RE: Steem Blockchain PowerDown 1 Week
Hi dear @ciska, it is an interesting topic, reading your post I agree with your explanation . 13 weeks was real really too long, 4 weeks is Ok, but having the opportunity of 1 week is very attractable.
When we talk about bigger investors, we have to make it attractive:
First Steem blockchain is attractive as it allows the investment to grow even with simple upvotes using autobots, manual upvotes that will let them to earn without much work.
The time when they need urgently some of the invested Steem or maybe everything then knowing that it is only one week time make Steem attractive too.
At the moment there are Steem, Hive and Blurt are similar platforms, but one of the attractive difference for Steem is short Power Down.
As to hackers, there is always a risk of it, while people have invested something in Steem they must be aware at least every two days to check it. Another option while logging into Steemworld there is a warning if Power Down started. Maybe our developer could create a notification email that will let the users know that there is PD started on their account.
Cheers, @stef1
Hey hunny! Thank you so much for coming here and taking the time to reply!
You are absolutely right. Steem has a unique feature and is one of the highest yield tokens since 2016. In this space, we are like Bitcoin. There is a reason Steem once was third in the world based on market cap.
Investors, traders, yield farmers, but also the regular johnandjanedoe wants to be able to access their funds quickly.
They are copies of us, so they are similar indeed :) I really feel that all decisions and code changes done in the past need to be looked at with new eyes. We can make it attractive again, and differentiate ourself from our copycats.
I know that @justyy has a tool that sends him emails in case there is something with his witness node. Maybe he or @steemchiller know a way we can automatically notify our users if a powerdown is initiated? I see the big red bar on steemworld.org which is very nice!
Thanks Stef! XXX
Thanks and appreciated your effort.