I have talked to a lot of stakeholders about their concerns for Steem. One of the things that has come up a lot is the fact that we are too dependent on Steemit, Inc. to develop hardforks and other significant changes to the Steem blockchain. This creates a few problems: - If for any reason Steemit, Inc. were to up-and-disappear, there would a very large void to fill as far as continuing the development of the blockchain. - If the community really wants a change to be made, but Steemit, Inc. does not see it as a priority, then we don't really have any good options to make the change happen. Steemit, Inc. is a very important stakeholder and participant in our ecosystem, but they are not the _only_ stakeholder/participant. The community should not have to rely on them to do 100% of the blockchain development, nor should we expect that they are going to work on every change we want them to (unless they agree that it is a priority). The best solution to this problem (IMO) is to get more talented community developers working on changes to the Steem blockchain code. This is where I come in :) I have been spending a lot of time learning how the Steem blockchain code works, and have have been figuring out how to develop changes for the blockchain. Today, I submitted my first pull request to implement a change as part of hardfork 20! (Details below.)  # My views on community developers I do want to make it clear, that I do not see myself (or other community developers) becoming a _replacement_ for what the Steemit, Inc. developers are doing (at least anytime soon). I fully expect that that they continue to be one of the major contributors to the code for the foreseeable future. Since they are still the ones who are doing most of the work on the blockchain code, my goal is to work _with them_ as much as possible. My plan is to work on changes that add value _in addition_ to whatever they are doing. Part of this includes trying to develop my changes in such a way that causes the least amount of disruption to the changes that are already in progress. Over time, I hope to increase my skills, so I can work on more complicated changes. After I become more proficient, I also plan to write a 'blockchain development tips guide' for other developers who are interested in learning to do this as well. Where I see this heading is that a situation where the Steemit developers and community developers are co-existing and both making positive contributions to the Steem blockchain code. # SBD Print Rate Change As many people know, SBD has been trading above $1 USD for quite some time now. There are a lot of theories on this, but basically what it boils down to is that there is more demand for SBD than there is supply. One of the things that is contributing to that, is that the way the SBD print rate works. If an author chooses 50/50 rewards on their post, they get 50% of the post as SP, and the other 50% as "liquid payout". For the liquid payout, this typically comes in the form of SBD, but not always.. Currently the rules are: - When the STEEM/SBD debt ratio is between 0% and 2%: The blockchain pays the liquid portion as`0% STEEM, 100% SBD`. - When the STEEM/SBD debt ratio is between 2% and 5%: The liquid portion of the payout linearly changes from `0% STEEM, 100% SBD` to `100% STEEM, 0% SBD`. - When the STEEM/SBD debt ratio is greater than 5%: The blockchain pays the liquid portion as`100% STEEM, 0% SBD`. Because of this, when the debt ratio is above 2%, we are currently printing _less_ SBD **even though there is still clearly enough demand for SBD to support the peg at/above $1 USD**. This also puts unnecessary **downward** pressure on STEEM, because we are adding additional STEEM supply to the market, even though we could still be paying authors in SBD. I submitted [pull request 2503](https://github.com/steemit/steem/pull/2503) to include a change in HF 20 that updates the rules to: - When the STEEM/SBD debt ratio is between **0% and 9%**: The blockchain pays the liquid portion as`0% STEEM, 100% SBD`. - When the STEEM/SBD debt ratio is between **9% and 10%**: The liquid portion of the payout linearly changes from `0% STEEM, 100% SBD` to `100% STEEM, 0% SBD`. - When the STEEM/SBD debt ratio is greater than **10%**: The blockchain pays the liquid portion as`100% STEEM, 0% SBD`. This will accomplish two things during times when the debt ratio is between 2% and 9%: - There will be less STEEM printed, which means less downward pressure on STEEM whenever SBD is still trading above $1 USD. - There will be more SBD put in the hands of Steemians. # When will these changes take effect? It is important to make clear that even though I have done the _development_ for these changes, **they will not take effect unless they are accepted by a super-majority (17/21) of the witnesses**. Also, because my PR is attempting to merge these changes as part of HF 20 (which Steemit is developing) - it will still be up to Steemit, Inc. as far as whether or not to accept these changes as part of the hardfork and merge them into the "official" repository. I plan to do my best to work with the appropriate parties to try and get the changes accepted and into production. Please be aware though - **there is no guarantee they will**. # What's next? Next I plan to begin working on changes for [issue 2022](https://github.com/steemit/steem/issues/2022). This will update the beneficiaries payout logic to pay beneficiaries using the same payout option that the author selected, rather than always defaulting to 100% SP. There are more details in the GitHub issue for those who are interested. As mentioned above, I am also collecting a list of "lessons learned" through this whole process, so I can put together a tips guide for other developers who are interested in working on similar changes. I have a few ideas for changes that I will work on next, but I will wait to share more details on them until I get more input from stakeholders and am ready to take them up.
| author | timcliff |
|---|---|
| permlink | i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate |
| category | steem |
| json_metadata | {"tags":["steem","sbd","dev","steemdev","hf20"],"image":["https://cdn.steemitimages.com/DQmcLq2McMBcnmFQL6wzD67oYe8EL2bVS9irx94GhL6qL3C/image.png"],"links":["https://github.com/steemit/steem/pull/2503","https://github.com/steemit/steem/issues/2022"],"app":"steemit/0.1","format":"markdown"} |
| created | 2018-05-28 19:57:00 |
| last_update | 2018-05-28 20:09:24 |
| depth | 0 |
| children | 197 |
| last_payout | 2018-06-04 19:57:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 306.683 HBD |
| curator_payout_value | 88.980 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 6,134 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,164,525 |
| net_rshares | 97,978,085,305,761 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| blocktrades | 0 | 51,464,522,237,276 | 100% | ||
| pharesim | 0 | 162,551,671,861 | 0.75% | ||
| troglodactyl | 0 | 1,755,434,609,200 | 100% | ||
| tombstone | 0 | 5,545,506,888,651 | 25% | ||
| ajvest | 0 | 127,276,208,604 | 80% | ||
| bue | 0 | 28,129,916,296 | 100% | ||
| benjojo | 0 | 17,684,546,361 | 100% | ||
| teamsteem | 0 | 2,738,235,904,578 | 50% | ||
| dan-atstarlite | 0 | 661,758,726,750 | 100% | ||
| tosch | 0 | 77,994,918,300 | 7% | ||
| murh | 0 | 3,173,460,710 | 100% | ||
| gniewomir-sotel | 0 | 2,480,007,587 | 100% | ||
| leprechaun | 0 | 8,802,111,443 | 100% | ||
| hien-tran | 0 | 2,683,172,594 | 100% | ||
| givemeyoursteem | 0 | 2,850,730,211 | 11% | ||
| intelliguy | 0 | 71,584,246,867 | 100% | ||
| kenny-crane | 0 | 91,760,366,807 | 24% | ||
| kaylinart | 0 | 666,958,420,625 | 100% | ||
| mark-waser | 0 | 35,735,324,804 | 25% | ||
| geoffrey | 0 | 1,850,434,940,555 | 100% | ||
| lukestokes | 0 | 2,557,091,383,687 | 100% | ||
| mauricemikkers | 0 | 667,784,484 | 100% | ||
| bacchist | 0 | 5,576,496,547 | 100% | ||
| stealthtrader | 0 | 25,105,846,754 | 100% | ||
| ausbitbank | 0 | 6,629,678,083,377 | 100% | ||
| dogguy | 0 | 211,053,331 | 100% | ||
| biophil | 0 | 50,367,709,040 | 100% | ||
| senseiteekay | 0 | 4,375,935,032 | 100% | ||
| igster | 0 | 10,652,662,759 | 5% | ||
| transisto | 0 | 30,271,590,158 | 100% | ||
| karenmckersie | 0 | 8,985,747,174 | 51% | ||
| inertia | 0 | 2,137,407,628,621 | 100% | ||
| liberosist | 0 | 361,167,032,316 | 100% | ||
| deanliu | 0 | 126,844,195,680 | 10% | ||
| mondeja | 0 | 7,641,907,815 | 100% | ||
| alsprinting | 0 | 7,391,464,890 | 50% | ||
| roundoar03 | 0 | 6,838,962,682 | 100% | ||
| daynewright | 0 | 8,138,822,108 | 50% | ||
| ace108 | 0 | 310,961,221,796 | 25% | ||
| youngkim | 0 | 27,162,932,048 | 80% | ||
| fabien | 0 | 1,730,216,950,486 | 100% | ||
| kaykunoichi | 0 | 13,131,062,756 | 46% | ||
| laoyao | 0 | 3,599,003,099 | 10% | ||
| somebody | 0 | 132,420,024,358 | 10% | ||
| toxic | 0 | 154,406,784 | 100% | ||
