We had Hardfork 19 so when the hardfork 20 is coming and what are the changes? Hardfork 19 unsuccessful.

in hardfork •  7 years ago 

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You may have you own opinion, but i have mine and i believe its right one. Hardfork 19 is a complete failure.At the first few days it seemed to be alright to be able to write post and even if no one upvotes you, still i get $0.15 just from my own upvote.

While the days passed i kept writing new posts every day. Some of them better then the other's, but being dedicated and believe in what you are doing pays you off in the long run.Does not after hardfork 19, i honestly can say was doing way better on Hf 18.

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Not just that nobody upvotes no one, since i suppose they saving voting power for them self or just don't want to give pennies to other then them self.This made people go desperate and start upvoting there own comments and posts with full voting power. Why is that? Well its obvious since you spend a lot of time writing a post and nobody even reads it, the feeling that you deserved it kicks in. And that's where most of the self upvotes come.
Not saying that there aren't ones that just abuse the system purely for profit. Really investing 10k steem and making around $30 a day for self upvote sound profitable is it not?

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Now a lot of discussions started what's wrong with Hf 19 i would like to find out steemit future. Is there a hf 20 ready and when its expected to be approved.What actually going to be changed in Hf 20, this will let people to see more further then tomorrow.

If anyone has any info about Hf 20 please share it, or if by a chance there is a post about it could you please drop a link in comments.

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HF20 is in the works, and is mostly about paving the way for growth.

I completely agree with you about HF19. The bulk of the problem isn't that rewards are being calculated linearly, rather than exponentially (this is a good thing), but that VP decays 400% faster.

We can only cast 10 votes a day before our VP begins to decay, so most people have got in the habit of simply not voting. This kills curation, and that kills Steemit.

@liberosist proposed reversing the decay curve, so that we'd get about 100 votes at full power, and then it would rapidly decline. Since bots can vote thousands of times a day, this would cause bots to be restricted to what people can do curating, but also let people vote for the content they like again.

Since there are 10 times more posts now than there were when HF19 was first being discussed, just how cutting the number of votes by 400% would affect Steemit was underestimated by 1000%. This is a major problem - much worse than exponential VP weighting, because it affects everyone, no matter how small their vote is.

Exponential weighting most affected whales, because math, and this was a bad thing, because it emphasized unfairness, which people really don't like. Curation is crashing, and this is debasing Steemit, and particularly new accounts, who are trying to build networks, which they need to do by commenting and voting.

If they can't vote, and they can't get folks to reciprocate by voting their posts, then they're going nowhere, and that's discouraging.

I'd say HF20 needs to fix VP decay more than anything else. I have noted elsewhere that Steemit, like people, only gets one chance to make a first impression, and if people get frustrated because they can't get votes on their posts and comments, they'll give up.

Most will never look back, even if HF21 fixes things perfectly. So, we need to fix VP decay before we onboard a bunch of new people, or we're going to blow many of those new people off, and that will really hurt Steemit's growth.

HF20 is about things that need to happen, but the changes to how new accounts are funded, and etc., aren't going to help if those people can't get votes.

Thanks for keeping this topic front and center, because it's more important to be ready to grow, than it is to start growing, whether Steemit is ready to grow or not.

  ·  7 years ago (edited)

I honestly do not see any problem at all in VP droping now faster as it used to be before HF19. Why one can not select the smaller % of his VP? Do it mostly with 1%, and you can have up to 1000 upvotes in one day , until it drops to 80% .
Not enough?
Go to ESTEEM app, there you can select as low as 0.01% - so you get 100000 upvotes per day.

WHERE is the problem?

Am I missing something?
What I do not understand?
Can any one explain to me

I disagree completely
HF 19 was a resounding success

I agree with you @everittmickey. Allthoug I dont get much votes. But looking at the bigger picture I think we on the right way.

thank you.

lol even nobody read this you are so right my friend, hf20 will be more focused on new account creation as i read yesterday, there was not mentioned anything about voting system i think

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You're in good company, @ats-david is also saying this.

I think rolling back to HF 18 is certainly an option, and preferable to doing nothing about self voting and the vote hoarding people are doing.

Can someone kindly simplify the meaning of a hardfork please

  ·  7 years ago (edited)

It's a fancy for word for system update, i.e. all nodes (servers) must update with the new protocols.

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