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RE: Finding Perspective on HF21 -- Actions Speak Louder Than Words

in #hf215 years ago

Just to add, great article. I have written numerous times on these issues, sometimes on my personal blog, but few listen or care, but also in funds such as MAPX and MAPXV where I need to at least estimate the impact post-HF21.

The EIP will achieve none of the aims it claims to set itself. One of the "deafening silence" you mention is that Vandeberg still has not published his third deep dive on that 50% curation rewards - that's only 3 months after the first two and I expect will never be posted. Maybe he actually did the mathematics. Maybe someone did it for him. Perhaps he is now unwilling to share that with others.

Whatever... the whole EIP package will hit the small accounts again. What's the point of on-boarding then? Look at that reward curve carefully and see how low value posts get hammered down even more. This means that a post reward that looks like 50 cents could go down to about 11 cents to the author.

I could go on...

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the biggest outcry will happen after the impact is seen I expect. By then it is too late. Has been pretty much too late from the point when the community actually heard the EIP was being added to HF21. There are some who claim the vote hasn't happened until the witnesses start running the HF, what a crock. The decision was made when Steemit Inc was advised to code it in.

The top 20 own the decision on these changes, not that the smaller stakeholders can do much about that.


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