You are viewing a single comment's thread from:
RE: Reversing the power-down-delay to a power-up-delay.
Love you mug! I think this has already been accomplished with the reduced inflation. Although I totally agree that quality content and quality curation should be our primary objectives, increased participation is 'currently' the primary necessity. To attract bees we need to use honey ... we can bring them in with the desire for riches, once they are here the community will fine-tune them, re-orienting them toward more long-term considerations. Racing after money is also a great innovation catalyst .. fueling this kind of competition will also produce the quality projects needed to attract the millions we need to take over THE WORLD!
I think it is important to encourage rational participation over short-sighted vote buying participation. Not sure why you think changes to inflation has done much to move us closer to that ideal. Voting power is "honey". There is a sense of accomplishment powering up if it takes time and patience instead of feeling trapped and locked in when powered up. It needs to be desirable to power up.
Perhaps I do not fully understand how this would be put into practice. Do you mean that someone could not come in and drop $20 k to purchase a tonne of SP, as we have seen done a few times of late. Would you suggest throttling a person's ability to accumulate SP .. ie. from curation + only a certain amount within a certain timeframe?
It would work just like now. The delay associated with getting your liquid STEEM out of the SP would just be changed to a delay getting in to SP. You can still buy and sell as much liquid STEEM as you like.
interesting!
Great idea, please repost this idea buty with a current 13 week power up/down process, I think we do need the cool heads to prevail
Powering Down instantly is a great idea Steem needs to hear about, and having tyo wait 13 weeks to power up keeps a lot of bad actors out of steem!
Also we would be able to power down curation instantly