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RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

in #steem • 5 years ago (edited)

You have a guaranteed controlling stake in the platform by owning 51% of the blockchain.

That is factually incorrect, a DPOS chain requires two thirds (plus one) of the witness positions to control consensus. Due to voter apathy in practice you need much less than that (much less than 51% in fact).

The 51% applies to POW and traditional POS chains not to the ones based on DPOS.

I am not trying to sound smart but it bugs me that a top witness would say something like that.

5 years ago in #steem by
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