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RE: Does the 13 week powerdown period prevent investing in STEEM?

in #steem5 years ago

I feel like it needs to be dropped down by a lot. EOS set industry standard to 3 days, and we are wayyyy higher than that.

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The "industry standard" has led EOS to be in a position where exchanges can (and have) used their customers funds to have a monopoly of the top witness positions. For this reason Dan Larimer himself is proposing to have multiple staking pools, the longest one being 10 years.