> After testing on a testnet ..

Testnet will go live, I guess, after 25. August.
Leaving a month time for testing.
Even in a good test environment, with test cases and such, this is a very narrow time window.

And I also agree, let's have all the features crammed into one HF.
What should one do, that likes only 50% of the changes?
Or 75%..and really hates the other 25% of the new features..

resteemed.

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totally agreed to what you have said.
it gives a strange sensation to me that reducing the 20 seconds to 3 is really seen as a improvement. 
And i really dont know why this account creation has to go such strange ways ...
HF20 is really not what I thought it would be ...
Kind regards
Jan

Still that community hardfork and that smt thing right?

SMTs

*<sub>that's right, I went there</sub>*

Interesting summary and points!  I just got around to reading the release notes and am still digesting.
This review of the HF seemed very balanced and fair with good and bad points.

Thank you for the information you provided.

I agree with pretty much everything you said here.  A few comments though.

> I do, however, have a major issue with the SBD conversion function being taken off of the flagship site, steemit.com.

This was done to prevent users from using it unknowingly when SBD is above $1 USD and losing money.  Perhaps a warning popup while it is over $1 USD would been better option, but users would still do it anyway unaware of the loses in some cases significant.  In fact 20,000 SBD was converted at ~$7 USD SBD price, for a great loss and the main reason this was changed.

While SBD is near $1 now, I don't think it is pegged and just following Steem which is also near $1.  Even now using the conversion would be a bad financial move as you would lose about 3% right now, and likely more over a 3.5 period.  But I do agree the lack of this functionality from the web UI is not good.  It is still possible though if you are technically inclined.

> 20-second comment limit reduced to 3 seconds

The core idea behind this change is no legitimate user should be throttled under "normal" and "reasonable" use.  I have hit this 20-second limit many times.  I read relatively fast but not a super speed reader or anything and I can hit this limit going through comments and commenting one interesting ones.  It doesn't happen a ton, enough that I get frustrated, but I have run into it.  I hope the RC changes will curb the ability to abuse this but I have a feeling it won't be a positive change in the end.

> With a seven-day payout and a lack of voting and engagement on older posts, I would rather see a cool-down period of 3.5 days. 

I honestly would like to see longer payout window.  At least as an option for some forms of content.  I am a big believer in evergreen content, content you put a lot of time into (video, tutorials, web shows, high-quality content) that is referenced and engaged on for weeks or months later should be able to be rewarded.   I have tutorial/information posts that are 6-8 months old I still frequently get comments on thanking me for a helpful post.  But I am more concerned with things like Web Shows, high production tv like video content, development projects, and other similar forms of content.  Some of these have extremely high labor requirements to produce and it is difficult to justify when you have a small window you can be rewarded for it.  Many YouTube channels depend on monetization on videos that get paid out for years.  The payout wouldn't be a single payout, but something like a weekly payout.  To do this though would require major improvements in discoverability.  I'd add though most content on Steem wouldn't deserve a long payout window so there is that.

I would have liked to see more big improvements for 1.5+ years of work and I agree would like to see more hardforks and fewer changes in each.  It becomes you like this and this but not that but you got to take 20 changes along with it.

Things can change substantially when looking at them on paper than when they are actually implemented, testnet will give us a more precise feel regarding the HF20 changes.
*All rewards from this comment will go to charity*

Pretty solid summary!

I like the discounted account system if that means the steemit sign up process can be improved and is faster for new users. I also like the burning of sign up fees. 

Resource credits are what I am really looking forward to.

A good review you have made and the H20 will bring features to enhance account creation, control ressources and better curation reward.

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I am not sure what would be a solution to improving the sign-up process both for steemit and for DApps that would _not_ add an extra layer or introduce a new system. So I would not use that argument against it.

For me, having the ability to sign up a thousand users on my own every day without a significant cost is the most important change I need to work independently with Steem. It doesn't really matter much to me how it is done as long as there is some scarcity to it that gives DApps the incentive to give accounts to users who will actually add something of value rather than at will.

thanks for explaining this in a way even a pleb like me could understand. @themarkymark too.

smart cookie
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What do you think of the blockchain selling sbd?
Instead of burning the steem in a conversion, using the proceeds to replace/augment normal inflation.
During times the debt limit is hit the steem could be burned to push up its price.
A multiday average would serve to quell abuse/manipulation.

My contention is that 1b sbd will not exist any time soon with the current inflation rate.
We barely have enough sbd to pay a semipro hockey team with none left over for tshirt sales, let alone replace a significant portion of usd/euro.

By selling sbd for 1usd of steem the peg is prevented from going up.
No demand means no sales, so the normal inflation would be the bottom.

By putting the proceeds into the normal inflation payouts, sp holders, witnesses, and authors benefit from the added cashflow, while it lasts.

Great update worthy of a upvote and resteem! Thanks!👌👍✌

I agree that changes should be voted on in a more line by line basis. It is the biggest inefficiency in the US government today. Laws being thousands of pages long and stuffed with special earmarks just to get a basic thing everyone agrees upon changed. I guess this is what you get when policymakers say I will vote for this if you add what I want too.

but in these proposals I see nothing against the thefts of votes and accounts on steemit!
Honestly, 10 or 20 seconds for the comments ... I do not care.

Thanks for the thorough review. 

All in all, I feel like Steem,Inc does not make changes to improve the uses interactions here. I use to spend so much more time here before, reading, writing, commenting, interacting... But now...

I don't know where Steem is headed but at some point the focus wshould be placed on the users and not on the tech. It should be fun and entertaining to come here. It is not the case anymore.

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20 sec comment limit is annoying. It gives blogger doubles to reply comments, but does little to prevent spamming. Spamming bot can spam once every minute. 
A better way to limit spamming is leaky bucket, but a hard coded 20 second limit

So, am I correct in saying that new accounts will not have enough SP/RC to make a post unless they purchase said SP?

Lol, no one read this post before HF20.

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