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RE: The STEEM "Shilling" Contest (Round 2) - 300 STEEM in prizes!!

in #steem6 years ago

There is nothing preventing it from a technical perspective. The system uses a 3.5 day median of the price feeds for all calculations, so if a group of witnesses decided to try and do something that was not in the best interest of the stakeholders/network, then the stakeholders would be able to vote them out.

FYI, STEEM is not limited like BTC. The inflation rate will continue to go down over the next ~19-20 years, but it will never reach zero. (More details are in the bluepaper/whitepaper.)

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Okay, I will study the blue and white paper closer...Thank you again for being patient @timcliff... If you have time, check out this post on an idea for an interesting feature for steemit:

https://steemit.com/steemit/@friendly-fenix/proposal-of-features-for-steemit-difficulty-levels

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