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Powerdowns

rasberrypi

Published: 16 Mar 2020 › Updated: 16 Mar 2020Powerdowns

Powerdowns

The powerdown of 13 weeks is an absurd feature of the Steem Blockchain. No other meaningful chain has this mechanism. It could have been useful to reduce the liquid STEEM in the market.

Is there enough liquid STEEM in the market ?

The answer is yes and the quicker powerdowns will just bring more businesses to Steem blockchain.

The bid bots on the chain was the most used applications and they used make money. Bidbot runners were the kings on the chain and we need normal witnesses.

Thus we support decreasing the powerdowns to 3 days or less.

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programming/freedombox/C/Python/NodeJS

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