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RE: Blockchain Update 3: Hardfork 20 and Release 19.4 – AppBase, StatsD, and RocksDB

in #steem6 years ago (edited)

WOAHHHHH

Fix for End of Payout Period Downvote Abuse
In Hardfork 17, a change was implemented to prevent upvote abuse by creating a twelve-hour “lock out” period at the end of a post’s payout period. During this time, users are no longer allowed to upvote the post, but they can downvote.
This change opened an avenue for abuse, where a user could downvote a post during this period with no opportunity for stakeholders to negate the downvote by adding additional upvotes.
Hardfork 20 will change this “lock out” period to a “cool down.” During the last 12 hours of a post or comment payout period, upvotes and downvotes will still be allowed, but their strength (for the same amount of voting power) will decrease linearly from 100% to 0% over that 12-hour period.
In other words, it will take twice as much voting power to have the same impact on a post’s payout if the vote is done with only six hours left on the payout window instead of twelve. A downvote cast in the last minute would have virtually no impact.
This change has not been implemented yet, but we have decided to include it in the hardfork, and are tracking the progress here

YES YES YES downvote abuse is over now flagging posts at the last 12 hours is now not going to work unless you REALLY want to spend money flagging hahahahaha YES

I hope this news goes out and more news about HF20 so we can get steem price up! we need steem whales to feel like they need to be buying more steem again!

DONT LET EOS TAKE THE MEAT FROM OUR MOUTH, DO NOT LET EOS DRAG US INTO THE JAWS OF DEFEAT,

STEEM STILL HAS A CHANCE just like COke and Pepsi both live, just like att and verizon both make money,

as @surfyogi said

I agree EOS will take the lead in many ways very quickly, and in price, has already done so.. but STEEM is application specific and good for people and communities, traditional blogging, vlogging, etc.
EOS is generic Enterprise Computing Operating System that will set the stage for a new era of "Blockchain does everything better".
The fact that STEEM won't migrate to EOS, shows it is application specific in design.

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Glad to hear Zach agrees, or I would definitely "hear about it" ;-)