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RE: Blockchain Update 2: HF20 Progress & Bandwidth Changes

in #bandwidth • 6 years ago

There's no competition. Decay had been discussed for HF16, but I believe it has security risks involved. Either way, it needs some solution, witnesses are doing nothing for Steem right now.

I would also recommend cutting the witness voting to 5 witnesses. There's no reason to vote for 30 witnesses; it'll force people to think and vote for the very best witnesses.

6 years ago in #bandwidth by
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     6 years ago 

    Cutting to 5-10 votes would also limit collusion/friend possibilities to lock up the top 20-30 positions.

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     6 years ago 

    I agree with you almost completely about the witnesses.

    Will the change in rewards be retroactive?
    If I just got 2 big votes immediately after posting comments, and HF20 will be enacted in less than 7 days, will it mean that the votes that I got will be returned to the reward pool?

    What is the 15 minutes instead of 30 minutes and what is a reverse auction?