RE: HF Proposal: Vote to Reduce Power Down Period to 4 Weeks
Hello dear friend @thecryptodrive.
I have noticed that each tribe has the possibility to configure its shutdown time, as well as the period for the payout and the distribution of the reward percentage.
User reactions and opinions in this regard should be considered and taken into account, for modifications that may be included in the next HF.
A decrease in shutdown time is necessary. In fact, it is a clamor of users for a long time. Then, the opinion of the users should be taken into account.
A strong investor always wants to feel control over their assets. Having his resources dammed for a period of 13 weeks is not attractive to anyone. Then we will find negative reactions and rejection.
Large crypto investors are looking forward to market behavior and enjoy the flexibility of moving their funds at a given time.
The "hacking protection" speech is over.
The possibility that users can withdraw their assets should not cause negative effects on the price of the currency, on the contrary, this would encourage investment, since very few are willing to compromise their assets for the absurd period of 13 weeks.
Those who trust the blockchain steem will always bring their resources back. They can withdraw them, make their investments and bring it back.
All best, Piotr.