| k4r1nn | 0 | 192,931,163,827 | 100% | ||
| midnightoil | 0 | 12,835,818,471 | 10% | ||
| brian-rhodes | 0 | 283,440,055,218 | 100% | ||
| stephen.king989 | 0 | 36,298,963,463 | 25% | ||
| xiaohui | 0 | 72,495,085,634 | 10% | ||
| oflyhigh | 0 | 250,550,351,449 | 10% | ||
| xiaokongcom | 0 | 743,349,780 | 10% | ||
| scaredycatguide | 0 | 15,150,901,928 | 20% | ||
| fingolfin | 0 | 69,680,261,793 | 100% | ||
| yulan | 0 | 1,510,648,838 | 10% | ||
| sc-steemit | 0 | 2,284,314,194 | 15% | ||
| chinadaily | 0 | 26,982,540,526 | 10% | ||
| helene | 0 | 72,348,173,066 | 10% | ||
| virtualgrowth | 0 | 35,260,725,256 | 100% | ||
| gammagooblin | 0 | 30,285,636,445 | 100% | ||
| kafkanarchy84 | 0 | 177,431,196,025 | 100% | ||
| samstonehill | 0 | 16,758,542,289 | 30% | ||
| protegeaa | 0 | 259,597,546,028 | 100% | ||
| ethansteem | 0 | 19,793,506,609 | 10% | ||
| andrewawerdna | 0 | 420,617,365 | 100% | ||
| albensilverberg | 0 | 106,798,980 | 100% | ||
| etcmike | 0 | 21,271,108,292 | 10% | ||
| jlufer | 0 | 14,051,366,468 | 50% | ||
| davidjkelley | 0 | 1,789,709,086 | 25% | ||
| aggroed | 0 | 174,420,076,448 | 100% | ||
| digital-wisdom | 0 | 19,631,984,895 | 25% | ||
| ethical-ai | 0 | 6,467,992,931 | 25% | ||
| jwaser | 0 | 7,533,609,476 | 25% | ||
| kyusho | 0 | 9,963,852,985 | 5% | ||
| the-ego-is-you | 0 | 17,076,634,447 | 100% | ||
| bwaser | 0 | 51,722,768 | 25% | ||
| bobbythegreat | 0 | 170,435,025 | 100% | ||
| whatsup | 0 | 103,910,032,418 | 33% | ||
| tarekadam | 0 | 752,700,904,387 | 100% | ||
| ellepdub | 0 | 564,194,471 | 25% | ||
| herpetologyguy | 0 | 69,998,710,093 | 25% | ||
| drac59 | 0 | 6,579,850,098 | 100% | ||
| meerkat | 0 | 2,621,314,520,694 | 100% | ||
| lloyddavis | 0 | 3,115,435,703 | 5% | ||
| timbot606 | 0 | 327,766,339 | 2% | ||
| handyman | 0 | 51,961,489 | 25% | ||
| strong-ai | 0 | 5,494,828,648 | 25% | ||
| ninkhisibir | 0 | 42,543,513,981 | 100% | ||
| olesya1989 | 0 | 267,321,392 | 100% | ||
| lydon.sipe | 0 | 41,483,892,792 | 30.84% | ||
| freiheit50 | 0 | 151,314,485,532 | 100% | ||
| barton26 | 0 | 7,454,337,189 | 100% | ||
| redes | 0 | 979,421,633,222 | 20% | ||
| lalala | 0 | 9,666,149,548 | 10% | ||
| garethnelsonuk | 0 | 865,416,793 | 100% | ||
| thejohalfiles | 0 | 244,270,129,301 | 100% | ||
| ebryans | 0 | 813,414,437 | 100% | ||
| judasp | 0 | 182,157,560,953 | 100% | ||
| jamzed | 0 | 24,642,731,046 | 100% | ||
| whatageek | 0 | 211,595,418,957 | 25% | ||
| edb | 0 | 18,651,309,976 | 70.5% | ||
| jeezzle | 0 | 4,276,066,078 | 1% | ||
| devilwsy | 0 | 226,878,929 | 10% | ||
| janiceting | 0 | 226,657,643 | 10% | ||
| technoprogressiv | 0 | 4,166,394,520 | 25% | ||
| wagnertamanaha | 0 | 4,256,927,511 | 34% | ||
| guttormf | 0 | 343,688,528 | 100% | ||
| tarotbyfergus | 0 | 32,479,918,395 | 100% | ||
| steemcake | 0 | 3,263,477,046 | 100% | ||
| valth | 0 | 76,852,821,894 | 48% | ||
| estaterrestre | 0 | 2,714,813,997 | 15% | ||
| jesuke | 0 | 679,113,182 | 100% | ||
| rm802 | 0 | 4,862,793,300 | 100% | ||
| azazqwe | 0 | 887,022,765 | 100% | ||
| leongkhan | 0 | 475,119,241,302 | 50% | ||
| dragon40 | 0 | 474,585,115 | 2% | ||
| personz | 0 | 22,178,036,945 | 100% | ||
| adialam | 0 | 1,412,619,182 | 100% | ||
| blackbunny | 0 | 8,911,848,571 | 10% | ||
| sahara | 0 | 54,312,540 | 100% | ||
| distantsignal | 0 | 46,213,198,217 | 100% | ||
| elgeko | 0 | 155,869,165,032 | 100% | ||
| dovetail | 0 | 2,217,494,763 | 100% | ||
| azlicr | 0 | 4,052,280,587 | 100% | ||
| javirid | 0 | 3,984,567,082 | 100% | ||
| davidgermano | 0 | 18,560,909,474 | 100% | ||
| lingfei | 0 | 5,918,267,460 | 10% | ||
| tarazkp | 0 | 232,492,760,692 | 16% | ||
| zephyraijunzo | 0 | 67,373,143,763 | 100% | ||
| lances | 0 | 4,612,867,169 | 100% | ||
| azfix | 0 | 27,806,812,207 | 48% | ||
| gric | 0 | 84,552,170,993 | 100% | ||
| altafalazzam | 0 | 4,187,395,762 | 100% | ||
| maryfavour | 0 | 150,166,437,505 | 40% | ||
| pouchon | 0 | 21,094,432,687 | 5% | ||
| borislavzlatanov | 0 | 8,203,991,662 | 100% | ||
| emonandels | 0 | 937,077,276 | 100% | ||
| preparedwombat | 0 | 22,738,704,102 | 42% | ||
| icybc | 0 | 973,159,655 | 7% | ||
| freebornsociety | 0 | 441,800,185 | 1% | ||
| jakechalmers | 0 | 25,498,902,791 | 100% | ||
| prakashghai | 0 | 55,311,498,521 | 100% | ||
| daudimitch | 0 | 20,763,263,954 | 100% | ||
| tbnfl4sun | 0 | 9,667,487,520 | 10% | ||
| moksamol | 0 | 21,108,900,894 | 100% | ||
| imperfect-one | 0 | 55,577,813,358 | 100% | ||
| andy2007 | 0 | 611,115,055 | 100% | ||
| bloom | 0 | 390,315,757,210 | 100% | ||
| mes | 0 | 230,808,454,599 | 100% | ||
| emcvay | 0 | 176,875,545 | 10% | ||
| gclipse | 0 | 1,670,532,563 | 100% | ||
| akrid | 0 | 42,725,318,057 | 100% | ||
| myelaineous | 0 | 800,396,651 | 100% | ||
| ak892n | 0 | 2,474,532,430 | 100% | ||
| whatamidoing | 0 | 11,961,981,634 | 31% | ||
| jraysteem | 0 | 14,542,714,594 | 100% | ||
| cryptocat | 0 | 54,341,573,223 | 100% | ||
| enginewitty | 0 | 6,581,410,434 | 100% | ||
| jagged | 0 | 2,571,430,772 | 100% | ||
| newprepper | 0 | 489,604,571 | 100% | ||
| wthomas | 0 | 2,657,580,301 | 10% | ||
| jerrybanfield | 0 | 1,711,336,017,170 | 10.74% | ||
| followbtcnews | 0 | 843,092,255,582 | 100% | ||
| andybets | 0 | 24,878,987,054 | 100% | ||
| roomservice | 0 | 569,377,013,474 | 100% | ||
| jkkim | 0 | 65,049,662 | 10% | ||
| cryptoeconomist | 0 | 610,232,272 | 100% | ||
| charles1 | 0 | 29,494,362,079 | 30% | ||
| odic3o1 | 0 | 866,104,148 | 100% | ||
| jimsparkle | 0 | 599,605,975 | 100% | ||
| scooter77 | 0 | 11,532,995,242 | 52% | ||
| introvert-dime | 0 | 514,646,082,768 | 100% | ||
| berlinmoonlight | 0 | 469,194,163 | 100% | ||
| dehenne | 0 | 2,984,208,083 | 100% | ||
| whipped-cream | 0 | 451,579,764 | 50% | ||
| exec | 0 | 8,519,289,192 | 10% | ||
| eval | 0 | 81,590,097 | 10% | ||
| enjar | 0 | 14,306,978,514 | 60% | ||
| mahdiyari | 0 | 99,061,044,951 | 100% | ||
| gokulnk | 0 | 20,423,331,898 | 100% | ||
| cryptotem | 0 | 7,754,832,557 | 16% | ||
| drakos | 0 | 2,086,691,771,707 | 100% | ||
| hueso | 0 | 23,525,261,874 | 100% | ||
| xxcynicalkidxx | 0 | 207,639,023 | 50% | ||
| kondor1030 | 0 | 82,961,834,443 | 100% | ||
| gpenco | 0 | 12,735,311,014 | 100% | ||
| ragepeanut | 0 | 31,386,140,792 | 100% | ||
| erickpinos | 0 | 50,157,739,958 | 100% | ||
| tradfursten | 0 | 116,848,322 | 100% | ||
| luigi-tecnologo | 0 | 9,673,895,622 | 50% | ||
| funnyfaces | 0 | 2,284,823,090 | 100% | ||
| hope-on-fire | 0 | 2,198,699,599 | 100% | ||
| shahriarsust | 0 | 549,351,358 | 90% | ||
| synrg | 0 | 39,341,170,850 | 100% | ||
| jhunferrer | 0 | 478,900,100 | 100% | ||
| honourmaus | 0 | 2,083,231,501 | 10% | ||
| zinmintun | 0 | 305,234,287 | 50% | ||
| beccadeals | 0 | 4,100,360,814 | 100% | ||
| jonasthomas | 0 | 1,960,274,634 | 100% | ||
| justdentist | 0 | 21,680,240,889 | 35% | ||
| techtek | 0 | 32,667,404,885 | 100% | ||
| bronevik | 0 | 129,298,548,926 | 24% | ||
| davidalexander | 0 | 1,397,554,051 | 100% | ||
| commbank | 0 | 439,481,086 | 72% | ||
| debraycodes | 0 | 3,138,956,991 | 100% | ||
| gurb | 0 | 537,396,589 | 100% | ||
| dodybireuen | 0 | 5,857,245,920 | 100% | ||
| gregvence | 0 | 656,612,304 | 100% | ||
| zeugen | 0 | 2,724,546,301 | 100% | ||
| iskandarishak | 0 | 1,557,967,568 | 100% | ||
| steemmillionaire | 0 | 6,286,767,735 | 30% | ||
| inzouikroft | 0 | 401,102,016 | 100% | ||
| benjy87 | 0 | 791,055,642 | 100% | ||
| landonator | 0 | 1,125,521,661 | 12.5% | ||
| jamesbarraclough | 0 | 669,714,673 | 100% | ||
| magnat | 0 | 20,489,781,543 | 26% | ||
| revisesociology | 0 | 14,386,562,489 | 20% | ||
| teenovision | 0 | 34,079,280,866 | 100% | ||
| marc99 | 0 | 314,958,252 | 100% | ||
| dobartim | 0 | 22,931,394,005 | 1% | ||
| yabapmatt | 0 | 1,036,869,319,715 | 100% | ||
| inka123 | 0 | 112,869,819 | 100% | ||
| nor1 | 0 | 435,316,959 | 100% | ||
| kristy0 | 0 | 539,386,501 | 100% | ||
| julienbh | 0 | 16,890,606,332 | 100% | ||
| iamredbar | 0 | 13,541,822,106 | 100% | ||
| macmaniac77 | 0 | 11,259,053,222 | 100% | ||
| minnowforlife | 0 | 639,929,642 | 100% | ||
| swagger | 0 | 53,318,616 | 0.03% | ||
| xoni | 0 | 2,653,509,166 | 100% | ||
| homhai | 0 | 611,322,482 | 100% | ||
| faisalamin | 0 | 5,538,216,191 | 100% | ||
| zazelpop | 0 | 139,114,164 | 10% | ||
| snook | 0 | 4,573,162,489 | 25% | ||
| rahim300 | 0 | 531,039,646 | 100% | ||
| geenaizzy | 0 | 15,215,756,008 | 100% | ||
| javicabrera | 0 | 1,843,466,289 | 100% | ||
| phoenixlady | 0 | 1,197,177,602 | 100% | ||
| mejustandrew | 0 | 9,118,434,176 | 51% | ||
| seanlloyd | 0 | 416,237,773 | 1% | ||
| socky | 0 | 252,426,711,646 | 15% | ||
| soydiegorojas | 0 | 664,106,700 | 100% | ||
| chireerocks | 0 | 1,240,493,448 | 11% | ||
| drmake | 0 | 103,844,561,357 | 100% | ||
| marcedf | 0 | 510,143,416 | 100% | ||
| rdvn | 0 | 13,086,870,523 | 100% | ||
| acdevan | 0 | 2,322,505,101 | 100% | ||
| lefthouse | 0 | 2,631,212,801 | 100% | ||
