banner
Steem: Justin Sun against Vitalik Buterin
Steem: Justin Sun against Vitalik Buterin
Blockchain

Steem: Justin Sun against Vitalik Buterin

By Marco Cavicchioli - 20 May 2020

Chevron down

Yesterday, the issue concerning Steem‘s governance provoked a real clash between titans: Justin Sun against Vitalik Buterin

It all obviously stems from the purchase of Steemit by TRON. In theory, Steem would be a decentralized network, although the purchase of its main web interface, Steemit, by the TRON Foundation seriously questions its decentralization

This led to the creation of Hive, a new decentralized network created from a Steem fork. 

Yesterday, in response to a tweet where Steem was defined “a centralized scam”, Vitalik Buterin tweeted saying

“Shouldn’t every Steem user just be moving to hive at this point?”

Then came Justin Sun’s grumpy reply

“Shouldn’t every Ethereum user just be moving to TRON at this point?”

That’s when a real brawl started, and hundreds of people were involved in it. 

Upon reflection, Justin Sun’s grumpy response actually made very little sense. 

In fact, following the same logic whereby Steem users might want to migrate to Hive, to benefit from a higher level of decentralization, it seems that TRON users should want to migrate to Ethereum, and not vice versa

To this provocation of Sun, Buterin did not actually respond. 

Instead, the discussion went on a different path. 

Buterin shared a tweet from Jameson Loop with which he retweeted an article about today’s hardfork that will block the accounts of several Steemit users, and freeze $5 million worth of STEEM tokens. 

Vitalik’s comment was: 

“This is exactly the correct take. A chain is its maintainers’ responsibility, not their property. And that responsibility can be taken away at a moment’s notice”. 

Sun’s response came promptly, who probably does not tolerate these initiatives in favour of the advocacy for decentralization: 

“I am not involved in any Steem community decision but I have to voice their opinions. Since Hive took their money Vitalik Buterin & the misleading media are 100% supportive of it. Any media that covers this should interview current STEEM witnesses”.  

Again, Buterin has not responded. 

Sun also posted another tweet in which he accuses the Ethereum blockchain of not being immutable, to the extent to which he says that no asset based on Ethereum is safe. He even goes so far as to promise to sponsor 100% anyone who has been damaged by the DAO hack so that they can claim damages from Vitalik Buterin. 

This looks like a war, but between the two contenders, it seems that Vitalik is the least likely to fight. 

After all, he is actually promoting a blockchain, Hive, external to Ethereum, and completely disconnected from it, for the sake of decentralization. 

Sun, on the other hand, is promoting his blockchain, and his activity, against accusations of centralization that have long been coming at him from all sides. He has chosen Buterin as a specific target probably due to his visibility. 

It is safe to assume that the matter is not over at all

 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.