Justin Sun allegedly bribed his way to the top of the Steem chain of command
The controversial founder of the TRON cryptocurrency hasn’t made any friends after purchasing Steem
TRON founder and CEO Justin Sun has been the target of strong accusations coming from one of the major Steem stakeholders, Dan Hensley. According to Hensley, Sun used bribes to climb his way to the top of Steem’s hierarchy by using “money, power and users.”
Last month, it was reported that the cryptocurrency company Steem suffered what many people viewed as a hostile takeover from Sun. On April 8, Hensley’s writeup shared a few pointers that could explain how Sun was able to influence the people at Steemians into doing his bidding.
Hensley spoke with Cointelegraph about Sun’s intentions, explaining “Justin was losing the voting war halfway through and started offering people $2,500 each month to run a witness node for him on Steem. I own a DApp [decentralized application] called 3speak that was on Steem, he offered us money, power and users.” This war mentioned by Hensley was related to the voting procedure the company used to select 20 delegated witnesses to oversee the Steem blockchain. In this ballot, coin holders show their support for one witness by staking funds in their favor.
This is the point in which Hensley claimed Justin Sun did wrong. He changed the decentralized voting model the company had, and he started paying users to vote for certain witnesses that were selected by him personally. “He said all we had to do was get people to stop voting for the community witnesses and vote for his witnesses. We refused. He also was bribing users in Discord saying anything they wanted to hear for votes.” Now Sun’s takeover has shattered Steem legitimacy as a decentralized blockchain, according to Hensley.