Quote from: iamnotback on July 16, 2016, 06:56:34 PM

Quote from: bacchist on July 16, 2016, 06:41:49 PM

Thank you for helping set the record straight with your ninja edit.

Dan, perhaps you might want to read my edits again, to be sure you still agree they are accurate.

I see you failed to note the words "may be" and "i can not confirm if this is real or fake" that is in what you quoted before any edit was made. Disingenuous is your desperate trolling tactic.

Edit: there is some more discussion at the Bitshares forum:

Quote from: https://bitsharestalk.org/index.php/topic,22857.0.html

So it looks like the STEEM hack might be worse than thought. The site has been read-only all morning and has been completely down for the last hour. Last I read regarding the hack was from @ash about 8 hours ago saying that the attacker is continuing to milk accounts.

Since Steemit is obviously down right now, I figured I'd bring the discussion over here. Anyone have a clue what the hell's going on?

Quote from: https://bitsharestalk.org/index.php/topic,22857.msg296440.html#msg296440

Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

Quote from: https://bitsharestalk.org/index.php?topic=22857.msg296450#msg296450

The principal risk remains, however. If someone manages to sneak some JavaScript code into the site, then your keys will be compromised.

This last comment is true that if you are using a website wallet, you really are using a centralized wallet regardless if the private key is only stored on a paper wallet.

Also I am LMAO that Streemit is apparently using PHP server-side, the same insecure language Mark Karpeles used for Mt. Gox.

And more people are starting to realize this is a corporate controlled block chain:

Quote from: https://www.reddit.com/r/steemit/comments/4t50ld/down_again/

Quote

Steemit needs more decentralisation and open communication. At this point it is basically a centralized service that uses a blockchain to attract people in this space by pretending to be decentralized.

As soon as steemit.com is down, nobody knows whats going on. The steemit organization still has full control over the blockchain, as we saw yesterday they can simply do a hardfork without asking anybody.

Steemit.com is not decentralised. It is only a gateway GUI to the Steem protocol. You can open your own gateway competing with Steemit. Right now the only alternative is using the command line to interact with the protocol. But normal users would hate to interact with the command line. Also it is nice for new users to get a gift of a few SP when using Steemit.com for signing up.

In the future I guess some people will fork Steemit and customize their own thing.

The block chain isn't necessarily decentralized either, because it is DPoS. At least the checkpoints have to be centralized.

Glad to see not all of us have the wool pulled over our eyes here...still can't believe all the hype this has been getting, it's ridiculous. But, you know what they say...the harder they fall...(users whom invested, obviously...not the 'devs' who make off like bandits)