Sunday, September 20, 2020
No menu items!
  • News
  • Blockchain
  • Cryptocurrency
  • Contact Us
More

    Justin Sun Taunts Vitalik Buterin over His Support for Steem Hard Fork

    Must Read

    Jed McCaleb Effects about $3 Million Selloff, As XRP Liquidity Indexes Stay Low

    Going by the recent data released by Bithomp, Jed McCaleb, who co-founded the cross-border payment giant, Ripple, has initiated...

    Analyst Says XRP Price Has Potential to Surge By 30% Once It Breaks This Resistance

    A cryptocurrency analyst identified as TiborVrbovsky has opined (using an illustrative chart on Tradingview) that the fourth largest digital...

    Kraken Exchange to Return to Japan with XRP, ETH, LTC, BCH, XBT Spot Trading

    As recently announced, the top cryptocurrency that just became a United States Bank after winning bank charter approval, will...
    Avatar
    Solomon Odunayo
    Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.




    The CEO and founder of Tron (TRX), Justin Sun has recently responded to a tweet shared by the co-founder of Ethereum (ETH) Vitalik Buterin to reveal his support for the hard fork planned by the Steem community members.

    In the tweet, Vitalik Buterin shared his support for the Steem community that is planning a hard fork to avoid being bought and controlled by Justin Sun.

    Vitalik Buterin wrote this, “This seems like a potential positive watershed moment in the history of blockchain governance. If Hive (the fork) overtakes Steem it would be a strong demonstration that the community is in charge and cannot be bought.”

    Justin Sun Responds

    In response to the trending tweet, Justin Sun imagined the possibility of Ethereum Classic overtaking Ethereum, which he said would strongly demonstrate that decentralization and immutable quality of blockchain matters.

    “I am watching closely if Ethereum Classic overtakes Ethereum it would be a strong demonstration that decentralization and immutable quality of the blockchain really matters.”

    Binance and Huobi to Support Steem Blockchain Hard Fork

    Two prominent cryptocurrency exchanges, Binance and Huobi, have revealed that they will support the planned hard fork of Steem blockchain, which is expected to result in the new Hive network.

    At the time of the announcement, STEEM token was impacted positively in terms of price, with a relatively 200% price increase in spite of the devastating market situation.

    According to Binance, it will support the hard fork and will distribute the new hive tokens to STEEM holders in ratio 1:1.

    In this regard, the exchange scheduled the suspension of deposits and withdrawals and reopen after the hard fork is concluded. Huobi also announced its support for the hard fork in line with the Binance exchange’s decision.

    This hard fork is specifically planned by the Steem community members in the quest to remove Justin Sun’s Steemit Inc. from the group.




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Jed McCaleb Effects about $3 Million Selloff, As XRP Liquidity Indexes Stay Low

    Going by the recent data released by Bithomp, Jed McCaleb, who co-founded the cross-border payment giant, Ripple, has initiated...

    Analyst Says XRP Price Has Potential to Surge By 30% Once It Breaks This Resistance

    A cryptocurrency analyst identified as TiborVrbovsky has opined (using an illustrative chart on Tradingview) that the fourth largest digital currency by market capitalization, XRP,...

    Kraken Exchange to Return to Japan with XRP, ETH, LTC, BCH, XBT Spot Trading

    As recently announced, the top cryptocurrency that just became a United States Bank after winning bank charter approval, will soon reopen in Japan with...

    Galaxy Digital CEO Mike Novogratz Reveals Percentage of BTC and ETH in His Portfolio

    The CEO of Galaxy Digital, Michael Novogratz, has revealed the percentage of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies in his portfolio. The veteran cryptocurrency...

    Ripple Enhances Its Partnership with Bill & Melinda Gates Foundation

    As a report has it, Ripple, the US-based cross-border payment firm has become a sponsor member of Mojaloop Foundation, which implies that the payment...

    More Articles Like This