RE: Hardfork 21 is HAPPENING. What will change?

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Hardfork 21 is HAPPENING. What will change?

in hf21 •  6 years ago 

So, i can choose if i want the new "update" on August 27th?
And the old model runs parallel with the new one?
Doesn't this policy create a whole lotta >20Steem content
"ass lickers" (excuse my language), instead of "pushing"
the small accounts to create for themselves?
Like this you don't reward content quality automatically,
like this you reward big accounts...
Hmmm..? I don't know...

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The old model will not run in parallel unless someone decides to fork the blockchain and run the old code. All top witnesses have signaled they plan to run the new code.

Personally I believe it is just a matter of when a forking of the blockchain will happen. I am a firm believer in folks doing whatever they want with their stake in STEEM even if they take it and run. Not too long ago there were veiled threats along these lines by a number of witnesses.

The elephant in the room is ethical behavior. I have been on this platform for two years now. I base my views on the behavior of those on this platform. Like many, I have opinions which change from time to time based on the more I learn. I have seen extortion, bribery, and just plain nastiness.

Why people do what they do? I don't know, yet I have seen some very bad actors on this platform from Whales down to Redfish. Some may see me as a bad actor as well, it is all about perception.

No one on this platform has all the answers. I have seen those that cry, Reward Pool Rape and yet their behavior does exactly that, through self-upvotes on their own comments and such. @jerrybanfield actually made an educational video some time back exactly how to effectively rape the reward pool through the use of sockpuppet accounts.

Decentralized? Technically, yes. In practice no. This has never been a decentralized platform in the truest sense. It is an oligarchy (like the majority of social constructs), period. Not a democracy.

Their will be a fork in the near future. I am sure of it. The foundations are being laid as we comment here. Do I have an answer? No, as I am just an imperfect person with limited intellect. I do have some suggestions though...

  • Mute spammers
  • Boycott bidbots
  • Stake Steem
  • Pay attention to witnesses and vote
  • Align with those that share our sense of ethical behavior

We shall see what this HF brings. There are other options out there and many of us have gone there (remember the Exodus to WEKU during HF20?).

Maybe the impending fork will be called STEEM Cash. 🤣

Amen! 👍

Ok, got it.
Could you please have a look at this:
https://steemit.com/steemit/@luca1777/blocktrades-is-this-request-consent-normal
This happened the last time i wanted to buy SP...
Attack?

Sure, I replied on the post.

Thank you, if everything is fixed now i will
try it soon.

I think i will remove Witness votes then

Use @tcpolymath as your witness proxy if you oppose hf21

Posted using Partiko Android

Will do thx for info

I don't like the free downvotes addition. However, I can understand the strategy behind the 20 STEEM change. If you think about Youtube, before you can earn any profit from their built-in ad revenue system you have to build up a large enough following first, and if a particular video is interesting to a wide audience it will go viral.

In essence, they are trying to re-engineer the mechanics of Steem to reward viral content. Once something catches on enough to hit that 20 STEEM point there should be a snowball effect that drives it well beyond 20 STEEM. It is an interesting idea, but it is also an experiment. This could go very well or very poorly.

The free downvotes feature does have some interesting effects as well. If enough people truly do hate bidbots, they could theoretically downvote them out of the market. This new change will force bidbots to obtain more of their earnings from curation rewards rather than from upvote fees. So, while in the current state bidbotted content getting a downvote is a loss only for the buyer and not the bot service, now the bidbot service and the content producer will have more aligned interests with regard to downvotes. A potential side-effect might be bidbots utilizing their free votes to retaliate against downvoters on their customers. So, really, we have no idea what will happen here...

However, I can understand the strategy behind the 20 STEEM change. If you think about Youtube, before you can earn any profit

The bar is too high to reach unless you've already bought into the system. Posting a random essay on Steemit will get maybe 20 upvotes and 2.5 STEEM from random people if the content is exceptional. And probably 1 or 2 upvotes for moderate to poor content.

The only way to reach 20 STEEM is to already have the upvotes lined up before posting. I've watched this happen in real time on the Steem Blockchain. A user sends off payments to voting bots, then posts. The votes come in, the post pulls in a 20 to 50 STEEM.

However, in many cases, that 20 to 50 STEEM reward was purchased with about 20 to 50 STEEM. So, what's the point?

Just remove the bid bots and curation timing rewards from the code. Problem solved. The good content will get upvoted by actual humans reading and upvoting.

I agree. Like e.g. 5 Steem would have been enough.
Steemit Inc. and everybody working there, plus all the witnesses
should only check one result:
0,16 €
These are the fruits of your labor. It is what it is.
I entered March/April 2018 with 1 Steem= 2,12 €
...thinking that was low, when i heard about the
"golden days" with 1 Steem over 5.-€
Dan Larimers philosophy was "non-violence" in any form.
Are we still on track..?
We will see...