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RE: HF Proposal: Vote to Reduce Power Down Period to 4 Weeks

in #steemdaolast year

I just launched the Infowars Token tribe and enabled scot and staking and i chose 3 days, 1 period, just like eos, because if i have to rely on some staking period of a month of more then it cant stand on its own too legs :) bitcoin has no staking so 3 days will be fine even , for tribe tokens

steem may need at least 7 days to avoid some sort of gaming i think but yeah well see :) Im hoping for Freemium tribe creation and or ENg proposals on @eosdac dac factory for ENG on EOS soon so we can propose good tribe sand get funding foir it

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I think the ultimate goal would be 7 days but for now I think 4 weeks is a prudent iteration. I woukd also like to see voluntary longer lockups oncase one were to go on holiday and want the security, also not bad to have longer lockups in the face of quantum threat.

I think it would be better to introduce dynamic staking and schedule it for the next hardfork, the one after this next one.

If the ultimate goal is 7 days, what would then be the clear difference between Steem and Steem Power? @thecryptodrive