| nirobrahman | 0 | 544,435,098 | 100% | ||
| ecoman1 | 0 | 582,852,567 | 100% | ||
| dhavey | 0 | 5,534,368,436 | 100% | ||
| rcshad0w | 0 | 6,328,318,292 | 100% | ||
| internetmoney | 0 | 600,903,795 | 100% | ||
| vintageverve | 0 | 66,656,287 | 100% | ||
| juliolunar | 0 | 740,474,925 | 50% | ||
| paradigmprospect | 0 | 17,730,732,293 | 100% | ||
| cryptonewsly | 0 | 214,810,427 | 100% | ||
| minestein | 0 | 498,329,017 | 100% | ||
| lord-geraldi | 0 | 594,212,859 | 100% | ||
| catalincernat | 0 | 13,893,678,865 | 100% | ||
| boogiemaan | 0 | 73,970,676 | 10% | ||
| safetony | 0 | 1,123,908,502 | 100% | ||
| lion-inferno | 0 | 611,510,139 | 100% | ||
| stonesoldier | 0 | 565,476,004 | 100% | ||
| mstafford | 0 | 8,763,510,018 | 100% | ||
| bobsthinking | 0 | 2,216,798,038 | 100% | ||
| yakubenko | 0 | 1,792,173,832 | 100% | ||
| williamgabriel | 0 | 0 | 100% | ||
| gillianpearce | 0 | 217,777,917 | 1% | ||
| joshuaattat | 0 | 1,441,228,077 | 100% | ||
| graceleon | 0 | 1,114,028,680 | 100% | ||
| culgin | 0 | 7,891,060,284 | 40% | ||
| luisal314 | 0 | 398,268,973 | 100% | ||
| senseicat | 0 | 15,507,112,760 | 1% | ||
| psos | 0 | 1,806,165,327 | 100% | ||
| musliadiamd | 0 | 395,954,623 | 100% | ||
| ali14 | 0 | 1,055,116,811 | 100% | ||
| benytg | 0 | 2,127,041,631 | 100% | ||
| mth7890 | 0 | 12,233,358,834 | 100% | ||
| holger80 | 0 | 132,953,929,575 | 53% | ||
| glenalbrethsen | 0 | 8,814,544,421 | 25% | ||
| transilvaniaman | 0 | 583,033,192 | 100% | ||
| funbobby51 | 0 | 1,789,517,373 | 100% | ||
| hongsukahn | 0 | 7,067,643,845 | 100% | ||
| freshenstine | 0 | 609,952,852 | 100% | ||
| tuts | 0 | 532,575,569 | 100% | ||
| katrina-ariel | 0 | 6,880,780,467 | 25% | ||
| kylorenjunior | 0 | 58,081,650 | 100% | ||
| mysearchisover | 0 | 648,678,680 | 100% | ||
| movement19 | 0 | 1,534,002,614 | 100% | ||
| beeyou | 0 | 20,794,811,886 | 100% | ||
| lucky7777 | 0 | 121,185,250 | 100% | ||
| ange.nkuru | 0 | 7,948,226,037 | 42% | ||
| aniketmore1925 | 0 | 540,164,830 | 100% | ||
| roundhere | 0 | 21,729,567,663 | 100% | ||
| lost-tiger-films | 0 | 134,773,056 | 100% | ||
| reazuliqbal | 0 | 8,680,886,849 | 100% | ||
| emmasumner | 0 | 590,737,261 | 100% | ||
| sachcorps | 0 | 125,634,378 | 100% | ||
| krasnec | 0 | 3,777,027,513 | 100% | ||
| peerzadazeeshan | 0 | 5,185,647,358 | 100% | ||
| febri | 0 | 189,288,482 | 100% | ||
| flinter | 0 | 156,333,061 | 50% | ||
| doon | 0 | 152,581,545 | 25% | ||
| kanit | 0 | 549,461,814 | 100% | ||
| vik.anatolich | 0 | 494,288,140 | 100% | ||
| effofex | 0 | 2,134,769,453 | 100% | ||
| fizri | 0 | 588,988,918 | 100% | ||
| akteruzzamanjoy | 0 | 570,587,229 | 100% | ||
| ahsan16 | 0 | 544,932,241 | 100% | ||
| bellekiss-31 | 0 | 292,733,631 | 100% | ||
| dmtech | 0 | 512,440,643 | 100% | ||
| gregjava | 0 | 0 | 100% | ||
| mhossain | 0 | 593,579,816 | 100% | ||
| tornadoman | 0 | 354,978,308 | 100% | ||
| kgakakillerg | 0 | 229,583,222 | 1% | ||
| el-nailul | 0 | 8,669,509,514 | 100% | ||
| cryptoking7 | 0 | 57,960,177 | 9.4% | ||
| oclinton | 0 | 0 | 100% | ||
| chayrasteem | 0 | 576,792,051 | 100% | ||
| choibo21c | 0 | 515,588,149 | 100% | ||
| indigoocean | 0 | 44,282,099,596 | 25% | ||
| steeminglyso | 0 | 1,996,834,514 | 100% | ||
| supermen1 | 0 | 533,502,091 | 100% | ||
| juancontinental | 0 | 543,377,300 | 100% | ||
| edgarbevens | 0 | 251,514,143 | 50% | ||
| steem.services | 0 | 167,207,238,556 | 10% | ||
| nigerian-yogagal | 0 | 390,428,861 | 100% | ||
| joedigital | 0 | 1,274,670,795 | 100% | ||
| lalu | 0 | 0 | 100% | ||
| steemitpost | 0 | 612,723,096 | 100% | ||
| soehtike | 0 | 536,367,527 | 100% | ||
| anatasya | 0 | 597,890,248 | 100% | ||
| thiagak | 0 | 612,538,365 | 100% | ||
| caesar816 | 0 | 607,029,328 | 100% | ||
| pusheenosaurus | 0 | 944,236,548 | 100% | ||
| mrshev | 0 | 7,786,402,657 | 40% | ||
| cfuentes600 | 0 | 287,989,887 | 100% | ||
| rsmartt777 | 0 | 135,074,144 | 100% | ||
| anakrimba | 0 | 910,456,251 | 100% | ||
| linco | 0 | 585,859,034 | 100% | ||
| swisswitness | 0 | 1,055,246,182 | 100% | ||
| mycryptostalker | 0 | 521,196,423 | 100% | ||
| kamikomi | 0 | 34,731,800,739 | 100% | ||
| daniscib | 0 | 433,733,793 | 100% | ||
| yassinou95 | 0 | 543,440,742 | 100% | ||
| mahfuz42 | 0 | 278,362,439 | 100% | ||
| chemical.black | 0 | 8,540,715,349 | 100% | ||
| minhaz416 | 0 | 307,012,395 | 100% | ||
| usdtrading | 0 | 448,428,743 | 100% | ||
| ahmed.hussein | 0 | 5,397,044,972 | 100% | ||
| xhevat | 0 | 590,435,222 | 100% | ||
| luxefr | 0 | 436,205,674 | 100% | ||
| katywkas | 0 | 0 | 100% | ||
| gisel | 0 | 600,912,865 | 100% | ||
| kemikay | 0 | 287,418,490 | 100% | ||
| lovelu3650 | 0 | 491,088,950 | 100% | ||
| shivaa | 0 | 400,344,759 | 100% | ||
| kaanseheryildizi | 0 | 409,553,004 | 100% | ||
| xmrking | 0 | 1,210,552,666 | 100% | ||
| michelem15 | 0 | 293,807,411 | 100% | ||
| ayyasofia | 0 | 467,683,357 | 100% | ||
| xiangwu-meng | 0 | 91,296,575 | 100% | ||
| showshidan | 0 | 110,336,064 | 100% | ||
| jeannunior | 0 | 122,156,339 | 100% | ||
| fauzandickycndra | 0 | 582,731,870 | 100% | ||
| ekafao | 0 | 376,791,578 | 100% | ||
| tinatoutou | 0 | 497,700,740 | 100% | ||
| flordemaria | 0 | 320,797,066 | 100% | ||
| fregonzalez | 0 | 538,850,177 | 100% | ||
| alexipd | 0 | 370,437,805 | 100% | ||
| memetop | 0 | 247,319,979 | 100% | ||
| nareshbhatt | 0 | 531,277,312 | 100% | ||
| danvil.identity | 0 | 137,308,733 | 100% | ||
| karenabsin | 0 | 479,498,105 | 100% | ||
| pakdo | 0 | 552,232,027 | 100% | ||
| afaqshahid | 0 | 564,852,641 | 100% | ||
| chefvince | 0 | 102,009,460 | 100% | ||
| crypto-burrito | 0 | 164,158,287 | 100% | ||
| venhabla | 0 | 271,830,309 | 100% | ||
| azmazm | 0 | 494,585,097 | 100% | ||
| ekufanes | 0 | 420,504,717 | 100% | ||
| rickyislam | 0 | 97,609,719 | 100% | ||
| fredduccy | 0 | 451,774,557 | 100% | ||
| mavigo77 | 0 | 91,812,557 | 100% | ||
| joanhay | 0 | 201,053,169 | 100% | ||
| martlok123 | 0 | 62,127,805 | 100% | ||
| jayplayco | 0 | 6,592,891,358 | 100% | ||
| emekaubasinachi | 0 | 500,520,126 | 100% | ||
| kosynier | 0 | 137,365,295 | 100% | ||
| tj6strings | 0 | 610,348,005 | 100% | ||
| digiibit.coin | 0 | 176,965,511 | 100% | ||
| bboyash | 0 | 277,651,333 | 100% | ||
| anacia97 | 0 | 350,878,059 | 100% | ||
| kardashiannews | 0 | 442,411,465 | 100% | ||
| khinglay | 0 | 192,220,154 | 100% | ||
| chikaku | 0 | 161,709,018 | 100% | ||
| satoshi.blog | 0 | 601,066,057 | 100% | ||
| elihs | 0 | 567,496,993 | 100% | ||
| lepoopoo | 0 | 521,731,106 | 100% | ||
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| onderserin | 0 | 543,088,520 | 100% | ||
| lokendob | 0 | 546,139,579 | 100% | ||
| slimane1 | 0 | 588,850,828 | 100% | ||
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| avatar22 | 0 | 576,522,464 | 100% | ||
| naconc | 0 | 118,989,221 | 100% | ||
| kkxara12 | 0 | 509,512,183 | 100% | ||
| ataliba | 0 | 597,993,372 | 100% | ||
| nemgold | 0 | 597,977,407 | 100% | ||
| skocik70 | 0 | 488,144,822 | 100% | ||
| serfer307 | 0 | 118,981,855 | 100% | ||
| joelmh221 | 0 | 369,148,833 | 100% | ||
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| meuhambo | 0 | 546,045,884 | 100% | ||
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| japhet.diano | 0 | 228,790,175 | 100% | ||
| rosaliapg3 | 0 | 445,351,228 | 100% | ||
| jasrldsb | 0 | 358,362,828 | 100% |
| author | andreina89 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t132315505z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 13:23:48 |
| last_update | 2018-05-29 13:23:48 |
| depth | 1 |
| children | 2 |
| last_payout | 2018-06-05 13:23:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 72 |
| author_reputation | 293,329,115,146 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,275,619 |
| net_rshares | -5,269,813,422 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | -9,422,203,786 | -1% | ||
| bwells | 0 | 4,152,390,364 | 1% |
I hooked you up!
| author | bwells |
|---|---|
| permlink | re-andreina89-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180531t024234015z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-31 02:39:51 |
| last_update | 2018-05-31 02:39:51 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-07 02:39:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.597 HBD |
| curator_payout_value | 0.018 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 16 |
| author_reputation | 30,269,950,988,702 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,531,071 |
| net_rshares | 427,752,700,385 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| bwells | 0 | 394,477,084,647 | 100% | ||
| coinexchange | 0 | 33,275,615,738 | 100% |
If you want upvotes, then I suggest that you read the post, then make a real comment about it instead of just asking for it. I think the method I suggest will be much more profitable for you, and it also adds more value to the blockchain and community as well.
