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RE: Witnesses. Why haven't you addressed the Steem Dollar peg yet?

in #witness-category7 years ago

There is generally a consensus mechanism which decides on the actual value. I believe in most cases it takes the median of witness values, but the premium works a little differently because it was done in an ad hoc fashion to avoid a hard fork.

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Thanks for the clarification. I'm still going to read about it a bit more, but this makes it a bit clearer.