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RE: Remember when @Blocktrades explained how a fork is not theft and you ate that shit up like it was candy?

in #informationwar4 years ago (edited)

What do I think about it in regards to what? Their capacity to exist? It seems you think that there is no theft, no massive, unprecedented stealing of funds, you seem to actually think that the theft is no different from a fork, and that it should be a matter of forming a whole other asset but not really because you seem to think that the blockchain can simply be rolled back, state protocol and consensus be damned, just assume a magical "go back" button or whatever you think the 'solution' is, but certainly not stating that a massive fraud, a grand theft has occurred.

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You wouldn't rollback HF23, you would restart the chain running Steem 22.X and use that as a starting point. The blockchain isn't being roll-backed, it would be resumed at the point where the alternative chain HF23 is split off. That's how forks work in Proof-of-Stake blockchains. If you consider Steem 23 as the official chain based off of consensus than you are admitting that Proof-of-Stake chains are terribly weak at securing people's money. If we have to "obey" consensus like folks like yourself seem so interested in doing, then sure, the Steem "community" agreed to "steal" from the particular subset of forks that had their tokens moved from their accounts.