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RE: Announcing Steem 0.14.4 . Shared DB Preview Release

in #steem8 years ago

I have a very grave concern about changing the vested withdrawal rate.. Essentially, SP balances represent debt in the same manner as SBD... There has been a lot of concern raised about the debt load of SBD, but a meaningful change in the SP withdaw period would present a much greater problem.

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The only purpose for a long 2 year withdraw period is to prevent the highly inflated steem to be dumped on the market, if you remove the inflation ( which is totally unnecessary I might add) the lock time period could be 48h and the price of steem wouldn't be impacted at all.

would present a much greater problem

What did you have in mind?

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