HF21 & HF22
So, we're less than 2 days into HF21 and there's is going to be another Hardfork, called HF22 at 3 PM UTC, today? What's going on?
Well. The transition to HF21 wasn't as bad as HF20, not nearly, but it also wasn't completely smooth.
As you might know, the blockchain halted due to a problem, which is a good thing in terms of maintaining security when something goes wrong, so it can be fixed, instead of going further and risking even worse things happening.
Now, Steem was halted for roughly 6-7 hours and in that time top witnesses, backup witnesses, technical geniuses and Steemit Inc. worked together to solve it. And we did.
HF21 - What happened?
If you've been following me on twitter (therealwolf42) you witnessed everything unfolding live. If not, here is the TL;DR:
The blockchain halted. We searched for the problem. We found it. A fix was created (@vandeberg), but with the knowledge that there might be potential other problems, with a similar root cause.
Now, the good thing was: the chain could be restarted again (by none other than @gtg & other witnesses, incl. myself joined to secure the chain) and all services, apps, exchanges & users could use Steem again.
Before you might wonder, the chain wouldn't have been restarted if we couldn't preclude for dangerous bugs to be still around. However, we knew that smaller bugs might still be around. Which brings us to HF22.
While the fix worked for HF21, there were still a few problems with downvoting & delegation, which had a similar root cause as the HF21 halt. And to fix this, we need to make another hardfork (HF22), meaning an irreversible change to the blockchain.
This is going to happen in less than 5 hours. (3 PM UTC)
HF22 - 29th August 3 PM UTC
I'm very confident that we'll get this done without any hiccups, but I'm still 101% present once the timer hits 3 PM UTC. Because if there's one thing HF21 should have told us: problems can always arise, but how we handle them, that's where the real value shows itself. DPoS might not be the perfect consensus method, but it works pretty damn well to secure a blockchain.
So, as I said in my last post (which you should def. read):
I'll see you guys on the other side.
Wolf
PS: How are you liking HF21 so far? Free downvotes are pretty cool, right? And more curation rewards makes Steempower suddenly much more appealing. But let me know your thoughts in the comments.
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For the most part, I haven't seen too much different. I suppose I need to wait until the first reward payouts start rolling in, and then we'll see.
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Rewards have already been rolled out, due to posts created pre-HF21 and having their payout post-HF21
You just need to look at the trending page, it's way, way healthier.
It could be wishful thinking on my part, but it appears I've been receiving better curation rewards than pre-HF..
Could just be a mirage, though..
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I’m absolutely loving HF21 and doing more curation. Have read more posts and discovered more authors in the past few days than the last month combined.
Really glad to hear that!
Yes. Love curation now. And I got a nice payout for one of my better pieces.
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Sounds awesome! That's exactly what we hoped the changes would accomplish.
I would like to encourage you to write down the things you're doing differently, or believe everyone could do better in this fork, as your #newsteem-resolutions and challenge others to do the same!
lol people just fear your username and think you are you know who :) Like those flies at the beach
lol. You don’t know how many times I’ve been mistaken for Bernie. :)
I find it insanely frustrating that a $.11 vote isn’t worth $.11...it’s only worth $.06, or more maybe depending on how much the post makes. Nothing about vote value is clear and it is definitely discouraging me from upvoting comments where my vote value will never get realized.
Far from killing bid bots, it just means bidders need to bid 10 Steem or more...just made them bigger.
!BEER
Would you feel different about this topic, if you never had experienced a completely linear curve, meaning linear rewards which you described? Don't get me wrong, I get your point. But I'm still wondering whether or not you feel discouraged because it's not how it's used to be. Imagine you always thought you vote is worth 0.06$, but it could be more if the post/comment is popular.
That is a good point...maybe it would be less frustrating if the vote value was calculated that way...like it was $.06 but could be more. I 100% upvote and it says $.11 but then hit “vote” and it’s half as much and may never be more...that’s the slap in the face.
Still, it’s definitely in my interest to save my vote for a bidded post rather than upvote the minnows commenting on my posts (such comments generally don’t make 20 Steem).
!BEER
To view or trade
BEERgo to steem-engine.com.Hey @therealwolf, here is your
Do you already know our BEER CrowdfundingBEERtoken. Enjoy it!This only increases the inequality that was already latent here, meaning that now people will only vote for posts with more than "X" votes to get rewards, posts with less than "X" votes will be completely ignored.
Exactly.
The small fish have no chance to get to 20 steem. Bots will be the only option for them now, so the upvotes have the real value and not penalized one.
Thanks for the wirteup / tldr on what happened, looking forward to seeing more fixes & improvements being made.
