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RE: Let's Fork // HF21- What To Expect

in #normietalk5 years ago

But what will us normal users have to actually do tomorrow?

  • Vote like crazy till that vote meter is all te way down to 40% or 20% maybe. HF20 locked us out pretty long, If something like that happens, you'll regret not having voted before the HF,
  • Start a full power down. Again, if a lock out happens, you won't be able to, and if things go bad, you want your first powerdown to be quick to the market. Either the regular market or the one for scot tokens.
  • Optionally: remove your witness votes. Especialy the top 20 votes. This is the time our Witnesses need to prove themselves. If HF21 locks us out because they fuck up, you won't be able to remove your vote, so it makes sense to temporary remove it and restore that vote if the witnesses make this a close to seamless transition.

Oh, as for waiting this one out. The unchanged dust treshold is going to take time to sink in. Most of the real drama is likely to happen after people adjust to the new reality. Social interaction for minnows and red fish and holding stake for minnows and dolphins is going to lose most of its economic value. Both these facts, when they sink in could d(and likely will) drive funds and social interaction to other places. I hope it will be Scot tribes, but it could as well be the bid bot economy. This HF is as likely to hurt true curration and hurt it badly by driving small stake holders to delegate to and use bid bots, as it is to aid it by driving small stake to a scot tribe. It will take time to see what happens. But if there is going to be real drama om that side of things, it won't be for a few weeks.

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I actually pushed for a change in the dust threshold and believe it can be implemented if needed on the future code change. We don’t exactly know what this will look like.. so while I could make a post that rages on about how much I don’t like some of this or be very dramatic with doom and gloom, I don’t see how that would be beneficial.. as I don’t know what this will look like. I’d prefer to wait and see before I get the pitchforks and start screaming (I’ve don’t plenty of that in private 😉).

As far as your guide of what you think users should do, I disagree but to each their own. Many steps have been taken to ensure this fork goes more smoothly than the last, again we will have to wait and see on that. I’ve been removing witness votes for months though and I suggest everyone make those decisions wisely.

But to go into full panic mode and dump everything seems quite silly.. I mean even the “apocalypse” of HF20 meant some people went 2 days at most without being able to transact.. you make it seem like you lost your life savings and were locked out of your account.

I understand the concern and I actually agree with some of it.. I’m just handling it in a more logical way imo.

I’ll be here to help anyway I can during and after, it’s the best I can do.

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