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RE: Steemit Power Down Proposal

in #steemit2 months ago

Sounds good, for the safety of the account owners funds I'd recommend the minimum to be 4 weeks but I wouldn't be against raising the maximum to more than 13 weeks with this new proposal. Will be interesting to see what others think about giving accounts settling for 6-12 months powerdowns the current max inflation though, I think they'd deem it unfair when they now are receiving max inflation at 13 weeks but it's definitely going to be an interesting discussion.

grabs popcorn

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My primary consideration regarding utility of vesting is security, although that may be dismissed as due to my personal experience, and lack of interest in economic factors. I do not see more than a marginal benefit to security arising from extending the powerdown period. Certainly, I do not see that investing the resources requisite to effecting such changes as reasonable considering the extant market.

I reckon devs have more pressing concerns, as should we all. I agree with others that this post is a necessary reaction to misapprehending investment of nescient parties, and maintaining focus on existing development priorities should continue.

Thanks!