Do you all remember Hard Fork 20? It was a complete goat f*ck. Witnesses did NOT do their job ensuring that the system was protected. All ability to post was wiped out for most accounts. The sudden shift to Resource Credits left a lot of smaller accounts without the ability to do anything even after things were restored over a week later.
I agree that the transition should have been more smoothly, but the blatant attack on witnesses not doing their job is wrong. Did anybody lose their account? Did anybody lose their assets? Was the blockchain under attack No!
The only thing that happened was that the new system had to find equilibrium - for a week or two. There are far worse things that can happen after an HF.
It's your decision to dwell over the past, instead of moving on and using the energy for more productive tasks, but this won't make Steem any better.
And regarding the question, if this is going to be a coke-moment: I'd say you're creating a lot of unn. FUD. 50/50 is fairer than 75/50. Will it result in more curation? Highly likely. Will it result in people preferring to powering-up instead of powering-down? Also highly likely. And will it result in authors leaving Steem? Maybe. MEOS is by far a much bigger threat IMO. (which is why we need to get things done already, instead of just talking endlessly) But sure free-flying authors that just want to earn, without giving something back and powering up, could leave. But I'd argue that stakeholders leaving because the incentives just aren't there, is far worse for the platform.
I lol'd at this. Yeah, reading a 20 minute article is worth the same as the author who spent hours researching and putting it all together. NOT
I will run that by some of my favorite authors and see if they feel like giving me a cut of their royalties.
I hope you enjoy your payouts made with author rewards.
Was there much risk involved, writing content on Steem?
I can give you the answer right now: absolutely not. Curators aren't just paid for the actual curation, but for their 13 weeks stake lockup as well. If you don't understand that, then I don't know.
Of course I am cashing out. You forgot the screen shots where I was crazy enough to put money in. Rut roh I commented again. Of course it was valued much more then than it is now, due to the constant milking from those who now want more for their holdings.
Speaking of milking, have you done the math yet on how this will benefit your vote selling business yet?