How Would The HF21 Benefit Steemians In The #NewSteem?

in #threespeak5 years ago (edited)

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Hi Steemians!, in this video I talked about the announcement of #HF21 updates count down 27th August 2019 by Steemitblog, and the reactions from the Steemians.

To some steemians, it a thorn on their flesh, and others it is like victory to their winning team.

But in all, the most important thing is to grasp what this HF21 is here to give to us. Let's note some cogent points raised concerning the announcement of HF21 by #steemitblog:

  1. 50%:50% split of rewards between the #Authors and the #Curators. This is a plus to both the Author and the Curator. Since the Curator rewards will keep multiplying if he curates more posts. On the other hand, the Author will also achieve much if he creates more contents or posts. So it will tend to balance the system in the #NewSteem Ecosystem.

  2. The HF21 for the #NewSteem will improve good content of posts. As #downvote pool is added to be able to downvote low quality posts. This will also tend to diminish or subside the size of low quality posts and wipe away their rewards, hence the system will be sanitized and free of chaff.

Many thanks to steemit team who have shown a lot during the testnet of this HF21 and to many stakeholders backing steemit block chain. I also thank my steem achievers who have also reacted positively to this HF21 Announcement: @aggroed, @yabapmatt, @theycallmedan and many other steemians and communities.

Watch more in this video and let's wait for the countdown on 27-08-2019. Thank you, @oppongk- #3Speak!


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I disagree with you as this decision not only harms newcomers but could be the beginning of the end of steemit! the authors at the end will earn less no matter if the content is of quality.

new users can not be expert authors as the final consequence will withdraw from the platform and fewer users will affect the value of the steem because the value of it depends on the transactions and the trust your users have in that currency.

who decides which post is quality a user can create a content in which it takes 20 hours and consider that its content is quality but that does not mean that other users believe the same!

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