Today crypto showed what it is. Some friends pulling the strings.
Two Major exchanges: Huobi and Binance decided to use customer funds to power up and start favour voting in the ongoing matter regarding the Steem chain and the last week announced temporarily freezing of Steemit Inc related accounts. Mind you, the amount they powered up will need 13 weeks of powerdown to become liquid again. Imagine if all Steem wanted to be withdrawn from exchanges, they could not even!
As a result now Steem, which used to be a decentralised chain, is run on most probably just one centralised node, which, mind you, can run 20 witnesses from one single computer, dedicating whatever happens with the chain next, without any healthy discussion or countervoting. Basically a dictatorial state, where any decision can just be made instantly.
At least softfork222 was the result a heavy discussion between about 50 key players, community members and long term steem users and investors. This move with Forck22.5 and centralisation of the Steem Chain is a power grab with some phone calls to befriended exchanges.
And that apparantly is the state of Crypto in 2020. Call your friends, owners at exchanges and run the decentralised show. Is that the promise of decentralization?
Because I don't want to offer services for the Steem chain in the current state, i have removed the SteemWallet.app apps for iOs and Android from the Appstores. Coming days I will work on removing any other dapps I made in the past years. I will see how we morph the SteemWhale for coming year. And SteemFest... let's see, maybe we just do a nice great meetup reunion somewhere someplace.
Additionally, I have undelegated all my delegations to many great projects for the Steem chain. I am sorry.
I have disabled my witness and will work on disabling my nodes.