·
$0.32
yes, it has become a power game with poor control and where emotions are involved. let's hope they all soon think with reason and put emotions aside
πŸ‘  , ,
properties (23)
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vote details (3)