Hardfork Problems - Calculations - Failure - 594
Hardfork 21 is HAPPENING. What will change?
"Rewards
The rewards curve is changing. We expect posts that would make more than 20 STEEM under the old rules to earn more after the changes. Those posts that would have made less than 20 STEEM under the old rules will receive less after the changes."
In addition right now authors get 75% of a post reward but that will go down to 50% but some authors will also be losing 10% of rewards due to the new pool that I think is for development?
There will probably also be a lot more f****ing going on which I think is a net negative for the Steem blockchain.
I thought this post was interesting although mainly from a visual perspective.
Complete guide to understand rewards in HF21 [Part 1] - Part 2
I think the hardfork will end up putting the Steem blockchain more at risk for failure. I do think it will survive and thrive someday but I think the next year could be rough.
Friday 8-23
#king
1080.078 SP
1852 VP
Hardforks ........
From bad to worse ....
I think blogs like yours will be hit hard.
I agree but as the saying goes .... it is what it is.
I was planning on spending less time on here anyways. This hardfork only makes it easier for me to do so.
I'm going a few days on holiday. But after that, I'm going to push the message that everyone removes witness support.
Yeah I don't understand why they are approving this change. Hopefully they switch back when Steem hits 10 cents.
There's more in it for the curators. Not everyone should be posting anyways. Time to reward the readers more.
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Yes, rich readers will get more. Hooray for them!
0.004 by March IF Steemit survives that long.
I think you're way to bearish. Seems like there should be strong support at 10 cents and 5 cents. I was gonna buy at 10 cents but now I am thinking 5 cents.
Wait until 1¢ by December just to be safe.
I definitely don't get it but it is what it is, they so far have failed to learn from their past mistakes, until that happens I guess they will continue on a downward spiral.
/ᐠ.ᴗ.ᐟ\