RE: My Take on the New "EIP" Hardfork 21 Announcement

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I found luke-stokes recent post about how he's been demoted from 2 to 19 in the witness rankings. He's undecided about HF21 - he doesn't say it, but it looks like a clear cut case of whale collaboration to out him and get in someone else who'll vote for the change. He's had some huge names unvote his witness recently.

Interesting conspiracy, but most def. not. What you're doing here is acting as if the proposed HF is somehow only valuable for whales on Steem and thus looking for clues which support this theory. However, you're missing that whales are the ones staked in this system, which means they (normally) want it to succeed, increasing their investment. And not like the last year, losing in valuation constantly. Which is why many of them looked for delegations/vote-selling in order to at least make some of the lost money back. Otherwise, they could just sell and buy into another currency.

I'm 100% sure I won't be gaining anything from these changes, standing still is about the best I can hope for. If my rewards reduce even by 20% it wouldn't be worth my carrying on posting, I'll just go passive.

I'm sure you mean that, but I'd say that's a ridiculous statement. If you're producing good content and are actively curating, you should be happy about the coming changes. Otherwise, you can switch to Wordpress, where your revenue will be prob. far, far less than what you're currently making.

But let's see, shall we?

@remind-me in 2 months



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I'll happily eat my words if HF21 results in quality content from all levels account getting duly reward - but my suspicion is that Whales who vote each other are just going to end up with higher rewards on their average content and at my level we'll just all get less, all irrespective of quality.

BTW I already earn 10* through WordPress than I do here! That's where I put all my pro-standard content which drives traffic to my resource sales and revision webinars.

Steem doesn't offer me the functionality i need for main business. Anything I earn on here for my personal posts is a bonus.

Whatever the changes, I'll adapt. I'm quite good at curation so that might not be a bad thing for me.

It'll be interesting to see the comparison 2 months down the line.

What are your metrics for measuring a successful hardfork?

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