| author | valth |
|---|---|
| permlink | re-andreina89-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180615t182128286z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-15 18:21:30 |
| last_update | 2018-06-15 18:21:30 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-22 18:21:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 260 |
| author_reputation | 74,218,254,347,006 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 60,889,810 |
| net_rshares | 0 |
I had never understood why some people wanted the 1sbd per dollar peg but now I think I'm starting to get the reasoning(still not convinced tho). I completely agree with you about not being too depedent on steemit inc and curators getting their payouts the same way the author does. Wish you luck :)
| author | ange.nkuru |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202946977z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:29:51 |
| last_update | 2018-05-28 20:29:51 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 20:29:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.205 HBD |
| curator_payout_value | 0.019 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 300 |
| author_reputation | 36,592,363,913,235 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,168,297 |
| net_rshares | 56,029,864,375 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,029,864,375 | 7% |
Would you ever want to use a non-fiat currency for anything other than speculation of its value?
| author | leprechaun |
|---|---|
| permlink | re-angenkuru-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t114248665z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:42:54 |
| last_update | 2018-05-29 11:42:54 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 11:42:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 96 |
| author_reputation | 43,025,812,810,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,263,180 |
| net_rshares | 0 |
Your writing is fine, you have the copyright, you have my support
| author | ansony |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t034029467z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 03:42:57 |
| last_update | 2018-05-29 03:42:57 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 03:42:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 65 |
| author_reputation | 1,951,563,335,481 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,211,828 |
| net_rshares | 0 |
Think this might be a typo... >When the STEEM/SBD debt ratio is greater than 5%: The blockchain pays the liquid portion as0% STEEM, 100% SBD.
| author | bacchist |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t200932920z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:09:30 |
| last_update | 2018-05-28 20:09:30 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 20:09:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.210 HBD |
| curator_payout_value | 0.014 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 142 |
| author_reputation | 85,392,357,715,964 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,055 |
| net_rshares | 56,019,449,255 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,019,449,255 | 7% |
Fixed, thanks!
| author | timcliff |
|---|---|
| permlink | re-bacchist-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201743439z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:17:06 |
| last_update | 2018-05-28 20:17:06 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 20:17:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 14 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,874 |
| net_rshares | 0 |
I've been out of the loop for some time, so I haven't followed the development of the platform as much as I probably should. Has there been a change to stop the breaking of the "peg" at debt ratios above 10%? I expressed my concerns about it when it was implemented quite some time ago... my thoughts on it can be found here: https://steemit.com/witness-category/@bacchist/witness-petition-do-not-abandon-the-peg If this is implemented, it will likely cause the debt ratio to increase with the additional SBD production. Have there been any relevant changes, or will it still be potentially catastrophic?
| author | bacchist |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201928698z |
| category | steem |
| json_metadata | {"tags":["steem"],"links":["https://steemit.com/witness-category/@bacchist/witness-petition-do-not-abandon-the-peg"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:19:27 |
| last_update | 2018-05-28 20:19:27 |
| depth | 1 |
| children | 15 |
| last_payout | 2018-06-04 20:19:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.011 HBD |
| curator_payout_value | 0.099 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 608 |
| author_reputation | 85,392,357,715,964 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,088 |
| net_rshares | 275,456,890,304 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 275,456,890,304 | 35% |
> Has there been a change to stop the breaking of the "peg" at debt ratios above 10%? No. The 10% limit is still in place. > If this is implemented, it will likely cause the debt ratio to increase with the additional SBD production. Have there been any relevant changes, or will it still be potentially catastrophic? Yes, that is somewhat the intent. The market has signled (through sustaned high SBD prices) that the current 1-2% debt level is not enough supply. This change would allow the market to increase the supply pretty much all the way up to the 'haircut' limit. With the new market conditions that have opened up around SBD, there is a lot less of a concern with the 10% level being catastrophic. If it starts to get "too close" to that 10% level for comfort, SBD traders will (logically) sell - which will put downward pressure on the SBD price. With enough downward pressure on the SBD price to push it back to $1 USD, this will incentivise conversions again. Anytime SBD is trading at or below $1 USD, the market essentially has the option to "override" this change by converting an equal amount of SBD each day as gets printed, which would have the same result on the market as the blockchain printing 100% STEEM in place of SBD.
| author | timcliff |
|---|---|
| permlink | re-bacchist-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t203057831z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:30:18 |
| last_update | 2018-05-28 20:30:18 |
| depth | 2 |
| children | 14 |
| last_payout | 2018-06-04 20:30:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.104 HBD |
| curator_payout_value | 0.017 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 1,250 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,168,349 |
| net_rshares | 30,508,618,908 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| bacchist | 0 | 5,489,363,788 | 100% | ||
| the-ego-is-you | 0 | 25,019,255,120 | 100% |
I see where you're coming from here, but I think it's a bit optimistic. By the time enough "extra" SBD has been printed to drive the price of SBD below $1, the debt load will already be in haircut territory. The change you've implemented increases SBD production when the debt load is already high relative to the 10% threshold. The debt load is very sensitive to STEEM price fluctuations... I think this change will add significant systemic risk. Please note that it's really the haircut itself that I find objectionable. Your change is only problematic because the haircut exists.
| author | bacchist |
|---|---|
| permlink | re-timcliff-re-bacchist-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t204413167z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:44:12 |
| last_update | 2018-05-28 20:44:12 |
| depth | 3 |
| children | 13 |
| last_payout | 2018-06-04 20:44:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.876 HBD |
| curator_payout_value | 0.273 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 583 |
| author_reputation | 85,392,357,715,964 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,169,985 |
| net_rshares | 284,972,332,304 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| tobixen | 0 | 205,253,712,088 | 42% | ||
| timcliff | 0 | 79,395,761,296 | 10% | ||
| guttormf | 0 | 322,858,920 | 100% |
A concern: isn't 10% the threshold at which the USD peg is abandoned? It's been a very long time since I looked at the mechanics of this stuff, but I recall that when the debt ratio hits 10%, the peg switches from targeting 1 SBD = 1 USD to targeting MarketCap(SBD)=0.1*MarketCap(STEEM) or something similar. If I have the details right, this means that your proposed change will continue printing SBD right up until the peg is designed to break. Your changes increase the aggressiveness of the pegging mechanism, and seem like they could add significant amounts of risk to the STEEM ecosystem in the event of a prolonged market downturn.
| author | biophil |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202313453z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:23:15 |
| last_update | 2018-05-28 20:23:15 |
| depth | 1 |
| children | 19 |
| last_payout | 2018-06-04 20:23:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.897 HBD |
| curator_payout_value | 0.442 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 640 |
| author_reputation | 45,223,914,794,461 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,546 |
| net_rshares | 580,068,989,348 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| tobixen | 0 | 478,925,328,206 | 100% | ||
| timcliff | 0 | 88,709,454,491 | 11% | ||
| edb | 0 | 12,434,206,651 | 50% |
Personally I would continue printing SBD forever. I don't think there is a need to limit supply when the market is overvaluing it. Let's say someone will buy $1 bills from you for $2. So you sell them as many as you can get your hands on, or do you sell some limited number and then stop? The purpose of the 10% limit is to cap the backing of _all of the outstanding SBD_ at 10% of STEEM's market cap (considered a 'safe' amount) _regardless of the amount of SBD in circulation_. So if the market wants lots and lots of SBD with less and less backing, why not give it to them?
| author | smooth |
|---|---|
| permlink | re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t054228300z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 05:42:30 |
| last_update | 2018-05-29 05:42:30 |
| depth | 2 |
| children | 14 |
| last_payout | 2018-06-05 05:42:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 577 |
| author_reputation | 253,602,537,834,068 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,223,935 |
| net_rshares | 0 |
> if the market wants lots and lots of SBD with less and less backing, why not give it to them? Simply put, because I don't trust the market's risk management skills. In the medium-to-long term, undercollateralization almost certainly leads to peg discounts when the price of STEEM falls.
| author | biophil |
|---|---|
| permlink | re-smooth-re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t162419407z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 16:24:21 |
| last_update | 2018-05-29 16:24:21 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-05 16:24:21 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 289 |
| author_reputation | 45,223,914,794,461 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,301,251 |
| net_rshares | 0 |
Is this idea feasible? https://steemit.com/steem/@freebornangel/we-can-t-go-to-the-moon-without-creating-demand
| author | freebornangel |
|---|---|
| permlink | re-smooth-re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180728t041706262z |
| category | steem |
| json_metadata | {"tags":["steem"],"links":["https://steemit.com/steem/@freebornangel/we-can-t-go-to-the-moon-without-creating-demand"],"app":"steemit/0.1"} |
| created | 2018-07-28 04:17:39 |
| last_update | 2018-07-28 04:17:39 |
| depth | 3 |
| children | 4 |
| last_payout | 2018-08-04 04:17:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 111 |
| author_reputation | 171,005,551,503,977 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 66,234,722 |
| net_rshares | 0 |
Yep!
| author | knircky |
|---|---|
| permlink | re-smooth-re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t054630629z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 05:46:30 |
| last_update | 2018-05-30 05:46:30 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-06 05:46:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.519 HBD |
| curator_payout_value | 0.173 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 4 |
| author_reputation | 212,905,587,244,262 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,391,575 |
| net_rshares | 178,551,337,651 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| solenn | 0 | 178,551,337,651 | 100% |
LOL. Good questions! However, imagine how whales of Nubits feel now that the per unit value is 0.44 Usd. Some of the owners of the Steem Dollar are not responsible for this problem. If I can just convince high schoolers here to start blogging, I bet I can buy Steem Dollars for one peso each.
| author | leprechaun |
|---|---|
| permlink | re-smooth-re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t111833604z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:18:42 |
| last_update | 2018-05-29 11:27:39 |
| depth | 3 |
| children | 4 |
| last_payout | 2018-06-05 11:18:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 296 |
| author_reputation | 43,025,812,810,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,260,459 |
| net_rshares | 0 |
You are correct as far as the 10% limit. It is not necessarily catastrophic to pass that point though. It just means that SBD holders would get less than $1 USD for conversions if it passed that point. It is a linear reduction down, so at 11% debt limit, SBD converters would only get _slightly less_ than $1 USD of STEEM for their conversions. I did add some additional thoughts on the same subject in reply to @bacchist's comment above.
| author | timcliff |
|---|---|
| permlink | re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t203455346z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["bacchist"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:34:18 |
| last_update | 2018-05-28 20:34:18 |
| depth | 2 |
| children | 3 |
| last_payout | 2018-06-04 20:34:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.059 HBD |
| curator_payout_value | 0.019 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 439 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,168,844 |
| net_rshares | 20,121,305,705 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 20,121,305,705 | 100% |
ping...
| author | ipoelkip |
|---|---|
| permlink | re-timcliff-re-biophil-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t175009627z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 17:50:12 |
| last_update | 2018-05-30 17:50:12 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-06 17:50:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 7 |
| author_reputation | 41,655,562,990 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,473,940 |
| net_rshares | -77,957,818,636 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| asbear | 0 | -77,957,818,636 | -99% |
The questions and comments are great. The response to each suggests a well thought out proposal. But, unfortunately, I lack the knowledge to evaluate its specific merit. Nonetheless, I do agree with @timcliff on the need to have greater depth in developmental options. This is to not to diminish the Steemit.com role, past, present or future. But, the need to expand the developmental pool by encouraging more "talented community developers to work on changes to the Steem blockchain code", can only lead to increased options, wider discussion and less dependency.
