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Bitcoinist 2020-03-02 21:00:53

Steem Goes Down After Major Exchanges Hijack Consensus Mechanism

In a move that has both stunned and infuriated the Steem community, major crypto exchanges have used the voting power of their held tokens to restructure the platform’s consensus algorithm. The network has now gone down in a move that may be tied to Justin Sun’s acquisition of Steemit late last month, and the community’s attempt to limit his power. JUSTIN SUN ACCUSED OF STEEM RETALIATION By purchasing Steemit, Justin Sun gained control of a […]

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