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RE: SBD Potato: Peg Repair Community Initiative

in #steem5 years ago (edited)

I don't think it is useful to dwell on what should have been done. We all have ideas of things which should have been done differently around here, at least I do.

To be clear, I don't think this is an amazing 'solution' but I consider it a fair alternative/complement to burnpost (also a band aid) as a way to keep (or at least reduce) rewards from being dumped on the market, as well as address some of the internal imbalances, while potentially channeling some of those imbalances back into platform value.

I also don't think it makes much if any difference to what might or might not get implemented in the blockchain in months or years, but I understand where you are coming from in not supporting band aid approaches. That is fair.

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We do have to learn from our past mistakes (or inactions) if we hope to improve going forward. Nobody likes to hear "I told you so" but if that's what's needed to learn the lession then it has to be said and pointed out.

I'm also not saying I don't support the idea of the SBD Potato. I was happy to see this post on the topic - I upvoted and resteemed it too - but lets acknowledge what it really is. It's a band-aid solution that does not address the core issue that has brought us to this situation. Band-aid solutions don't solve anything in the long run.

Absolutely agree re. band aid.

I also agree it’s a band-aid @smooth, it’s what we have atm and is better than nothing. It can be a precursor to a longer-term solution.

Hi @buggedout

What do you think about sbdpotato now? 3 months later? I'm just learning about this project and I would like to hear your opinion.

Cheers, Piotr

I haven't been following it closely. Been meaning to do some analysis on it but haven't got around to it yet. I still support the idea of fixing the peg.

Hi again @buggedout

Can I ask you for little favour? I joined contest called "Community of the week" with project I manage and I would be grateful if you could RESTEEM it and help me get some exposure and drop some encouraging comment :)

Link to my post: on steemit or on steempeak

Thanks :)
Yours, Piotr

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