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RE: Reversing the power-down-delay to a power-up-delay.

in #steemit8 years ago (edited)

Perhaps I do not fully understand how this would be put into practice. Do you mean that someone could not come in and drop $20 k to purchase a tonne of SP, as we have seen done a few times of late. Would you suggest throttling a person's ability to accumulate SP .. ie. from curation + only a certain amount within a certain timeframe?

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It would work just like now. The delay associated with getting your liquid STEEM out of the SP would just be changed to a delay getting in to SP. You can still buy and sell as much liquid STEEM as you like.

interesting!

Great idea, please repost this idea buty with a current 13 week power up/down process, I think we do need the cool heads to prevail

Powering Down instantly is a great idea Steem needs to hear about, and having tyo wait 13 weeks to power up keeps a lot of bad actors out of steem!

Also we would be able to power down curation instantly