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smooth

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2016-03-25 13:36

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smooth

7y

RE: Feedback Wanted: 4 Week Power Down

@thecryptodrive, would you be willing to make a mirror SPS proposal to your 4-week one, so we could collect stakeholder votes against the change? IMO it would help reduce confusion to make the proposal

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smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

I am not sure what lowering the supply would do for adoption of the social aspects of the platform What reducing inflation does is buy time to come up with better models for achieving social growth or

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smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

Something like that might be okay but I'm sure there are many details that would need to be worked out to reach consensus on it, not to mention coding. I agree with you that the 13 weeks is a serious barrier

smooth

7y

RE: SBD Potato 2020/01/17 #2

There is zero need to buy on external exchanges. If you buy on the internal exchange, arbitrage bots can and will take that buying pressure and transmit it to other (external) exchanges (in short, they

smooth

7y

RE: SBD Potato 2020/01/17 #2

As I replied above, the claim of maxing curation is just a misconception. But I do agree with you that it isn't a question of black or white and reasonable people can disagree on what is best for the platform

smooth

7y

RE: SBD Potato 2020/01/17 #2

You are mistaken. Repeat posts like this don't max curation, in fact they tend to minimize it (due to the reverse auction system designed explicitly for this purpose). People voting for this are mostly

smooth

7y

I pasted the burnpost content into the wrong window. The beneficiary is fine, I'd certainly end up burning the rewards on an accidental post like this anyway.

smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

I've supported (both financially and otherwise) several projects to build applications, to recruit users and build communities, etc. None of them have really panned out overall (in the sense of creating

smooth

7y

RE: 휴학합니다

I don't really know what your point is, but as long as you are voting for payouts which don't have any clear benefit for Steem as a community and platform (especially if doing so regularly every day for

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

"Initial consensus date" makes sense. It is somewhat similar to having a delayed start date on funding, to give people a chance to get votes in place first.

smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

The savings feature is opt in and has no incentive. Especially when the goal is to protect newer or less experienced users, as well as to get a high systemic level of security, this isn't a good combination.

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

Without a crystal ball it is really hard to know for sure if we would have more people powering up as a result of this change. We do know a lot of people are powering down now and always will be regardless

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

In fact, more and longer locking increases volatility, it doesn't decrease it. Price discovery happens as a result of coins which are liquid and can trade. With fewer unlocked coins there is less liquidity

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

A small tweak could be made, probably even without any blockchain-level changes (only UI), to tag the two proposals as alternatives with some metadata and display them together as such.

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

Adding these wallet-only accounts would probably be less trivial to shoehorn into the next hardfork, though Yeah really the only reason the 4-week proposal was even seriously considered is for the upcoming

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

Overall accurate

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

The for and against convention is a good idea, though I don't think a set "result" date is really needed. The purpose is really to get a 'sense' of stakeholder sentiment and that changes over

smooth

7y

RE: Feedback Wanted: 4 Week Power Down

The instant power down concept, regardless of the cost/burn, destroys the security feature altogether. A hacker won't care about burning 5% or 20% or even 50%. Anyone who is hacked will lose all their

smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

Instant power down, at any price, is contrary to one of the design goals of Steem, which is, as a noob- (or to use a less loaded term, mass-market-) friendly blockchain, to give users some reasonable

smooth

7y

RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

WHY are we not getting SBD anymore? Due to the low price of STEEM, the ability of the system to support the SBD already in circulation being worth $1 is not there, so creating new SBD is mostly disabled

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