The March To NewSteem... AUG 27th

in #busy7 years ago

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Whether you were for it or against it the Hardfork is coming!

While I suppose it is possible that the Witnesses will not drop it, two of the top 20 are already running the new code and if 17 have started running it on Aug 27th it will be live.

What's New?

SPS: A Stakedriven community fund for projects that are beneficial to the Steem blockchain.

EIP: A change in financial incentives meant to encourage more curation and less self-upvoting

Six Minute Curation Windows: It is my opinion this works better with natural use. As you scroll through your feed if you want to upvote something, you don't have to worry about coming back in 15 minutes. (Yes, it will be gamed everything is)

What Does All This Mean?

While no one knows for sure what impact these changes will have, and I personally was for some and opposed to others, I'm just expecting it to be #NewSteem. It's kind of exciting that we have no idea how that will settle out. I was getting pretty bored of OldSteem.

Here are some just for fun predictions:

  • I expect the see the return of curation trails (possibly both up and downvotes)
  • I expect to see less self voting
  • I expect to see more downvotes, both vindictive and curation
  • I expect to see a bit of DRAMA and then a return to a new normal.
  • I expect some will be shocked by the decrease in the value of our outgoing votes at first, but if behavior adjusts that could change as well.
  • I expect we will see many posts about downvoting as we adjust to the new tools.

Most who have autovoters running will need to update some setting and maybe they will also change some things around.

What I am really excited about is the flexibility Tribes are providing for communities that would like to have their own financial incentives and it seems that even before the HF tribes have made curation cool again. :)

These changes are big enough to shift everything! Are you ready?

NewSteem

@whatsup

Sort:  

@whatsup,
Honestly less time to curation for the vote, this might be a positive thing for all of us! And yeah I think your
!dramatoken
will get more attention with the upcoming changes!
$trdo

Cheers~

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I expect some will be shocked by the decrease in the value of our outgoing votes at first

How come? Because of the 50 - 50 implementation our vote value will decrease?

When you vote you are distributing Author rewards.

10% of Author Rewards have been reallocated to the SPS.
Plus 50/50, so yeah outgoing votes are going to look like they are worth much less. Some will earn it back in cuation rewards, but not everyone.

That SPS....I'll just kill it here...

:) Very NewSteem

it will not come fast enough :)

Let’s see what happens, preparing myself for the next few weeks 🤑

Posted using Partiko iOS

There’s going to be lots of butt hurt but it will even out in time.

Posted using Partiko iOS

Well, or it will be too great and will be the final nail in the coffin for the platform! But hey I don't wanna cause any dRama now do I @whatsup! ;D

My only concern is if it brings more users or not

Not sure why it would bring more users. Seems more likely for more to leave, or become inactive.

We will have to see the effects. There may be some unintended not predicted consequences, as with every major change.

I agree, I'm expecting something unexpected for sure.

i've noticed, perhaps in response to the coming hardforks, group voting trails for individual tokens that autovote everything for the tag curation reward, group vote their bloggers in that tag (usually low level posts i wouldnt give the time of day), then pay out the delegators with a portion of rewards. in a sense, and of course my opinion, a form of self voting and farming. the hard fork isnt even here yet and already people are managing a work around.

I would love to see curation trails back :)

Thanks! Yeah I have more time now to start blogging and curating again. I figured this is a good time to start again like the last time the STEEM price went down to 7 cents :P

https://discord.gg/bF5MYh

Stop in and say hi if you like! :) I'll be gone most of the day tomorrow, but back after that

I'll try stop by. I'm barely on Discord anymore though.

I wanna see the future! And only more growth!

Steem on!

And more drama the better!

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