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      "body": "The Steem blockchain is currently being attacked by a central authority in order to take control of the witnesses.  If you are not managing your witness votes, please consider setting @berniesanders as your witness voting proxy by clicking [here](https://beta.steemconnect.com/sign/account-witness-proxy?proxy=berniesanders&approve=1) to help restore the decentralization of Steem.",
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      "author": "ashr",
      "body": "# The Ongoing Saga of Justin Sun\nJustin Sun is a controversial figure in crypto and controversy has found him yet again – or perhaps, it’s better said that he’s violated the ethics of the crypto community again. \n## WHO IS JUSTIN SUN?\nJustin Sun is a palatable face of youth, intelligence, and privilege. He is used as the visible person for/ face of a group of funders that include both wealthy Chinese and Middle Eastern Nationals and Chinese Government funds.\nOutside of crypto, he’s notably been involved with multiple high profile tech businesses and business people in China, forming and trading on his and his network’s guanxi. In China, business is conducted based on who you know. This may not sound that foreign to those familiar with the US equivalent but unlike in the US, everything in China is based on accumulated social debts and credits to peers, mentors, business partners, and relatives. It’s called guanxi. \nJustin Sun’s network has enabled him to have massive opportunities and access to capital far greater than he could hope to raise on his own. However, there have been times when Sun YuChen (Justin Sun’s real name) has exceeded the strength of his network. \nBetween multiple run-ins with the Chinese Government, even being forced to apologize on Twitter, and various interactions in the cryptosphere, Sun is no stranger to going against convention and taking the heat for it. \nPersonally, I’m not really interested in more about his personal life except to point out that while he is seen as a very wealthy tech titan, he’s a multimillionaire; nowhere near the wealth of his alleged mentor Jack Ma or any of the other billionaires he tends to link his names with.\n## THE SAGA UNTIL NOW\nHaving been involved in innumerable scandals in the industry, it’s hard to pick which are worth highlighting. The Tesla giveaway issue? The lies? The hype? The fake followers/engagement on Twitter? The guanxi provided PND’s on Binance? His company faking development via irrelevant Github commits over a year? \nFrom acquisitions (Bittorrent, Poloniex) that have been billed as “his” even though the money comes from others to using events that rock the world as the basis for impeccably timed but incredibly poor taste self-promotion, Sun’s morality has long been at question. Two recent examples are his self-promoting tweets regarding Kobe Bryant’s death and the Coronavirus/ Wuhan mask shortage.\nIronically, one of his run-ins with the Chinese Government was due to excessive self-promotion. The irony is only increased when you examine how few of his tweets are positively engaged with in the comments in comparison to his likes and retweets. As Greg Thompson pointed out in a piece for CCN, it’s much harder to buy comments than likes and retweets.\nOverall, the negative stories about personal interactions with him are by far the most out of this world aspect. From alleged shoplifting attempts to outrageously absurd personal introductions, the man thrives on attention. At times, I’ve pointed out various logical issues and attracted a few TRX shills, but for the most part I’ve stayed out of it and tried to avoid contributing to the narcissist’s need for attention. \nEven in writing this, I find myself hesitating. Should I write this? Should I contribute to the number of mentions he’s got going on? To his visibility? But at this point, he’s visible and there’s not much impact someone like me is going to have on boosting it. \n## WHAT’S HAPPENING NOW \nRecently, Steemit, Inc. was acquired by the group Sun is the face for. Steemit is a New York based company that handles development for the STEEM blockchain and runs one of the platforms you can use to view entries on the blockchain, Steemit dot com. \nSteemit, Inc. has been the point of centralization in one of the largest decentralized communities on the web. Holding a large stake of the onchain currency that was “ninja mined”, Steemit, Inc promised to use the currency for the development of the ecosystem. While the currency was not forfeited, this promise pacified the growing unrest in the community. \nWith Steemit, Inc.’s acquisition, concern spread like wildfire and the community’s elected representatives initiated some protection and temporarily freezing the stake, requesting that a meeting be held to address their concerns and the promise that was made regarding the currency. \nActing in concert with Binance and a few other entities, Sun moved to unfreeze the coins undermining the STEEM blockchain and community voted in representatives. Within a short time, the community was able to assemble an even more impressive amount of power and prepared to retaliate as Sun called them hackers and stirred further discontent in the community in an effort to save face. \n## THE CHINESE FLAG FLIES\nIn addition to considering his actions and words, the community has reason to be concerned, knowing that Sun has had prior issues and reaffirmed alignment with the Chinese government. Their stance on censoring anti-CCP content and controlling news is well known and when combined with the large Chinese presence on Steemit spells a recipe for disaster. \nThe only way to gain enough power over the STEEM blockchain to censor it was through the exact play he made. \nIn December, I wrote about this a [Facebook Group called CCT](https://www.facebook.com/groups/CCTOfficial/permalink/830617177434437/ ) and warned that we were seeing a power play by the Chinese. Poloniex was the target at the time, but now the largest decentralized community is. [I've copied it here to make sure it's visible.](https://steemit.com/crypto/@ashr/if-satoshi-could-see-us-now)\nThe saga continues…",
