smooth's comments - older posts | Ecency

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smooth

@smooth

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2016-03-25 13:36

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smooth

7y

RE: Tron and Steemit Join Forces

It isn't a matter of how it 'should' work. The current system is an approximation of approval voting (in fact, under true approval voting the number of votes would be unlimited, but this was changed not

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smooth

7y

RE: Tron and Steemit Join Forces

It weakens the security of the chain generally (lower stake threshold to vote in malicious witnesses) but that may be a reasonable tradeoff to reduce the control of the largest stakeholder(s).

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smooth

Hive Governance

7y

RE: Single token, simplification?!

Technically we don't really know to what extent the extraordinary events of late 2017, where we saw large and sustained overvaluation of SBD, would ever recur. So far we have not. There are already some

smooth

7y

RE: Steem experiment: Burn post #582

Maybe you can elaborate?

smooth

witness-category

7y

RE: Inactive and outdated Witnesses

I do not disagree with your voting philosophy. My only point was that it is better to vote for some witnesses who at least are trustworthy and competent to secure the chain even if the votes are still

smooth

7y

RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

I certainly agree with encouraging people to use more witness votes. It can't hurt. My position is only that this should be encouraged while also maintaining a realistic understanding of its likely

smooth

witness-category

7y

RE: Inactive and outdated Witnesses

Yes, you should absolutely use all or at least most of your witness votes (4 empty slots is not a big deal) for the simple reason that it makes the chain more secure. By default, vote for any witness you

smooth

Hive Governance

7y

RE: Single token, simplification?!

I don't think so but I'm not 100% sure. In my opinion, mostly they ignore it because the value is low (and we're lucky when they keep their wallet updated and online), but now that they all have people

smooth

Hive Governance

7y

RE: Single token, simplification?!

I agree with you but its the reality of the environment.

smooth

7y

RE: My Statement on Tron's Acquisition of Steemit

Also, @vandeberg is literally one of the founders and he's still around.

smooth

7y

RE: Tron vs STEEM Lets see some stats (read summary before voting)

Fair comparison and probably what a third party with no previous experience with either chain would see if looking at it, except of course that Steem is pretty obscure and a lot of people never see it

smooth

Hive Governance

7y

RE: Protect & Govern STEEM: Vote for Witnesses NOW!

That's right. Ordinary delegation DOES NOT apply to witness or SPS votes. Proxy DOES apply to witness and SPS votes. Vote power also has no influence on witness and SPS votes.

smooth

7y

RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

It only can't unilaterally if you expect a major increase in the amount of stake voting for witnesses. That includes stake held by dormant and even dead stakeholders, lost keys, etc. I don't expect this.

smooth

7y

RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

Voting is one thing people can do but certainly not the only thing. In this instance I don't expect any amount of voting to make a significant difference to the fact that 37.5% is an enormous and dominant

smooth

Hive Governance

7y

RE: Single token, simplification?!

Decred has 28 days and here is another exchange offering staking without any lock up. They do disclose that there will be a withdrawal queue and you may have to wait to withdraw, so we will have to see

smooth

7y

RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

Not even close to 200 million votes for witnesses, and it is likely that it never will. Similarly, 75 million is 20% of the total supply of STEEM, not SP. And also similarly, it is very unlikely that anything

smooth

7y

RE: STEEM is still not Steemit, even if Tron buys Steemit.

Oh okay, I wasn't aware!

smooth

7y

RE: Trending: Does It Matter?Can We Fix It?

Did not see this within the first week so I can't upvote but nice initiative and presentation.

smooth

7y

RE: Quick note on burnpost

Upvoted to unhide.

smooth

7y

RE: STEEM is still not Steemit, even if Tron buys Steemit.

Almost certainly. Good point.

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