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RE: Analysis of the SAVINGS feature

in #utopian-io6 years ago

Hi @lokomotion, again a high quality analysis!
I must admit, I never used the savings feature myself and I'm not sure I'd trust steemit with an account recovery within 3 days. But this may be different for high-stake accounts. The savings feature can provide additional security for exchanges, but it also reduces their ability to instantly react on larger withdrawal requests. Your analysis shows that they apparently seem to weight the liquidity aspect higher.
I like the predictions and I'm looking forward to the "something" about to happen in 1-2 months :)

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@crokkon, thanks a lot for that final conclusion. In these moments of krypto-purge the important thing is not to disappear. In Steem we are fortunate to be able to contribute instead of just waiting as in other krypto- tribes.

Thank you for your review, @crokkon!

So far this week you've reviewed 3 contributions. Keep up the good work!