id author title date pages extension mime words sentences flesch summary cache txt blog-dshr-org-9998 DSHR's Blog: Proof-of-Stake In Practice .html text/html 1445 318 87 DSHR's Blog: Proof-of-Stake In Practice Distributed Proof-of-Stake leaves your blockchain open to takeover bids — such as when Justin Sun of TRON tried to take over the Steem blockchain, by enlisting exchanges such as Binance to pledge their holdings to his efforts. Steem community in uproar as crypto exchanges back reversal of blockchain governance soft fork, a detailed account of events. Concerns that Tron might possess too much power over the network resulted in a move by the Steem community on Feb. 24 to implement a soft fork. The soft fork deactivated the voting power of a large number of tokens owned by TRON and Steemit. One week later, on March 2nd, Tron arranged for exchanges, including Huobi, Binance and Poloniex, to stake tokens they held on behalf of their customers in a 51% attack: ./cache/blog-dshr-org-9998.html ./txt/blog-dshr-org-9998.txt