| author | brian-rhodes |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t022741880z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:27:42 |
| last_update | 2018-05-29 02:27:42 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 02:27:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.340 HBD |
| curator_payout_value | 0.062 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 564 |
| author_reputation | 43,646,218,624,494 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,204,771 |
| net_rshares | 99,334,130,619 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 79,609,955,948 | 10% | ||
| the-ego-is-you | 0 | 19,724,174,671 | 100% |
| author | bronevik |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t205803533z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:58:03 |
| last_update | 2018-05-28 20:58:03 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:58:03 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.454 HBD |
| curator_payout_value | 0.126 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 78 |
| author_reputation | 12,260,156,653,305 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,171,592 |
| net_rshares | 144,363,607,584 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,340,914,506 | 1% | ||
| bronevik | 0 | 135,022,693,078 | 25% |
Wow this is incredible...You deserve an accolade for this homie. Shows that someone if not everyone, is still concerned with the future of steemit. You have said it all man, its left for the development team to heed to the suggestion given by @timcliff
| author | caesar816 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t211938073z |
| category | steem |
| json_metadata | {"tags":["steem"],"community":"busy","app":"busy/2.4.0"} |
| created | 2018-05-28 21:19:45 |
| last_update | 2018-05-28 21:19:45 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 21:19:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.126 HBD |
| curator_payout_value | 0.042 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 252 |
| author_reputation | 820,511,601,341 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,173,896 |
| net_rshares | 42,072,928,414 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 42,072,928,414 | 5% |
I wanted to read this post due to Hardfork word in title and after reading i want to appreciate you because, i am not an developer but i know they are the core of any digital platform and i know how much they strive hard to improve some aspects or creating many applications which can bring effective usability. And i really wanted to appreciate you because you took one step forward and taken the responsibility to come up with the new developments and also you understood that everything should not be pushed or expected from one entity when there are many contributors, what i like is, as you said we have to search potential developers and contributors to push the Hard Fork and this way the engine of developments will move forward effectively. And thanks for sharing the Print rate information and all numbers because literally speaking i was unaware of this stuff and good know it. And you are an super thinker and you are keeping an eye on 2022 and also as you said you are going through the updates of more payout options. So i want to wish you good luck and i hope and wish that your hard work will be attain it's goal. Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂
| author | chireerocks |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t203753526z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:37:57 |
| last_update | 2018-05-28 20:37:57 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:37:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.265 HBD |
| curator_payout_value | 0.052 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 1,214 |
| author_reputation | 327,821,690,945,691 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,169,246 |
| net_rshares | 79,387,042,590 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 79,387,042,590 | 10% |
The way that STEEM, STEEM Power and SBDs work is a thing of beauty! Yes it might seem complex to an outsider but it is a great system. I just dont think people get how it works. SBDs aren't really suppost to work as a dollar pegged crypto but they are more meant to act like a convertible bond. I guess this will have to be my next article. Thanks you for being an active and contributing member to the community! i will follow you and i hope you read my article when i write it i'd love for your feed back.
| author | cryptoeconomist |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t184520292z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 18:45:24 |
| last_update | 2018-05-29 18:45:24 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-05 18:45:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.106 HBD |
| curator_payout_value | 0.029 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 508 |
| author_reputation | 3,189,552,994 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,320,571 |
| net_rshares | 34,312,414,485 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 33,081,524,103 | 4% | ||
| sorin.cristescu | 0 | 0 | 44% | ||
| bitcoingrowthbot | 0 | 1,230,890,382 | 100% |
I agree, this is the most sophisticated financial system I've seen implemented natively in a blockchain. I've sat through an explanation of MakerDAO on ethereum and at the end the guys were very proud ... until I've told everybody in the audience that what makerDAO strives to do on Ethereum is already, out of the box, impemented by Steem, with 0 transaction fees and no need to wait and pray that the clogged Ethereum network validates your transaction ....
| author | sorin.cristescu |
|---|---|
| permlink | re-cryptoeconomist-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180610t131803263z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-10 13:18:03 |
| last_update | 2018-06-10 13:18:03 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-17 13:18:03 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 459 |
| author_reputation | 256,474,767,544,685 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 60,139,712 |
| net_rshares | 0 |
Thanks for taking the time to make the contribution and do some of the heavy lifting with regard to code alteration... While your changes make sense on paper, it does not account for the huge circulating supply on Steem already on the market, what people fail to realize is the Marketcap of Steem is inflated given that Steem is added that does account to monetary exchange, for example, 100 USD trader base on 50 Steem at price 2 dollars would give figure of 50 times 2 which would give it 100, that 100 trader can bring market cap 1000 if the seller wants 10 per Steem. But we also have to account for Steem models that basically pays in Steem, but there aren't typical buyers willling to support that price, crisis comes when everyone wants to sell (prolong period), then your 10% calculation would sink the market by that factor.... I know most people don't like to hear it but we don't have volume/liquidity to support the high Steem price we are trying to achieve, the most market appropriated approach would be the print SBD base on the market rate, this would significantly dry up supply of Steem as less Steem and SBD would be printed to support Steem demand... The major issue here, some tough choices has to be made, Steem supply is to large, SBD high price isn't the problem... We also risk killing the enthusiasm high SBD comes with and turning off traders, its a matter of combing between these two worlds but Steem trading volume even before the market downturn has been pitiful... What we should focus on is getting Steem trading volume up to that 100-300 million trading volume, and work with 1 USD as a flow rather than set in stone, if we should use Tether as reference it typically has trading volume of 3-5 billion USD roughly translating to 2.5 billion circulating Tether... Base on those numbers realistically Steem would need to have Marketcap of at least 125 billion to support SBD... I am saying this to say, our targets should be getting Steem trading volume to realistic 100-300 USD trading volume, trying to print more without thinking of rough times like we are experiencing now, would make this a recipe for disaster, for me working with a floor and taking advantage of purchasing more Steem to soak up supply or cash out may be more prudent rather than these over zealous witnesses scaring traders.... Another thing we have to change here is our attitude, we can't have witnesses talking about dumping Steem on the market and Stinc would be doing the same, what kind of moral does that leave... The system presently isn't robust enough to deal with abuses, so even that takes away traders.... Once again thanks for your contribution
| author | daudimitch |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t230339472z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:03:39 |
| last_update | 2018-05-28 23:03:39 |
| depth | 1 |
| children | 7 |
| last_payout | 2018-06-04 23:03:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.283 HBD |
| curator_payout_value | 0.029 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 2,664 |
| author_reputation | 29,651,169,814,878 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,184,856 |
| net_rshares | 77,682,880,081 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| oluwoleolaide | 0 | 32,354,484,538 | 44% | ||
| meno | 0 | 24,040,797,546 | 63% | ||
| karinxxl | 0 | 19,215,536,418 | 100% | ||
| twotripleow | 0 | 2,072,061,579 | 100% |
Sorry, but I do not understand your com. Also there are a few things that you are saying which indicate you do not fully understand how the STEEM/SBD mechanics work. I suggest reading the whitepaper if you haven’t already. There are a few comments where I responded to a few concerns which sound similar to what you are raising.
| author | timcliff |
|---|---|
| permlink | re-daudimitch-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t234707793z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:47:24 |
| last_update | 2018-05-28 23:47:24 |
| depth | 2 |
| children | 6 |
| last_payout | 2018-06-04 23:47:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 329 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,189,060 |
| net_rshares | 0 |
Thanks for your response, I think I rest my case on this matter I would continue to power down, _there are a few thing that you are saying which indicate you do not fully understand how the Steem/SBD mechanics work. I suggest reading the whitepaper if you haven't already_ that's a good enough clue for me Good luck guys....
| author | daudimitch |
|---|---|
| permlink | re-timcliff-re-daudimitch-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t000020982z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:00:21 |
| last_update | 2018-05-29 00:00:21 |
| depth | 3 |
| children | 5 |
| last_payout | 2018-06-05 00:00:21 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.101 HBD |
| curator_payout_value | 0.002 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 325 |
| author_reputation | 29,651,169,814,878 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,190,333 |
| net_rshares | 26,093,022,830 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| daudimitch | 0 | 20,643,245,087 | 100% | ||
| steemitglass | 0 | 5,449,777,743 | 100% |
Interesting idea. It seems like the price of SBD always being higher than indended is a black eye on how well the software works. When I think back on pitching Steem as a platform, I often run up against the confusion of SBD when it’s trending 300% of where it should be.
| author | distantsignal |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t215129950z |
| category | steem |
| json_metadata | {"tags":["steem"],"community":"busy","app":"busy/2.4.0"} |
| created | 2018-05-28 21:51:30 |
| last_update | 2018-05-28 21:52:36 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 21:51:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.227 HBD |
| curator_payout_value | 0.072 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 275 |
| author_reputation | 32,496,313,953,302 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,177,325 |
| net_rshares | 74,638,108,938 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,105,327,368 | 7% | ||
| the-ego-is-you | 0 | 18,532,781,570 | 100% |
Fallow My channel :)
| author | dynksxmonster |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t022152724z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:22:00 |
| last_update | 2018-05-29 02:22:00 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 02:22:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 20 |
| author_reputation | 3,518,894,369,291 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 0 |
| post_id | 58,204,198 |
| net_rshares | -46,828,196,231 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | -46,828,196,231 | -6% |
Wait, what is the STEEM/SBD debt ratio?
| author | edb | ||||||
|---|---|---|---|---|---|---|---|
| permlink | re-timcliff-2018528t225217983z | ||||||
| category | steem | ||||||
| json_metadata | {"tags":["steem","sbd","dev","steemdev","hf20"],"app":"esteem/1.6.0","format":"markdown+html","community":"esteem"} | ||||||
| created | 2018-05-28 20:52:18 | ||||||
| last_update | 2018-05-28 20:52:18 | ||||||
| depth | 1 | ||||||
| children | 2 | ||||||
| last_payout | 2018-06-04 20:52:18 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 0.342 HBD | ||||||
| curator_payout_value | 0.089 HBD | ||||||
| pending_payout_value | 0.000 HBD | ||||||
| promoted | 0.000 HBD | ||||||
| body_length | 39 | ||||||
| author_reputation | 36,073,595,127,095 | ||||||
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 58,170,900 | ||||||
| net_rshares | 116,546,916,584 | ||||||
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| leprechaun | 0 | 9,126,399,760 | 100% | ||
| timcliff | 0 | 107,420,516,824 | 14% |
The current STEEM marketcap is $590,466,641 (based on a current price of $2.29). There is currently 14,404,365 SBD in circulation. 14,404,365 / 590,466,641 = 2.44%
| author | timcliff |
|---|---|
| permlink | re-edb-re-timcliff-2018528t225217983z-20180528t211551402z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:15:12 |
| last_update | 2018-05-28 21:15:12 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-06-04 21:15:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.099 HBD |
| curator_payout_value | 0.027 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 165 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,173,438 |
| net_rshares | 31,895,002,338 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 21,312,698,806 | 100% | ||
| edb | 0 | 10,582,303,532 | 40% |
Thanks for explaining!
| author | edb |
|---|---|
| permlink | re-timcliff-re-edb-re-timcliff-2018528t225217983z-20180531t123054862z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-31 12:30:54 |
| last_update | 2018-05-31 12:30:54 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-07 12:30:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 22 |
| author_reputation | 36,073,595,127,095 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,591,753 |
| net_rshares | 0 |
Wow, *a lot* of comments here on SBD, pegging, and whether we need any of that anyway. I've thought about it a bit, but nothing new or insightful enough to add on that front. What I appreciated about this article was a look at the process behind developing the blockchain.