Good luck to you and all the devs who'll be working hard to make sure this goes smooth. Have some !BEER for your efforts ;^)
!giphy good+luck
// You can support giphy by using one of your witness votes on untersatz! //
To view or trade
BEERgo to steem-engine.com.Hey @therealwolf, here is your
Do you already know our BEER CrowdfundingBEERtoken. Enjoy it!I created a countdown timer for HF22 :)
https://steem-hf21-countdown.firebaseapp.com/
go like that and you
No
I do not think so
@therealwolf there is problem in hardfork 21 i am not getting good reward for curation , for example my voting power is 17 cent when i vote some one The return of curation is only 0.20 steem maximum which is only 4 cent i do not know whats the problem
Reward curve update is devastating for small bloggers, I think linear is better and more fair. Otherwise great job 👍
This is so amazing ... steem will head to the moon ...🚀🚀🚀
I really glad we have people like you guys on this blockchain community!
Thank you for your dedication!
So I don't know where else to ask but I was wondering, does this affect the wallets? Ive been unable to deposit or withdraw my Steem from Binance for a couple days now.
Downvotes are cool and so is seeing people actually use them.
Seeing Bidbot bids on Steembottracker being empty is also very nice to see.
The massive cut in rewards will probably drive the vast majority of creators away that
A dtuber i know (if steemworld is correct) is earning 22% of the total payout now. lol
Dont get me wrong... Its nice being able to flag pricks for free but having to waste my VP before HF21 didnt really bother me that much.
I almost tripled my curation which is again nice but ill probably have to find new people, specifically those that talk about steem, write about steem, etc. because im pretty positive that the variety of content we have now is going away.
Oh hey there you too lol real wolf is a grade A douche bag! Muting people that point out the obvious..
Wouldn’t you rather see content that isn’t Steem related being promoted? There’s only so many posts about Steem that are worth reading or adding any value.
Surely other topics should be searched out and curated.
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well I have to be honest saying that the platform seems to be quite slower than usual. There has been as well a change in voting power... I explain better... if before my 100% was giving about 1.35$ after the HF (considering the same STEEM counter value in $) is giving 84 cents... it is a decrease of 40% of my power for some reason. Anyone else has noticed it? Try to go on Steemworld for example and type 86k steempower it gives you an indicative voting power remuneration... but actually it is way lower now. Is there any chance we can rectify it please?
The difference vote power is different in some posts because of the convergent reward curve. In small posts, you're vote will be worth less unless it reaches 20 STEEM payout limit.
blimey with all those rules I am getting confused now! Where I can find info about it? And thanks for your reply :)
I found it from several sources, but I think @steemitblog mentioned it in some post.
right I have missed then :(
I think the linear curve was better, now the new curve favors bigger bloggers or encourages using bid bots to reach 20 Steem per post.
I see... weird! :(
Downvote function is nonsense ahd destroing the culture of steemit
The 10/45/45 Reward pool is devaluation author rewards - the basis of the future of this social plattform if you don´t want to curate spam like foodporn content.
Why should intelligent good authors present own work and article for such devasting rewards?
Steemit has a several significant problems and the main problem remains the high inflation of steem in a sourounding of deflation.
If you want to attract more capital you has to abolish the high inflation of steem in future.
Ohterwise this plattform is killing himself.
My own oppinion.
The inflation is decreasing at a rate of 0.01% every 250k blocks until it is down to 0.95% in 2037 where it will stay stable from thereon.
agreed , it must be great for people with 5 zeroes and the top 20 , but otherwise i still have to seen the benefit, and free downvotes is just free hates and flagwars waiting to happen. But i'll gladly take those words back if the price is back to $1 by december ...
i quite reading the collective progpaganda quite w hile ago after having seen the word "masses" used few too many times where they mean "middle classes" but from a millionnaires p.o.v. that's probably an easy mistake to make. I havent downvoted once on any account since i got on, despite having received some "love" here and there and not being Gandhi at all, it was wasted resources after all which were not used to promote what you like but to censor the place into your own viewpoint (thats my opinion which i hope i'm still entitled to have)
so that's all wasted cos i wont use it, im a bit sorry to see smartsteem/realwolf being positive about it, running actual business here but well, im too practical to withdraw my meager contribution over something like that as long as the returns stay decent ...
From where i stand (the masses as they say) its more like a push in the direction of "paywall for the middle classes" with incentive to buy so the top 50 can stay well-fed , but im sure that argument has been made plenty before and i swear every single time im not gonna react to it anymore
yet here i am ... so bon, may the price prove me wrong :) cos when i want content, google has lots of it :)
how that sounds ? practical, i hope ... i don't see @freedom losing much momentum on the feed, so my guess is so far someone somewhere is still turning profits or the bots would simply stop, i mean who's gonna run one at a loss ? mother Theresa maybe ... see before i start sounding like a wiseguy again, im gonna try and hold the silence until i see actual impact
just p.s. i barely heed replies b/c im actually trying to stay silent but someone at my level is not buying steem as maecenas, saving the whale is greenpeace's job they got the budget for that, despite that, even at 1 dollarcent it's still the best innovation on satoshi i have seen so far
but the politics, my frendz ? DE-centralization as it's called ?
