Sunday, February 28, 2021

Steemit’s Recent Reaction Questions What Justin Sun Presently Controls

The Steem takeover saga still ranges, but the most shocking and surprising at the moment is who controls Steemit that Justin Sun used his hard-earned money to acquire?

Such a question needs to be asked if the recent reaction from the Steemit platform on Twitter is put into consideration.

Is Justin Sun Really in Control of Steemit

A reputation seems to be at stake, which needs more efforts to sustain its sanctity. The so-called Steem blockchain takeover has prompted the CEO of Tron (TRX) Justin Sun into several clarifications on the major Microblogging platform Twitter.

The recent clarification on Twitter had him bring out some evidence to prove that a coordinated hackers’ attack on Steem blockchain was real.

On the other hand, the CEO of Binance CZ (Changpeng Zhao) also had clarifications to do, in order to come clean as his reputation is also under attack as much as Sun’s.

In a series of tweets a few hours ago, Justin Sun once again relayed what the hackers allegedly did to attack the Steem blockchain, which needed urgent votes of the exchanges involved to sustain the system.

He wrote this “Our intention is never to take over any blockchain but to protect the sanctity of private property! On Feb. 22, some ppl froze 65 million STEEM legally owned by Steemit. On March 3, the same ppl are trying to freeze exchanges assets. We need to stop it!”

The tweets attracted lots of mixed reactions, but a response to the above tweet that brings more questions than answers was the response from the official Twitter handle of Steemit, the platform acquired by Justin Sun.

In the response, Steemit challenged Justin Sun of freezing some accounts on the platform, which it said could have been from miscommunicated and misinterpreted intention, suggesting proper dialogue as the only means of moving the community forward.

This reaction actually got many cryptocurrency community members wondering about who is presently in control of Steemit and its Twitter handle.

“We’d like to work with you Justin Sun. Freezing any accounts is just not right. Maybe there’s miscommunicated & misinterpreted intention, we are where we are today, but the only way to move forward is through conversations,” Steemit reacted.

Binance to conduct STEEM Power Down

Binance CEO ZHAO Changpeng claimed on Twitter that Binance will do the STEEM power down, which will take a few hours at least. He claimed to have learned some lessons over the developing incident.

“Thank you for responding. I think it’s pretty clear now. Binance will do the STEEM power down (something I just learned today), will take a few hours at least, resume withdrawals and go from there. We make mistakes, but we always listen to our community,” CZ shared.

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.

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