RE: Why I won’t be compromising with Justin Sun by nickyhavey

Viewing a response to: @blocktrades/why-i-won-t-be-compromising-with-justin-sun

steem · @nickyhavey · Mar 16 '20

$0.19

Now THAT'S the update right here! 

So will the hard fork/new chain you're proposing effectively work the same as it does now with SP, steem, SBD etc? Or will the dynamics of how that all works change as well?

Just need to plan ahead as I co-run a contest via the current post payout/reward pool mechanics and want to make sure we can keep it running and all-inclusive. Also hoping to bring in a lot more electronic music producers once this dust settles!

If you are going to fork, will there be a whole rebrand/start afresh or is it going to keep the STEEM name?

Sorry, I have been trying to keep up with all that's happened here but I'm a casual user so miss the finer details.

Sounds exciting though!

Nicky

👍 blocktrades

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@blocktrades · Mar 16 '20 (edited)

$0.30

The initial dynamics will be very similar. New token name is Hive.

The only initial tweak will be to a delay on voting power of newly poweredup tokens, to avoid another attack by exchanges (or by someone who hacks an exchange and steals the tokens).

👍 nickyhavey, liondani, lynds, rmach, hashbrownhustla

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@nickyhavey · Mar 16 '20

Sounds great to me! Yep, I think keeping the changes minimal to begin with so there's a "bedding in period" (in terms of how everything works from a casual daily user POV) but adding security to the network in the initial period and then roll out well communicated upgrades as time goes by is the way to do it.

Looking forward to the new chain 🙂

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