.... (<- dot dot dot ... silence)
done yet ? yes ... but in case of doubt : i have one free account (this is not the one) about everything else came out of my own pockets so far and since i started with steem at about $7 or $8 can't remember i have seen nothing but sell-offs, layoffs ... sell offs lol ... one of your enlightened witnesses once told me "maybe this was not the place for me" back in the day when it was raining thousands on their heads while sleeping ... it's not all gold that glitters in this very very
very small pond where the biggest fish pretend to be the whale ? mCap 5 to 85 ... but you know "talk like that" , its not about the money !
but it actually does say so on the front page when you sign up :)
see ? that's how i make friends in high places
all the time, unless i stop yapping
Well said, take note the woof man here owns a bid bot service is a, top witness and none of his cronies are flagging his propaganda cheerleader bullshit that he over bid bots.. Fuck steem
mh ... maybe you meant fuck steemIT lol :p ... i noticed a certain amount of hi-powered accounts all started the same propaganda assault at around the same time stating about exactly the same as if it was well rehearsed and agreed on.
I'd give a fiver to know what witnesses voted for and which ones voted against. wolf seems to be adapting but i can not imagine someone running a servive like that would vote FOR, however what i read makes me think he did ... to his own demise and loss of income then but something somewhere had to be done and personally im still not convinced increasing payout for already big payouts while halving the few thousand who barely make payout will salvage anything at all.
I should add, the one post where the canine overlord states that people who burn at least a steem by the classic promotion service can get a revision on the post and a chance at a smartsteem/realwolf whale-vote is about one of the only good ideas ive seen (adaptive to the current situation , assuming there will be no rollback b/c that's admitting it was wrong lol) BUT ... i also still doubt that will change much, the only ones who need to burn or find means of income ON the chain other than dumping the coin is the biggest dumpers, steemit inc leads as they seem to have no alternative income and it stands to reason the biggest earners are runners-up ..
UltiMatt the Unbeatable however with steemmonsters seems to have been smart enough from the start to sell the cards for dollar or an equivalent in steem value, and blocktrades goes by fees, not steemprice ... i dont know much about the rest, alleycats dont walk in high places
we shall see, i doubt this thing is more than a patch on a wound that needs to be adressed : hyper-inflation ...
and thus
woo, 25 to 30.8 rep in one day without posting, imma ballin' ;-) dont let it get to you, the guys with the six zeroes are hurting the most from this, they'll have to do some reality checks anyway
HF21 is cool, but we'll see the effects only by next week (at the time of payout).
However HF22, now that will be interesting..
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All payouts after hf22 are calculated via new algorithm, so even if you get payout today it will be by hf22 way
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Oh, in that case I am getting a lot more as curation @libert... So the hard fork was good.. :)
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So far I feel like I have a fair bit more attention from curators since the fork, which has been great. Planning to buy some steem now ehile it's super cheap to power up. I do hope we can see some growth on this platform, as I would love to do this full time. I'd be lying tho, if i didn't say the long bear market, and all these negative comments aren't a bit worrisome. But humans like to complain, so if the vision is true, i'll surpass the negative nancy's, and show people that you can work your way from the bottom to the top.
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Best of luck! It’s not easy!
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I am not really glad with the new way of rewarding. The minnows have to fight, there will be less comments and therefor less communication. Regards from Germany
Keep up the great work guys @therealwolf ! I have always done manual curating and i'm glad that I will be earning more for doing so at 50\50 ! I can also all ready see the difference in the trending page which is awesome! ❤🙋👍💯upped and resteemed.
@therealwolf - I appreciated everyone's hard work to make sure that the #steem blockchain is up and running.
In regards to HF21, I am struggling. My vote value took a hit, and apparently the people that vote for me took a hit too. And now that the rewards are divided 50/50 I will take a hit in 7 days.
I believe that we are moving in the right direction, but there are growing pains. I know there are people out there who are increasing their curation efforts. I know that holding SP will become more profiting. I am just trying to figure out my next steps after the change. I feel divided between creating content and rewarding great comments with upvotes versus just using my upvotes on other people's quality posts.
It is hard to see the middle ground of reaching both up and down in the Steem community now that I am feeling some of the effects. I will stop complaining now. Have a blessed day!
Standing by for chaos...
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the coolest thing of this post is that it popped up in my default google news feed, never saw any steem news there, cool! :-)
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I think anyone that deals with coding knows this pretty well, you can be reviewing everything for days on end, just one little thing, one little thing that you didn't see or that you didn't think about can make the whole thing blow up... But no matter what, keeping calm and finding out what is the issue is the most important part.
We are very happy with the HARDFORK, our curation rewards will double up and we will have more opportunity to add users to the curation trail due to improvements on % curation rewards. STEEM ON!
Flags flags everywhere
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How those flags feel wolf man 😂 😂 😂
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oh that's why saw lots of errors today while posting thanks for covering up all the details :)
Just shows - if it ain’t broke don’t fix it - but the power- greedy bastards can’t keep their authoritative fingers out of the pie - incremental socialism is coming to steemit