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RE: HF Proposal: Vote to Reduce Power Down Period to 4 Weeks

in #steemdao4 years ago (edited)

Way too complicated IMO. Just not worth even close to that level of mechanism for something (lock up) that is very minor to the platform overall.

If someone were building a system like Steem today it would not have 13 week lockup and certainly would not have the 2 year lockup that was originally there (and for which reducing to 13 weeks was proposed as a compromise). It would probably have a few days to possibly a few weeks of lockup, or maybe none.

These were experimental ideas, worth a try, but really did not demonstrate any clear benefits, did not catch on more broadly, and should be left behind.