Brady Dale, senior reporter at CoinDesk, walks thru the earlier few weeks of drama in Steemit this week, staring with when Justin Sun sold Steemit, what that meant for the community, and the contrivance in which the validators (aka “witnesses”) spoke back and the contrivance in which exchanges got concerned. We discuss why it’s main that the exchanges were Poloniex, Huobi and Binance, and why they appear to be pleased walked support their toughen of newest witnesses. We also duvet the classes on this drama for blockchains that employ delegated proof of stake, and the establish the Steemit community may roam from right here.

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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-fashions-up-shop-on-tron-community

Crypto exchanges procure entangled: https://www.coindesk.com/why-crypto-ought to amassed-care-about-justin-suns-steem-drama

Weblog post from Steemit: https://steemit.com/tron/@steemitblog/an-starting up-letter-to-the-community-hf22-5

Steemit community fights support: https://www.coindesk.com/steem-community-mobilizes-current-vote-in-fight-with-justin-solar

Exchanges stroll support: https://www.theblockcrypto.com/post/57607/justin-solar-stands-by-trons-decision-to-overturn-community-governance-rule

Lessons from the Steemit fight: https://twitter.com/DavidVorick/philosophize/1235064633016242176

Hyperlinks from news recap:

https://unchainedpodcast.com/he-giggles-snorts-and-waves-his-palms/