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RE: Important Notification

in #steem8 years ago (edited)

we should also have been informed that we would suffer a sizeable loss in our potential payouts.

Payouts aren't paid out until they hit your account. Therefore, reductions in those amounts prior to payout aren't a loss.

The community can and should expect tweaks to rewards algorithms in the future. These are announced to the entire community, approved by witnesses, with full source code published and available for review by anyone, well before any changes take effect. These changes have been discussed extensively in the community for several weeks, and are required for the long-term scalability of the platform.

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Payouts aren't paid out until they hit your account. Therefore, reductions in those amounts prior to payout aren't a loss.

I understand that, hence why I said a loss in potential payouts. The overwhelming majority of those potential payouts would have translated into actual payouts.

This is irrelevant anyway. I said that I don't mind investing in the future of the platform. My problem is that we were not informed this would happen so that we might have had an opportunity to prepare for it accordingly. You can say that we discussed the changes extensively over the past week, and you would be correct. But, that's all the more reason that the ramifications of those changes should also have been brought up-- which they were not. The community's confusion yesterday is testament to that.

I really do not appreciate this comment you have sent me. Rather than a simple gesture of Steemit inc's willingness to be more forthcoming in future, you instead thought it best to float some technicality as a defense to an issue I already said I could deal with.

Furthermore, you address the real issue of a lack of communication by stating we can all go and read the source code? Not all of us can understand that shit, and you know it. This looks shady as fuck that you expect the community to find out important shit through reading a source code rather than a simple post from the dev team.

Great job at restoring my faith in you guys with that helpful comment.