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      "author": "ashr",
      "body": "*Originally posted, Dec 5 2019 in Crypto Coin Trader on Facebook, moved here for linking in another post *\n\nTRX founder, Bittorrent CEO, hookup app owner and CEO, a leading investor in Poloniex's new ownership structure, former chief Ripple Exec for Asia, Justin Sun continues to try to do everything under the sun.\n\nWe seem to be forgetting though, that the point of crypto is decentralization and returning power to people, not just giving power to Justin Sun and letting him make his own fortune with your money.\n\nFrom initial ICO economics, to twitter brags and ego affronts, Justin Sun is playing a dangerous game.\n\nEndorsing and promoting securities, delisting coins at a whim from his damaged ego, Justin Sun has made it clear that he feels laws, rules, policies and procedures don't apply to him.\n\nI know this will get a lot of hate from you TRX fanboys, but the reality is that when he was with Ripple, he saw opportunity to do something similar. Huge corporate holdings of a coin, lock up some of them, and manipulate the market.\n\nOver and over I get asked my thoughts on Tron. I don't care about Tron, because Tron is really Justin Sun. And Justin Sun? He's young, impulsive, manipulative, scheming, and overextended both financially and in the number of responsibilities he's taken on.\n\nEven if you consider him to be the best CEO on the planet, (and I definitely do not) these companies are no longer getting Justin Sun, they're getting a tiny piece of Justin Sun.\n\nTake this recent tweet from him:\n\"I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT.\"\n\nThis quickly led to speculation that Huobi and OKex would be the the next SR's, because at the time, only Binance was an SR on Tron. SR's are arguably elected by the community, but are they?\n\nBinance bought 12B TRX and voted themselves into the number one Super Representative spot.\n\nWhen you look at Binance owning 12B TRX and Justin Sun discussing huge bags of BNB, you have to wonder about what backroom deal occurred to make that happen. Was it a straight trade? Did Sun give CZ a discount to make news happen? We won't know until we start seeing litigation.\n\nJustin Sun is in a position that Ripple execs would envy, with Chinese government support after his promotion of China's particular brand of \"socialism\" earlier this year.\n\nWith Chinese government support, we're not going to see into his dealings anytime soon, but I expect that if we did, we'd see that he's little more than a figurehead, a current golden boy image for Chinese capital.\n\nThere are many indications, including that the ICO ban seemed to wait for TRX's raise to conclude, that he's heading up more than he can reasonably be actually leading, his presence on US based social media without issue, among others.\n\nThis is already long as is, but with these power plays consolidating crypto institutions under one flag, we need to take time to consider what that flag is. That flag may look like Justin Sun, but in reality, as an industry we're ceding power to China.\n\nI'd encourage you to consider what you support and buy and use as we see this play out. Blockchain is a tool that can change the world because it eliminates the need for a trusted third party, provides censorship resistance, and restores freedom to transact.\n\nBut blockchain alone is also a tool that provides an immutable record of actions and identity that sounds like a dream for authoritarian regimes. We have the power NOW to decide which of these types of blockchains, industry companies, and long term outlooks we will support.",
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      "body": "![what the fork.png](https://cdn.steemitimages.com/DQmVwxRijWAemLrZjv7SvPkgHPoBJC141pKezfUzJzFy8Fy/what%20the%20fork.png)\n<strong>Getting things forked up 🔀</strong>\n\n🔷Soft fork is a chain fork that is backwards compatible to non upgraded nodes which creates a patchwork of upgraded and non-upgraded nodes.\n\n🔷Hard fork is not backwards compatible and orphans non upgraded nodes.\n\n🔷Hard forks do not always result in additional coins:\n\n🔹🔹Contentious hard forks result in a second chain and potentially duplicates assets on the split chain based on split chain’s new rules.\n\n🔹🔹Consensus hard forks result in a uniformly upgraded network, basically a software update.\n\nEthereum Instanbul is aimed to be a Consensus driven hardfork on the testnet in Early October that will integrate a number of Ethereum improvement proposals/EIP’s into the testnet then the mainnet.\n\n<strong> EIP’s that are part of it:</strong>\n\n<strong>152:</strong> Adds ability to verify Equihash PoW within an Ethereum contract, enabling relay and atomic swaps with Zcash.\n\n<strong>1108:</strong> makes zk-SNARKs cheaper, with the goal of cheaper future scaling and privacy apps (4 solutions impacted)\n\n<strong>1344:</strong> adds a replay attack prevention solution for contracts to track the right chain. The goal with this is to protect layer 2 contracts used by state channels and plasma, particularly during a HF. This is with the introduction of an opcode.\n\n<strong>1884:</strong> cost changes to some EVM opcodes for better spam prevention and to balance blocks, some existing opcodes are expensive in terms of computing power used but cheap.\n\n<strong>2028:</strong> Make zk-SNARKs and zk-STARKs cheaper with a reduction to the cost of calling data during tx’s. This reduces costs of layer 2 throughput.\n\n<strong>2200:</strong> changes cost calculation for storage in EVM. Enables contracts to use new functions like same contract multi send and re-entry locks.\n\nThe Instanbul mainnet upgrade date was projected to be 10/16/2019, but that’s dependent on a lot of variables.\n\n<strong>Following Instanbul, Berlin is the next hardfork expected to be in April 2020.</strong>",
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      "title": "What the FORK!? - Understanding Ethereum Instanbul Hardfork"
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