Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0'

Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0'


In March, the crypto world saw the first instance of what many saw as a hostile takeover attempt of another blockchain. Justin Sun, the founder of Tron, had acquired Steemit, Inc. and the Steem blockchain with it — or so he thought.

A complex battle of hard forks, block production takeover, alleged bribes and misdirection ultimately resulted in most of the Steem community migrating to Hive, a completely grassroots version of the previous platform.

Meanwhile, the original employees and developers of Steemit, Inc. left the company almost immediately after the purchase. Their role in the ensuing battle was limited, but they didn’t exactly fall off the face of the Earth.

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Andrew Levine — who described himself as the Steemit “designated non-engineer” executive — co-founded OpenOrchard with six of his former teammates. The new-old team set to design a blockchain from scratch, something of a Steem 2.0 that would fix all of its technical deficiencies.

Those issues were, above all,

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