I understand it a little bit better, I see that line now! It's kinda hard to grasp with the return proposal and all. Is the return proposal just like voting NO? Why don't they just make it simple vote YES or NO instead of calling it a return proposal? Return proposal sounds so abstract. I still don't totally grasp the system but i did vote on something before, and that's the main thing right?How do you track the ongoing proposals and such? Could someone scam the SPS system, get money and not do anything??? Like a George Castanza SPS? lol Who's watching? These are my questions that come to the top of my head after watching your video.
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Then return proposal sets the minimum bar a project must cross to get funded. How would you decide the minimum bar in a yes/no voting system?
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We’ll I didn’t totally understand that part, so that’s why I asked! Thanks for clarifying!! I don’t know, that’s a good question! I think I was playing hooky that day when the post explaining everything came out! lo that’s why I don’t ask questions a lot, you all are rocket scientists, can be intimidating! 🙏👍👍
I only use the SteemPeak interface for it, but you can see active, upcoming, etc. proposals.
In theory, yes. Say, if 20M SP worth of stake want to collude to extract funds, they could. But, it becomes a rather pricey endeavor. As of now, only STINC could cheat with impunity, but that will tank the price quicker than it's going right now.
Don't you find it ironic that whom you're having this conversation with is being downvoted by the OP? AS IF...
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I'm not the one that talks to himself.
Thanks for the info! I get it now!!👍🤙🤙