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RE: Why Implementing A Two-Way Conversion SBD Hard Peg Makes Zero Sense

in #sbd7 years ago

I don't know if it will iron itself out in the future, but I don't see a good reason for us to be ironing it out ourselves forcefully keeping in mind the chance of disastrous consequences.

The Steem blockchain is a bit like a bank. Most of the Steem is locked up in Steem Power but if we introduce instability and turmoil, if enough people start powering down, the whole thing could easily go crashing down. And if we introduce enough instability and uncertainly by making huge changes to the rules, that is not an unlikely scenario.