Palnet Update: Decimal Precision Gone Wild

in #palnet5 years ago

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I just want to give everyone a quick update, Steem Engine had their hardfork and we updated PAL to 3 decimal places of precision shortly after. We expected some visual discrepancies on payouts initially, but expected them to correct within a few minutes to reflect accurately. It's beginning to look like they may be accurate and the rewards pool may have been reset.

I'm waiting to hear from the developers to get firm answers, but I just wanted to let everyone know that we are aware of it and hopefully avoid some of the hysteria that often follows something like this. If this is what happened, then payouts will adjust themselves heavily over the next week and eventually balance out, much like they did the first week. There was a similar issue on STEEM after changing decimal precision in the past and it's likely that's what is going on, but again we're still waiting for confirmation.

Hang in there and please have patience through this hiccup, fixing decimal precision is important to all of us and we'll get things sorted out as soon as possible. Have a great night everyone and look for an update from me or one of the team tomorrow or feel free to hop into Discord and chat with us. Much love.


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Thanks for the update! It was a bit of a morning surprise to see the numbers gone completely wild :p
I'm sure all will be as it should soon. No hysteria here :)

Ooohhh, I do see.... some roller coaster rides... 😄
Hope people don't start throwing up... I got a strong stomach!

It is all for the greater good of the Palnet! Thanks for the update and it has adjusted to normal already!

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Not hysterical. :) Thanks for the update and honesty.

Yes and thanks for the heads up @clayboyn :D the things really happens and it adjust itself up after sometime.

Thanks for the communication.

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At least you guy has fixed the issue and the system need to find balance.

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We welcome the development of PAL and wait patiently;D

Yes, it seems like previous posts had their rewards cancelled. We'll see what happens next :)

That is really great to hear

Thank you @clayboy for the update.....appreciate it!