| author | effofex |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t202444710z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 20:24:45 |
| last_update | 2018-05-30 20:24:45 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-06 20:24:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.147 HBD |
| curator_payout_value | 0.049 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 274 |
| author_reputation | 14,429,105,750,792 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,492,952 |
| net_rshares | 52,604,667,607 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 52,604,667,607 | 7% |
| author | elgeko |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t002135846z |
| category | steem |
| json_metadata | {"tags":["steem"],"image":["https://cdn.steemitimages.com/DQmcBSPvnnaqQf8jLWDP9MtuqtNATgaXo1PjCh5MXT959Px/hf20.jpg"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:21:33 |
| last_update | 2018-05-29 00:21:33 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 00:21:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 99 |
| author_reputation | 289,401,247,763,767 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,192,440 |
| net_rshares | 0 |
Love the logic behind 'not the only stakeholders'. Also am impressed with your solution for the 'sbd/steem printing'. If I have a say, I'm all for that.
| author | enginewitty |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t205634628z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:56:36 |
| last_update | 2018-05-29 03:58:48 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:56:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.041 HBD |
| curator_payout_value | 0.004 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 152 |
| author_reputation | 698,103,528,414,883 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,171,396 |
| net_rshares | 12,061,223,062 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,340,914,506 | 1% | ||
| katrina-ariel | 0 | 2,720,308,556 | 10% |
Im with you on both of those changes, congrats on getting the pr done! I hope you do get more involved in the code, redunduncy is good for the ecosystem, imo. Can you tell me about how the ratio works between the steem price and payouts as relates to sp payouts in 50/50 posts? Does the price dropping increase the amount of sp gained? I know a lower price makes more sp per payout sbd, but does the dropping price make it a wash? A 50/50 post with 20sbd at payout pays 10sbd and 100sp at a steem price of .10usd. The same post pays 10sbd and 10sp at a dollar. And 10sbd and 2sp at 5usd. My question is, does the falling price affect the payout in such a way that the additional sp is a wash in real terms? Or does a lower price increase the sp gained overall?
| author | freebornangel |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180601t004837437z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-01 00:48:45 |
| last_update | 2018-06-01 00:48:45 |
| depth | 1 |
| children | 4 |
| last_payout | 2018-06-08 00:48:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.025 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 762 |
| author_reputation | 171,005,551,503,977 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,679,697 |
| net_rshares | 9,108,590,606 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,108,590,606 | 1% |
Assuming you have read the whitepaper. All the formulas for how post rewards work are explained there. Regarding the 50/50 payout, let's say you have a post that is paying out $10 to the author (after curation rewards are removed). $5 of that will be as SP. The other $5 will be as "liquid payout". The liquid payout portion is _normally_ SBD, but if the debt ratio is above 2% - then it starts to pay out a portion as STEEM instead of SBD. If the price of STEEM were twice as high - you would be getting a $20 payout, with $10 SP and $10 liquid. The $10 SP is the same amount of SP as the $5 payout - the SP is just worth twice as much. As far as the liquid portion - if it were being paid as SBD you would get twice as much SBD ($10 worth). If it were being paid as STEEM - it would be the same amount of STEEM, just worth twice as much.
| author | timcliff |
|---|---|
| permlink | re-freebornangel-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180601t014150566z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-01 01:41:12 |
| last_update | 2018-06-01 01:44:06 |
| depth | 2 |
| children | 3 |
| last_payout | 2018-06-08 01:41:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.021 HBD |
| curator_payout_value | 0.004 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 843 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,684,532 |
| net_rshares | 6,891,430,437 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| freebornangel | 0 | 6,891,430,437 | 18% |
So, the value of the rshares would change the payout in the same ratio as the payout in sp. The price changing would not affect the payout in real terms. We get paid the same ratio irregardless of the price? What the rshares lose in value offsets the increase the sp payout? What i was hoping to hear was that posting when the price is low leads to a greater increase in account value as the price rises. But, i think you are saying its a wash?
| author | freebornangel |
|---|---|
| permlink | re-timcliff-re-freebornangel-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180601t034920805z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-01 03:49:24 |
| last_update | 2018-06-01 03:49:24 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-08 03:49:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.032 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 446 |
| author_reputation | 171,005,551,503,977 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,696,653 |
| net_rshares | 9,118,264,670 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,118,264,670 | 1% |
that's interesting, so there would essentially be more SBD created so it would be worth less and less STEEM created so it would be worth more?
| author | funbobby51 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t000837579z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:11:33 |
| last_update | 2018-05-29 00:11:33 |
| depth | 1 |
| children | 4 |
| last_payout | 2018-06-05 00:11:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.180 HBD |
| curator_payout_value | 0.044 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 142 |
| author_reputation | 7,640,734,283,678 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,191,373 |
| net_rshares | 56,136,257,692 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,136,257,692 | 7% |
That’s the idea :)
| author | timcliff |
|---|---|
| permlink | re-funbobby51-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t003639450z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:36:39 |
| last_update | 2018-05-29 00:36:39 |
| depth | 2 |
| children | 3 |
| last_payout | 2018-06-05 00:36:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 18 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,193,930 |
| net_rshares | 1,827,592,210 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| funbobby51 | 0 | 1,827,592,210 | 100% |
there seems like a lot of advantages to these changes, is there a reason not to make them?
| author | funbobby51 |
|---|---|
| permlink | re-timcliff-re-funbobby51-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t013555413z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 01:38:51 |
| last_update | 2018-05-29 01:38:51 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-05 01:38:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.170 HBD |
| curator_payout_value | 0.054 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 90 |
| author_reputation | 7,640,734,283,678 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,200,061 |
| net_rshares | 56,193,835,477 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,193,835,477 | 7% |
Sounds interesting @timcliff although the technical bit is a bit above my pay grade. I do feel, however, that more people being able to contribute would be helpful. When you say 17/21 witnesses are you reffing to the 21 witnesses that appear at the top of the table? Do the ones with less power have no say in how the blockchain is developed? Thanks for the SBD/Steem payout ratio information. I was asking another witness about that today so now I don't need his answer. 😁
| author | gillianpearce |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t211052627z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:10:51 |
| last_update | 2018-05-28 21:10:51 |
| depth | 1 |
| children | 4 |
| last_payout | 2018-06-04 21:10:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.207 HBD |
| curator_payout_value | 0.017 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 483 |
| author_reputation | 60,682,277,936,497 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,172,983 |
| net_rshares | 56,048,327,521 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,048,327,521 | 7% |
For a hardfork to take effect, 17 / 21 of the witnesses need to vote 'yes'. The 21 witness votes come from the 20 top witnesses + 1 backup. Backup witnesses do get a 'say'. They can contribute to the discussions, and express the way they plan to vote. If a backup witness is voting in a way that the stakeholders like, and the top witnesses are voting in a way that the stakeholders don't like - then the backups may be voted in as the new top witnesses.
| author | timcliff |
|---|---|
| permlink | re-gillianpearce-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t212209659z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:21:33 |
| last_update | 2018-05-28 21:21:33 |
| depth | 2 |
| children | 3 |
| last_payout | 2018-06-04 21:21:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 456 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,174,099 |
| net_rshares | 0 |
Thank you for the explanation @timcliff. >If a backup witness is voting in a way that the stakeholders like, and the top witnesses are voting in a way that the stakeholders don't like - then the backups may be voted in as the new top witnesses. Whilst this is true in theory, from what I've read about the amount of power the top 20 witnesses have and how they vote for each other, it doesn't seem very likely that this could ever happen in practice, as things stand currently. Until very recently I thought that witnesses got their spots in the table by number of votes. I didn't realise that power voting came into play. Given that scenario it's hard to see how smaller stakeholders could really get themselves heard. 😊
| author | gillianpearce |
|---|---|
| permlink | re-timcliff-re-gillianpearce-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t213313159z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:33:12 |
| last_update | 2018-05-28 21:33:12 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-04 21:33:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.253 HBD |
| curator_payout_value | 0.084 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 733 |
| author_reputation | 60,682,277,936,497 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,175,348 |
| net_rshares | 84,156,563,496 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 84,156,563,496 | 11% |
Hello @timcliff, congratulations for your talent, for your selfless work in improving Steemit every day. Since for their work and dedication, we obtain significant gains that help us every day, we also develop our skills and creativity every day and show our knowledge to the world. Thankful, God bless your talent.
| author | gisel |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t192109340z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 19:27:18 |
| last_update | 2018-05-29 19:27:18 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 19:27:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.029 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 315 |
| author_reputation | 111,565,226,481 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,325,924 |
| net_rshares | 9,451,864,029 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,451,864,029 | 1% |
SBD is the money, steem the stake. Leave SBD alone, it works perfect
| author | havok777 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t145958233z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 14:59:57 |
| last_update | 2018-05-29 14:59:57 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-05 14:59:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 68 |
| author_reputation | 81,496,288,618,594 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,289,298 |
| net_rshares | 0 |
That statement is flawed. STEEM is money too. Your opinion that SBD works perfectly is your opinion. Not all agree.
| author | timcliff |
|---|---|
| permlink | re-havok777-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t165938048z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 16:59:00 |
| last_update | 2018-05-29 16:59:00 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 16:59:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 115 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,306,175 |
| net_rshares | 247,093,389 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| bunmipaul | 0 | 247,093,389 | 100% |
This sounds like a great change to make to improve the health of the two coins. After just finishing my computer science undergrad, I am looking for projects to work on in my free time and had never considered attempting to submit changes to a project of this magnitude! I am definitely going to look into it!
| author | indoorsandout |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t042337482z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 04:23:36 |
| last_update | 2018-05-29 04:23:36 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 04:23:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.188 HBD |
| curator_payout_value | 0.019 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 309 |
| author_reputation | 33,922,679,725 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,215,914 |
| net_rshares | 52,007,480,201 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 51,574,328,090 | 7% | ||
| indoorsandout | 0 | 433,152,111 | 100% |
I like the initiative, but I haven't been convinced that anything should be done to restore the peg at all. I'm not sure we need anything more than a soft-peg.
| author | inertia |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t000439930z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:04:39 |
| last_update | 2018-05-29 00:04:39 |
| depth | 1 |
| children | 6 |
| last_payout | 2018-06-05 00:04:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.344 HBD |
| curator_payout_value | 0.101 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 160 |
| author_reputation | 346,568,901,399,561 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,190,717 |
| net_rshares | 110,537,047,863 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 98,235,120,007 | 13% | ||
| edb | 0 | 12,301,927,856 | 50% | ||
| nazars | 0 | 0 | 100% |
By itself this change is not really going to fix the peg. The majority of the time the debt ratio is such that this change will not make any difference. It mainly eliminates the reduced SBD supply during times when the debt ratio is above 2%. The past few times when this has occurred, it hasn’t made economic sense.
| author | timcliff |
|---|---|
| permlink | re-inertia-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t003147701z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:31:48 |
| last_update | 2018-05-29 00:31:48 |
| depth | 2 |
| children | 5 |
| last_payout | 2018-06-05 00:31:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.063 HBD |
| curator_payout_value | 0.019 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 316 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,193,477 |
| net_rshares | 20,915,567,772 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 20,915,567,772 | 100% |
Certainly, you're not saying that this change will have no effect whatsoever. If you were saying that, then this change should not be done. We think the number of times this ratio has presented itself lately, it has worked against the peg. I haven't seen any numbers to support this assertion. One could show that the *supply* was affected adversely. That's academic and I'm not talking about that. I'm wondering if there is any way to show that SBD buying power was affected adversely by black-swan protection code. I don't think that can be demonstrated. There's too much volatility. So, in reality, this change is to affect a *perceived* issue. And that's what I haven't been convinced about.
