Cryptocurrency

Justin Sun complaint violation of your property

The birth of Bitcoin brought with it the popularization of the technology Blockchain, and with it a series of core values. However, they are not always respected and even, at times, there are clashes between sectors of the crypto community to defend the same principle. Something similar to what has happened in Steem with Justin Sun, and about what he’s talking about in the Tweet of the day:

The tokens, by Justin Sun

The last few weeks have been busy for Justin Sun. Therefore, after the tycoon of the cryptocurrencies buy Steemit, the decentralised application of microblogging based on Steem, it began with a confrontation between Sun and the community of the criptomoneda. In particular, because of the 74 million tokens acquired by Sun next to Steemit, which would provide the power to make decisions within the Blockchain. Something that was quickly noticed by the community, which launched an update within the string of blocks to freeze the tokens of the Sun and prevent your domain. This desencadeno the wrath of the businessman, who immediately mobilised for a coup within the Blockchain, something that we have already reviewed here in CriptoTendencia. But above all, it has unleashed a debate on the respect for private property within the Blockchain. And is that, for Justin Sun, the actions of the community of Steem were a violation of his property. To avoid that I could use the tokens of Steem that he had acquired in a legal way, the way that seems convenient. Being the respect for private property one of the basic principles of the technology Blockchain. “When you invent #Bitcoin, the beauty of crypto was that no one could quitártelos. The sanctity of private property is guaranteed by the mathematics and code behind. The freezing of the funds of the people violates the basic fundamentals of cryptocurrencies,“ wrote Sun in his Twitter account. But the complaint of Sun on the violation of their property just seems to have marked even more the differences between both sides. One that gives you the reason and the other who is in favor of the group that froze his funds. And it seems that it will continue this difference between two of the fundamental values of the Blockchain, on the one hand the respect for private property, and on the other democracy and the ability of the community to make decisions.

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