How much STEEM JUSTIN TRON SUN already controls ?

5개월 전

We all know that Justin Tron controls poloniex exchange .He doesn't have complete ownership of the exchange but he controls the decision flow at that exchange.

We also know that poloniex "delisted" STEEM few months back so presumably no-one can withdraw STEEM left on the exchange. You would be surprised to know that almost 2.2M STEEM is just left on the exchange , this presumably is abandoned STEEM by people not in crypto sphere anymore.

If Justin Tron buys 50% of stack from Ned Scott , he will end up with somewhere around 5-6 M STEEM hence totally controlling the STEEM blockchain without really owning STINC or STEEM.

So effectively for 1.5M $ USD ( buy Ned out) he can totally control the STEEM blockchain , it's too good of an opportunity to pass off for the Tron King.

To be clear: I don't think this is a bad development per se , since Ned/STINC has mostly wasted their stake.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending

There's 356M steem out there. 5M is 1.5%. it's not nothing... but he'd need more to "control steem."

If he had all of steemit's stake that's maybe 75 Million. That woudl give him 21% control of the network. That's a lot. Maybe that's enough to control?


good points...


i think so too


Well in other businesses, you need 51% to have full control. Still if we fork, that's an option.

I’m anxiously awaiting some type of announcement tomorrow.

How many devs has TRON?

And our time,...


u mean Ned has wasted our time ?


Whoever chose linear rewards for two years wasted our time.

Hi @itstime!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.247 which ranks you at #3058 across all Steem accounts.
Your rank has improved 779 places in the last three days (old rank 3837).

In our last Algorithmic Curation Round, consisting of 81 contributions, your post is ranked at #68.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • Your contribution has not gone unnoticed, keep up the good work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server