Tron Foundation Explains The Facts About Steem Acquirement

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • Tron Foundation has reported the confused and provoking thought of Steem takeover.
  • The main intention was to override the sanctity of the private property, which is laid as the foundation of the Blockchain and Crypto.
  • The freezing of the accounts was done with no rights and also disrespecting the code of sanctity.

Tron Foundation has reported the confused and provoking thought of Steem takeover; the intention of the Tron foundation is not taking over any Blockchain but to develop the existing platform into a much greater one. The main intention was to override the sanctity of the private property, which is laid as the foundation of the Blockchain and Crypto.

When the Tron foundation acquired Steem, they exclusively stated that the community was working and exchanging ideas to make Steem greater than it is now, but on unknown circumstances, 65 Million Steem token were frozen by witnesses on the 22nd of February.

The features of withdraw_vesting_operation and transfer_operation were blocked for certain accounts, says Tron foundation, including the ones on Binance, Huobi, and Poloniex

The freezing of the accounts was done with no rights and also disrespecting the code of sanctity, which crosses the line of the basic Blockchain idea. If the community has different opinions on the matter, both should discuss in an orderly fashion rather than freezing people’s assets.

Tron foundation has come to an understanding to withdraw all their assets from the collaboration and later give back all the control to the witnesses once the Tron community is completely feeling safe of their funds and assets.

It also comes to the notice of Tron members that the Steemit community is planning to freeze the assets of exchanges and people who are not even related to this dispute. They simply fall into the hole.

Tron gave a final comment that the blocking is assets is not completely righteous, and the community is eagerly available to discuss any dispute for the benefits of both companies that will help them reach greater heights.

Tron community also asked the Steem members from developing the codes to freeze assets, which is not going to help in any manner and only will lose respect by doing so. Tron said it is available to discuss further to help both the companies and its members.

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