thanks i now know about steem power :) but still dont see why we have steem and steem dollars its not pegged any more to 1 usd so it is pointless having it only need sp and 1 other.
You are viewing a single comment's thread from:
thanks i now know about steem power :) but still dont see why we have steem and steem dollars its not pegged any more to 1 usd so it is pointless having it only need sp and 1 other.
We are trying to bring the peg back, but witnesses have the tools to push the peg up if SBD goes down, but don't have the correct tools to push it down if it goes up.
ic, why did they remove it to begin with
They didn't remove it, STEEM and SBD got listed on a Korean exchange and laymen with no experience in STEEM fomo'd (fear of missing out) and bought SBD instead of the core token STEEM which caused it to moon. Ever since it hasn't quite been the same.
Do you think that this will be solved with the next hardfork?
No, there is nothing in the next hard fork that will influence SBD price or give us witnesses more tools to do that. The next hard fork hasn't been finalized and may change.