RE: The New '5 Vote Target' does NOT Reduce Rewards - It Democratises Steemit Curation!!
I also support the change, but not for your reasons. The dev team has consistently left out this fact about the change: the only thing that's changing is that a 100% vote will now be 8 times more powerful than it was before. This uses up your voting power 8 times faster than before; that's why people will run their voting power down faster. If you liked voting the way things were before, just vote at 12% power and absolutely nothing will change.
But this is spectacular! It means that people who have so little SP that they currently can't really earn curation rewards will suddenly have curation rewards opened up to them!
The only reason people are mad is that the dev team are public relations idiots. The announcement should have been: Hardfork inlcudes update that makes minnow votes 8 times more powerful. Then there would have been dancing in the streets instead of pitchforks.
Well said. I've been waiting for someone to say this. Although I think the dev team does this on purpose to create drama and discussion, which ultimately leads to a deeper understanding for early adopters. At least that's what I would do. Who really knows
Hah - I guess that's a fair approach. Could be! It slightly makes me want to fork their code and go start a STEEM clone where things are actually documented.