| author | inertia |
|---|---|
| permlink | re-timcliff-re-inertia-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t005853714z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:58:54 |
| last_update | 2018-05-29 00:58:54 |
| depth | 3 |
| children | 4 |
| last_payout | 2018-06-05 00:58:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.170 HBD |
| curator_payout_value | 0.054 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 705 |
| author_reputation | 346,568,901,399,561 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,196,085 |
| net_rshares | 56,193,835,477 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,193,835,477 | 7% |
Perhaps get rid of sbd and give payout in steem and not in steem power. Users have the option to use it for whatever, exchange or increase steem power.
| author | introvert-dime |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t214107113z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 21:41:36 |
| last_update | 2018-05-30 21:41:36 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-06 21:41:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.982 HBD |
| curator_payout_value | 0.004 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 151 |
| author_reputation | 127,675,527,537,567 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,501,783 |
| net_rshares | 526,614,596,321 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| introvert-dime | 0 | 526,614,596,321 | 100% |
There is not consensus for that change.
| author | timcliff |
|---|---|
| permlink | re-introvert-dime-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180531t022738312z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-31 02:27:00 |
| last_update | 2018-05-31 02:27:00 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-07 02:27:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 39 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,529,805 |
| net_rshares | 0 |
Greetings friend @timcliff I really liked your proposal, by keeping the radio range between 0% and 9% the time in which these changes take place is prolonged, so we will see less impress and keep the much loved SBD in the hands of the authors, after 10 % which I see quite acceptable and far from arriving, 100% steem will be printed. What we know is that we have people who invest in Steem, Steem is the basis of everything. although this objective has been confused with the SBD. By the way, I'm doing a post explaining the functionality of the HardForks within a chain of blocks encompassing its different aspects, anger addressed in the first place, the Spanish-speaking community, and that will take the example in its HardFork proposal, which I think is excellent . I wanted to know if you give me the authorization. Thank you very much for your time and sorry for my bad English (:
| author | javicabrera |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t204705131z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-30 20:46:09 |
| last_update | 2018-05-30 20:47:12 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-06 20:46:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.027 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 893 |
| author_reputation | 1,352,299,694,903 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,495,532 |
| net_rshares | 9,564,564,320 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,564,564,320 | 1% |
Sure, go for it
| author | timcliff |
|---|---|
| permlink | re-javicabrera-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t212933989z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 21:28:54 |
| last_update | 2018-05-30 21:28:54 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-06 21:28:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 15 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,500,316 |
| net_rshares | 1,843,582,808 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| javicabrera | 0 | 1,843,582,808 | 100% |
Glad to see you taking the initiative on something like this. As far as I can tell most people do not understand the implications of having a very high SBD and the downward pressure that it creates on Steem. In fact, many minnows seem to think we're going to have another $15 SBD and they're quite excited about that. As a stakeholder with what I consider to be a significant amount of Steem I am definitely not interested in an SBD that ruins the value of our actual currency _Steem_, and thereby creates volatility and doubt in the platform itself.
| author | jeezzle |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t234951999z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:49:51 |
| last_update | 2018-05-28 23:49:51 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 23:49:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.198 HBD |
| curator_payout_value | 0.062 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 555 |
| author_reputation | 112,383,324,292,540 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,189,319 |
| net_rshares | 64,758,185,141 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 46,777,438,948 | 6% | ||
| the-ego-is-you | 0 | 17,473,765,480 | 100% | ||
| mys | 0 | 506,980,713 | 0.5% |
Tim thank you for making a change here which is the best approach I have seen to SBD not being pegged to $1 USD and giving us hope here that if something did happen to Steemit Inc as witnesses we can continue developing and improving the blockchain! I will resteem this post soon!
| author | jerrybanfield |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t144758669z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 14:47:57 |
| last_update | 2018-05-30 14:47:57 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-06 14:47:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.161 HBD |
| curator_payout_value | 0.054 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 281 |
| author_reputation | 362,393,802,961,900 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,450,245 |
| net_rshares | 57,232,956,033 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 57,232,956,033 | 7% |
But, is Tim paying the $50 a month? you sure can't betray your VIP members like this. not right.
| author | sircock |
|---|---|
| permlink | re-jerrybanfield-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t164441895z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 16:44:33 |
| last_update | 2018-05-30 16:45:12 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-06 16:44:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 96 |
| author_reputation | -542,471,556,310 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,465,912 |
| net_rshares | 0 |
I agree 100% with the fact that more developers aside from the Steemit Inc. developers need to lend a hand to the development of the blockchain. If that is done it will accelerate the growth of the blockchain. Am a developer myself; if your putting together a team do let me know. Am in.
| author | joshuaattat |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t223021463z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 22:30:30 |
| last_update | 2018-05-28 22:30:30 |
| depth | 1 |
| children | 2 |
| last_payout | 2018-06-04 22:30:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.217 HBD |
| curator_payout_value | 0.069 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 287 |
| author_reputation | 1,310,029,501,825 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,181,393 |
| net_rshares | 71,552,724,094 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 70,133,443,653 | 9% | ||
| joshuaattat | 0 | 1,419,280,441 | 100% |
Your best bet is to take a look at the issues in the GitHub repositories and see if there are any you are comfortable tackling. The steem repository is the one for the blockchain, but developing for that can be a little difficult for some. The condenser (steemit.com) repository is probably an easier place to start.
| author | timcliff |
|---|---|
| permlink | re-joshuaattat-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t233045065z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:30:51 |
| last_update | 2018-05-28 23:30:51 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-06-04 23:30:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 317 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,187,541 |
| net_rshares | 1,441,228,077 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| joshuaattat | 0 | 1,441,228,077 | 100% |
I'll look into it; thanks.
| author | joshuaattat |
|---|---|
| permlink | re-timcliff-re-joshuaattat-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t170447820z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 17:04:57 |
| last_update | 2018-05-29 17:04:57 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-05 17:04:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 26 |
| author_reputation | 1,310,029,501,825 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,306,953 |
| net_rshares | 0 |
Wow great post @timcliff , thanks for all that you do for the community, glad to have always voted for witness! I hope your SBD print rate change gets implemented . I also agree on some comments that we should just drop SD and simplify things especially with mass adoption. Keep up the great work , upped and resteemed!✌👍👍👍 https://render.bitstrips.com/v2/cpanel/2e701e39-8580-47e6-b8fc-476a868fe446-2b851cb9-3222-436b-9bb7-ff7645be9ace-v1.png?transparent=1&palette=1
| author | karenmckersie |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t105054866z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"image":["https://render.bitstrips.com/v2/cpanel/2e701e39-8580-47e6-b8fc-476a868fe446-2b851cb9-3222-436b-9bb7-ff7645be9ace-v1.png?transparent=1&palette=1"],"app":"steemit/0.1"} |
| created | 2018-05-29 10:50:54 |
| last_update | 2018-05-29 10:50:54 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 10:50:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.170 HBD |
| curator_payout_value | 0.057 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 467 |
| author_reputation | 280,862,618,735,740 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,257,326 |
| net_rshares | 56,532,271,048 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,532,271,048 | 7% |
please give me one upvote and follow me thanks
| author | katherineee |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t193025334z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 19:30:30 |
| last_update | 2018-05-29 19:30:30 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 19:30:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 46 |
| author_reputation | 1,127,455,437 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,326,292 |
| net_rshares | -9,451,943,334 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | -9,451,943,334 | -1% |
Thank God there are people like you who understand this stuff. It is way over my head. Hope you can get your good ideas implemented.
| author | kathleenscarboro |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180608t181549123z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-08 18:15:48 |
| last_update | 2018-06-08 18:15:48 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-15 18:15:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.020 HBD |
| curator_payout_value | 0.006 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 132 |
| author_reputation | 6,928,243,391,794 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 59,884,538 |
| net_rshares | 10,294,194,791 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 10,294,194,791 | 1% |
I'm glad I took the time to read this. I'm thrilled to see contributions from witnesses and community outside of Steemit, Inc. This part in particular gets me excited: > Where I see this heading is that a situation where the Steemit developers and community developers are co-existing and both making positive contributions to the Steem blockchain code. Yes! Can this grand Steem experiment please be a working model of co-creation between a corporation and a worldwide community? 'Cause that's what I think it will take to make this thing thrive long-term. I'm looking forward to hearing more about what you're doing. Hope to listen in on SteemStar Network tomorrow. One thing I'd like to see is greater rewards for witnesses who are *not* in the top 20, but who are contributing value to the blockchain. The rewards for witnesses drop off pretty sharp. I'd be interested in hearing your ideas around that subject, and how you see the witness roll developing as more witnesses step up.
| author | katrina-ariel |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t065334393z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 06:53:39 |
| last_update | 2018-05-30 06:56:15 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-06 06:53:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.219 HBD |
| curator_payout_value | 0.071 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 990 |
| author_reputation | 83,939,070,731,554 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,398,311 |
| net_rshares | 76,050,922,399 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 76,050,922,399 | 10% |
I found this post educating and helpful. I have followed and upvoted you my friend.
| author | kemikay |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180531t185559256z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-31 18:56:06 |
| last_update | 2018-05-31 18:56:06 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-07 18:56:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 83 |
| author_reputation | 214,310,489,974 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,642,192 |
| net_rshares | 0 |
damn, i was not aware of all the behind the scenes stuff that is going on with Steemit. sounds complex AF
| author | kiefpreston.com |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t111933656z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:19:36 |
| last_update | 2018-05-29 11:19:36 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 11:19:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.635 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 105 |
| author_reputation | 22,738,903,472,652 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,260,548 |
| net_rshares | 156,642,796,003 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kiefpreston.com | 0 | 156,642,796,003 | 100% |
I believe this line is backwards. Should be 100% STEEM. I like the contributions you are making, I think they will help us to continue to move forward. >When the STEEM/SBD debt ratio is greater than 5%: The blockchain pays the liquid portion as0% STEEM, 100% SBD.
| author | leongkhan |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201149767z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:11:51 |
| last_update | 2018-05-28 20:11:51 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 20:11:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.257 HBD |
| curator_payout_value | 0.014 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 264 |
| author_reputation | 22,900,990,480,518 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,319 |
| net_rshares | 68,056,819,523 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,019,449,255 | 7% | ||
| edb | 0 | 12,037,370,268 | 50% |
Corrected, thanks!
| author | timcliff |
|---|---|
| permlink | re-leongkhan-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201554607z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:15:15 |
| last_update | 2018-05-28 20:15:15 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 20:15:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 18 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,677 |
| net_rshares | 0 |
For many years, the Argentine peso was pegged to the dollar. Now, this broke but while it was able to keep the peg, it was convenient for people to be able to rely on the value of the peso. @timcliff, you have been here as long as I have. You know, the Steem Dollar was for a long time at $0.80. Now the Steem Dollar had gone to over $18 each before and has been well above a dollar for quite some time. Those who are against the peg are happy to point out that they do not last forever but that's okay.
