Great write up. Human witnesses were doing better, but a large collective of mostly Korean steemians took the opportunity to make some demands. They want to get rid of downvoting and drastically shorten powerdowns, among other things.
They've allowed those 7 in the top 20; but for the time being, they hold the balance of power.
Justin is under most pressure to break the deadlock. He doesn't have the numbers to push through his hardfork (I don't think he has the coders either); and the exchanges who powered up to unfreeze the ninjamine stake, are going to be breathing down his neck, to have him do whatever it takes to get their customers' STEEM powered down quickly.
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Yes, just been reading that post. Disappointing.
I do hope that those that advocate for a shortened powerdown are enabled to realize that a) such will not affect investment, which does not powerup to speculate on price, and b) reducing powerdown time dramatically reduces security by enabling hackers to more quickly take SP from accounts they have taken control of.
IMHO, only hackers or folks intent on malicious actions on Steem have any reason to promote reduced powerdown time.
Thanks!
I'd go back to 104 weeks, in a heartbeat.