Steem validators to hard fork to freeze $ 5 million in assets of Hive supporters The Steem blockchain project validators intend to conduct another controversial hard fork this Wednesday.

Steem validators to hard fork to freeze $ 5 million in Hive supporters' assets

Steem blockchain validators intend to carry out another controversial hard fork this Wednesday.

The hard fork includes two changes. The first of them is aimed at reducing the period of blocking STEEM tokens in staking from thirteen weeks to four. The main contradictions are related to the second proposal - to freeze the assets of those blockchain participants who pose a "direct threat" to it.

According to Decrypt estimates, tokens worth $ 5 million were at risk. They are located on the accounts of 64 users. Mostly these are validators who are accused of opposing Tron founder Justin Sun, who became the owner of the social network Steemit Inc. on the Steem blockchain at the end of last year.

Steem members disagreed with Sun's actions hard forked Hive on March 20. They continue to wreak havoc on the Steem ecosystem by overloading the network with transactions, disrupting its stability, and publicly harassing users to justify the changes planned for today, according to current validator Steem Triple A..

However, there is no evidence that Hive supporters are interfering with the Steem network. The new hard fork may be a response to the fact that the organizers of Hive have excluded Steem validators from the airdrop of their blockchain tokens.

It is noteworthy that one of the main reasons why validators who left Steem still hold the tokens of his network is the existence of the aforementioned period of blocking tokens in staking. The discord in the Steem community began in mid to late February, about 12 weeks ago. Validators who did not immediately start withdrawing tokens from staking still cannot freely dispose of them.

Over the past day, STEEM has risen in price by 50%.

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