My concern goes beyond the 'bear' market. Our coin market cap rank has dropped significantly, and it seems to be continuing to go in the downward direction. In terms of the conversations that I have with existing and potentially new stakeholders - there is little reason for people to invest in STEEM at this point.
Is there any plans afoot to promote the heck out of the new FCAS score?... that moved us from what D to A? Puts us 12th in their ranking.
Would seem cause to shift the needle on reason to invest. Without some waving the flag on that move it wont even get noticed.
but I see the risk of waiting to fix our broken economy until after SMTs are done a much more significant risk.
Maybe that needs to be explained a bit more? I don't necessarily agree there is a broken economy. But, what is the relevance of making the changes before SMTs?
I'm seeing references to the testnet not being up and working. Is the testnet going to be functioning and running for at least a month before the HF as I've seen talked about? To avoid the mess of HF20?
There is already good contributors heading for the door. Anything even looking like the mess of HF20 will send more in the same direction.
I doubt it. Marketing is one of the things we really need to improve on. Hoping that the SPS will provide some means of funding for this type of thing.
Probably.. I'm not really looking to get into a long drawn out debate on the topic though. How many authors do you know can come to Steem and earn by posting quality content and adding value? Do the economics that are in place incentivize people to buy more STEEM? Do the economics that are in place encourage new users to stay engaged with the platform long term?
Them getting done before 2050 (somewhat sarcastic, but basically you get the point).
There is a testnet. It has been up and down as they have been making final tweaks, but the plan is to allow testing for at least 30 days prior to the actual HF.
Understood. I can't guarantee that there won't be some growing pains as we make the shift, but the goal is to try and make things better.
@elipowell just answered that in the Witness Forum.. .they are planning to start a blitz about the FCAS tomorrow (Monday) morning.
I am willing to have a bit more faith in them coming out with the SMTs sooner than later as they have been making a lot more progress in the last 6 months than the previous 2 years.
Same. I have gone from hopeful pessimism to cautious optimism ;)
Even with that though, I don’t expect SMTs to be live on the mainnet for at least six months.