I have to agree, great post indeed. As a newbie myself any information like this is GOLD!
Now, from the info I've gathered, the Powering Down process USED TO TAKE 2 years, however it has since then lowered to exactly 3 months, so probably the source from where @sasha.shade got it was a bit old.
The reason why that happened was because nobody found Steem Coins or Steem Power interesting if they had it locked for 2 years, and all the hype that was created when Steemit released dropped close to 0, look at the historic data charts of STEEM coin, you'll see.
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You are correct lifewithcrypto i have confirmed that it was indeed formerly 104 and is now 13. Thanks for helping me to keep the content as accurate as possible!
https://steemit.com/faq.html#What_is_powering_up_and_down
Here it is @sasha.shade right from our FAQ page. Other users can confirm that Powering Down takes 3 months as well, there's no doubt in that.
Unfortunately the post where I actually learned about the change, and about the reason behind it I am unable to find at this time. Hope this helps
Thanks @lifewithcrypto i continued doing more research as well and found the official statement on the steemitblog with the proposed update. I have confirmed with 100% certainty now that it used to be 2 years or 104 weeks and is now 3 months or 13 weeks.
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