Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Steemit Chaos: Why Justin Sun and the Community Are at War - Ep.115

Steemit Chaos: Why Justin Sun and the Community Are at War - Ep.115

FromUnconfirmed


Steemit Chaos: Why Justin Sun and the Community Are at War - Ep.115

FromUnconfirmed

ratings:
Length:
31 minutes
Released:
Mar 6, 2020
Format:
Podcast episode

Description

Brady Dale, senior reporter at CoinDesk, walks through the last few weeks of drama in Steemit this week, staring with when Justin Sun bought Steemit, what that meant for the network, and how the validators (aka "witnesses") responded and how exchanges got involved. We talk about why it's significant that the exchanges were Poloniex, Huobi and Binance, and why they seem to have walked back their support of new witnesses. We also cover the lessons in this drama for blockchains that use delegated proof of stake, and where the Steemit community might go from here.  Thank you to our sponsors!  eToro: https://www.etoro.com Crypto.com: https://crypto.com Kelman Law: https://kelman.law Episode links:  Brady Dale: https://twitter.com/BradyDale Steemit: https://steemit.com Justin Sun: https://twitter.com/justinsuntron Sun acquires Steemit: https://www.coindesk.com/steemit-sets-up-shop-on-tron-network Crypto exchanges get involved: https://www.coindesk.com/why-crypto-should-care-about-justin-suns-steem-drama Blog post from Steemit: https://steemit.com/tron/@steemitblog/an-open-letter-to-the-community-hf22-5 Steemit community fights back: https://www.coindesk.com/steem-community-mobilizes-popular-vote-in-battle-with-justin-sun Exchanges walk back: https://www.theblockcrypto.com/post/57607/justin-sun-stands-by-trons-decision-to-overturn-community-governance-rule Lessons from the Steemit battle: https://twitter.com/DavidVorick/status/1235064633016242176 Links from news recap: https://unchainedpodcast.com/he-giggles-snorts-and-waves-his-arms/
Released:
Mar 6, 2020
Format:
Podcast episode

Titles in the series (100)

Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I'm a nocoiner.