RE: RE: How Steem works will change for the worse for most of us if we don't stop it! Important for newbies and oldies alike!
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RE: How Steem works will change for the worse for most of us if we don't stop it! Important for newbies and oldies alike!

improv(73)
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7y

Gladly!

The way rewards are distributed is going to change in what is known as Hardfork 21 or HF21 unless the witnesses reject it.

Witnesses are the people we elect to run the software that Steem runs on. Currently, the witnesses in charge want to move forward with a change that makes it so that the posts worth less than 16 steem ($3 in today's prices) are worth even less than that so that the posts that are worth more than $3 can be worth even more than that. Since very few posts by middle-size and small accounts are worth that much, but most posts by large accounts are worth that much, it will essentially funnel rewards into the pockets of the users who already have more.

In order to oppose this, users like tcpolymath@tcpolymath and me are voting for witnesses who oppose HF21. We encourage all other users to do the same. The easiest way to do this is to set us as a voting proxy, but if you have the time and passion, you can and should do your own research. If not, though, tcpolymath@tcpolymath is a trustworthy fellow, and it's worth setting him as your proxy.