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RE: Steemit Power Down Proposal

in #steemit2 months ago

Dear Steemit Team,

There are three kinds of lies: lies, damned lies, and statistics.
Mark Twain

Why omitting to say that the number of voters is not balanced at all?

  • HF Proposal: Vote to Reduce Power Down Period to 4 Weeks => 404 supporters
  • HF Proposal: Vote AGAINST Reducing Power Down Period to 4 Weeks => 127 supporters

Another beautiful proof that on Steem only the one who has the most power really counts and that the rest is only a figuration of a semblance of democracy.

There are 1,361,763 accounts on STEEM of which 51,220 were active in January (source), there are 531 supporters (no, I didn't check to see if there were people who upvoted for both).

That mean: (531/51,220)*100 = 1,0367 % of all active accounts expressed themselves, congratulations, this is a great success.

As regards the alternative approach, I have nothing against it since there is no decision making in it but a transfer of the choice to the account holders.

Personally my position would have been more in favour of a delay impacted by the amount of the "Power Down", the bigger it is, the longer it takes. This favours small power down that have less impact on the trading markets than large ones ;)