RE: The Problem with Steemit. Could be another UASF / UAHF in the making

You are viewing a single comment's thread from:

The Problem with Steemit. Could be another UASF / UAHF in the making

in steemit •  8 years ago 

I don't think you understand quite how the Steem blockchain works... It runs on a Delegated Proof Of Stake, not Proof Of Work. Its governance model is consensus based which means the top 19 witnesses would have to agree to a fork in order for it to happen and that's why it's important to vote for the right witness. There is no need to speed anything up since Steem's transaction speed is 3 seconds. As for spam, that is why we have the flagging system.

steemit
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2 votes
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    Touche.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00