| author | leprechaun |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t105625706z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 10:56:33 |
| last_update | 2018-05-29 10:56:33 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 10:56:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.170 HBD |
| curator_payout_value | 0.057 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 511 |
| author_reputation | 43,025,812,810,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,257,994 |
| net_rshares | 56,533,222,720 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,533,222,720 | 7% |
Ahmmm You have a very nice information and thanks for sharing ... I will for your next post Keep it up sir
| author | lion-inferno | ||||||
|---|---|---|---|---|---|---|---|
| permlink | re-timcliff-2018529t12114938z | ||||||
| category | steem | ||||||
| json_metadata | {"tags":["steem","sbd","dev","steemdev","hf20"],"app":"esteem/1.6.0","format":"markdown+html","community":"esteem"} | ||||||
| created | 2018-05-28 20:21:21 | ||||||
| last_update | 2018-05-28 20:21:21 | ||||||
| depth | 1 | ||||||
| children | 0 | ||||||
| last_payout | 2018-06-04 20:21:21 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 0.000 HBD | ||||||
| curator_payout_value | 0.000 HBD | ||||||
| pending_payout_value | 0.000 HBD | ||||||
| promoted | 0.000 HBD | ||||||
| body_length | 108 | ||||||
| author_reputation | 1,006,932,289,637 | ||||||
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 58,167,321 | ||||||
| net_rshares | 0 |
Ahmmm You have a very nice information and thanks for sharing ... I will wait for your next post Keep it up sir
| author | lion-inferno | ||||||
|---|---|---|---|---|---|---|---|
| permlink | re-timcliff-2018529t12142801z | ||||||
| category | steem | ||||||
| json_metadata | {"tags":["steem","sbd","dev","steemdev","hf20"],"app":"esteem/1.6.0","format":"markdown+html","community":"esteem"} | ||||||
| created | 2018-05-28 20:21:45 | ||||||
| last_update | 2018-05-28 20:21:45 | ||||||
| depth | 1 | ||||||
| children | 0 | ||||||
| last_payout | 2018-06-04 20:21:45 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 0.000 HBD | ||||||
| curator_payout_value | 0.000 HBD | ||||||
| pending_payout_value | 0.000 HBD | ||||||
| promoted | 0.000 HBD | ||||||
| body_length | 114 | ||||||
| author_reputation | 1,006,932,289,637 | ||||||
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 58,167,374 | ||||||
| net_rshares | 0 | ||||||
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| wajahatsardar | 0 | 0 | 100% |
if you can successfully gain and convince atleast a greater part of the community say 80% and above then you can be thinking of approval and trending issues about that. you are on good footing though. hardwwork pays
| author | lokendob |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t112042171z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:21:42 |
| last_update | 2018-05-29 11:21:42 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 11:21:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.099 HBD |
| curator_payout_value | 0.032 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 215 |
| author_reputation | 923,378,674 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,260,777 |
| net_rshares | 32,977,713,253 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 32,977,713,253 | 4% |
The fact that SBD is never pegged is cause its trading on the market, once you put a currency on the market its hard to maintain it as pegged value to something, it's impossible. And I agree with the other folks above, higher SBD contributes for better Steem gains, because when SBD is high a lot of people change SBD for Steem and then they power up, they have a chance thanks to SBD to get a better stake hold on Steemit. Removing SBD will affect bad on the Steem coin, when you take SBD from people they will be forced to power down because they have to life from something and thanks to SBD they can cash out and spend them outside the crypto market. I think the current system is perfect and any change on it can cause a damage to this community.
| author | lost108 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t151114167z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 15:11:15 |
| last_update | 2018-05-29 15:11:15 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-05 15:11:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.124 HBD |
| curator_payout_value | 0.037 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 751 |
| author_reputation | 35,690,179,781,243 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,291,021 |
| net_rshares | 40,276,719,383 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,439,492,428 | 1% | ||
| lost108 | 0 | 30,837,226,955 | 100% |
> Removing SBD will affect bad on the Steem coin, when you take SBD from people they will be forced to power down because they have to life from something and thanks to SBD they can cash out and spend them outside the crypto market. This is not really accurate. If SBD were removed (I say 'if' - there are really no proposals on the table currently to actually do this) users would be paid in liquid STEEM instead of SBD.
| author | timcliff |
|---|---|
| permlink | re-lost108-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t181937602z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 18:19:00 |
| last_update | 2018-05-29 18:19:00 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 18:19:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 423 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,317,064 |
| net_rshares | 0 |
Thanks for the update, can STEEM be supported by an hardware wallet like the Ledger Nano S ?
| author | luigi-tecnologo |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t224035704z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 22:40:36 |
| last_update | 2018-05-28 22:40:36 |
| depth | 1 |
| children | 3 |
| last_payout | 2018-06-04 22:40:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.170 HBD |
| curator_payout_value | 0.054 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 92 |
| author_reputation | 70,852,638,968,460 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,182,453 |
| net_rshares | 56,107,230,774 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,107,230,774 | 7% |
@jesta has already developed one - search for Vessel.
| author | timcliff |
|---|---|
| permlink | re-luigi-tecnologo-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t233140130z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["jesta"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:31:42 |
| last_update | 2018-05-28 23:31:42 |
| depth | 2 |
| children | 2 |
| last_payout | 2018-06-04 23:31:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 53 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,187,605 |
| net_rshares | 0 |
Vessel is a Desktop wallet, I mean Hardware wallet.. something like this, to do transactions with an external hardware device. https://www.ledger.fr/wp-content/uploads/2017/08/a40d2-1pgxaaffdtlkhzmipguffdg.png
| author | luigi-tecnologo |
|---|---|
| permlink | re-timcliff-re-luigi-tecnologo-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t233658290z |
| category | steem |
| json_metadata | {"tags":["steem"],"image":["https://www.ledger.fr/wp-content/uploads/2017/08/a40d2-1pgxaaffdtlkhzmipguffdg.png"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:36:57 |
| last_update | 2018-05-28 23:36:57 |
| depth | 3 |
| children | 1 |
| last_payout | 2018-06-04 23:36:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.240 HBD |
| curator_payout_value | 0.079 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 210 |
| author_reputation | 70,852,638,968,460 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,188,126 |
| net_rshares | 79,519,623,846 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 79,519,623,846 | 10% |
I'm so very excited to see development coming from outside of Steemit, inc. Well done, Tim! I'm really looking forward to reading about the details of your experience through this process. Though the code changes seem straightforward, I imagine the amount of time and effort that went into figuring out which nobs to tweak (and why) took quite some time. I was wondering what your thoughts are about someday having a community or foundation owned "official" repo for STEEM? Something I've seen block.one do for EOS that impressed me was require the block producer candidates to figure something out on their own as the official repo. A whole group was formed with a token, voting, and everything to create governance around who can control that repo. Eventually, I'd like to see STEEM move in that direction so we could move forward with some changes without Steemit, inc being concerned about the liability while still being free to take upstream changes from them as needed. Thanks for putting in the work on this.
| author | lukestokes |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t022527524z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:25:27 |
| last_update | 2018-05-29 02:25:27 |
| depth | 1 |
| children | 4 |
| last_payout | 2018-06-05 02:25:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.831 HBD |
| curator_payout_value | 0.206 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 1,018 |
| author_reputation | 556,640,380,599,219 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,204,552 |
| net_rshares | 256,018,260,519 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 84,292,894,533 | 11% | ||
| the-ego-is-you | 0 | 23,165,976,963 | 100% | ||
| tarekadam | 0 | 148,559,389,023 | 20% |
Eventually it might be the right step to take, but definitely not now. We need a lot more people (outside of Steemit, Inc.) who know the code, understand how to work with it, and are in a position where they can determine what changes are good/bad before we could do something like that. (Baby steps.) It would be a great place to eventually end up though.
| author | timcliff |
|---|---|
| permlink | re-lukestokes-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t024619360z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:45:42 |
| last_update | 2018-05-29 02:45:42 |
| depth | 2 |
| children | 3 |
| last_payout | 2018-06-05 02:45:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.066 HBD |
| curator_payout_value | 0.022 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 356 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,206,525 |
| net_rshares | 22,636,468,918 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 22,636,468,918 | 100% |
Agreed. We'd definitely don't want code changes being made to the official repo (regardless of who controls it) unless they are experts with the best interests of the whole ecosystem in mind.
| author | lukestokes |
|---|---|
| permlink | re-timcliff-re-lukestokes-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t043349686z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 04:33:48 |
| last_update | 2018-05-29 04:33:48 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-05 04:33:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.225 HBD |
| curator_payout_value | 0.069 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 192 |
| author_reputation | 556,640,380,599,219 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,216,929 |
| net_rshares | 73,307,276,110 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 51,597,446,271 | 7% | ||
| the-ego-is-you | 0 | 21,709,829,839 | 100% |
I'd be in favor of something like what @lukestokes suggested even now. Bear in mind nothing about creating governance for the repo means that the bulk of the work and decisions wouldn't continue to be made by Steemit employees. Any sensible governance system would vest those authorities and responsibilities with people having the necessary skill, experience, and expertise, and for now that is Steemit employees. Of course, setting up something like that is a big project, couldn't happen instantly, and would require one or more people to take it on as a significant effort.
| author | smooth |
|---|---|
| permlink | re-timcliff-re-lukestokes-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t060739300z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["lukestokes"],"app":"steemit/0.1"} |
| created | 2018-05-29 06:07:42 |
| last_update | 2018-05-29 06:07:42 |
| depth | 3 |
| children | 1 |
| last_payout | 2018-06-05 06:07:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.225 HBD |
| curator_payout_value | 0.072 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 578 |
| author_reputation | 253,602,537,834,068 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,226,470 |
| net_rshares | 73,921,006,878 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 51,681,668,994 | 7% | ||
| the-ego-is-you | 0 | 22,239,337,884 | 100% |
These pictures have already been made. You've copied this picture, if you copy it, you'll be considered as a spammer.
| author | majharul |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t213718021z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 21:37:33 |
| last_update | 2018-05-30 21:37:33 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-06 21:37:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 117 |
| author_reputation | 176,613,796,817 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,501,320 |
| net_rshares | 0 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| ashikstd | 0 | 0 | -100% |
I am not sure what you are talking about. I used a picture in my post, but it is licensed as creative commons. https://pixabay.com/en/children-win-success-video-game-593313/ ``` CC0 Creative Commons Free for commercial use No attribution required ```
| author | timcliff |
|---|---|
| permlink | re-majharul-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180531t022710098z |
| category | steem |
| json_metadata | {"tags":["steem"],"links":["https://pixabay.com/en/children-win-success-video-game-593313/"],"app":"steemit/0.1"} |
| created | 2018-05-31 02:26:33 |
| last_update | 2018-05-31 02:26:33 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-07 02:26:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 253 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,529,765 |
| net_rshares | 0 |
It's great to see you trying to code for steem. I wish all witnesses tried like you. Keep improving steem!
| author | marc99 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t212428718z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:24:27 |
| last_update | 2018-05-28 21:24:27 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 21:24:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.126 HBD |
| curator_payout_value | 0.042 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 106 |
| author_reputation | 2,577,073,356,117 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,174,406 |
| net_rshares | 42,072,928,414 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 42,072,928,414 | 5% |
Like you've rightly pointed out, development to steem would be quite slow, if we wait until Steemit Inc. decides on a hardfork. It's a good thing that you are making these changes, @timcliff. Thank you.👍 While I'm trying to understand the mechanics of how SBD debt ratio increases, the question that comes to mind is how do we know that SBD debt ratio has reached that 'haircut' limit of 10% before we begin to see it lose value below $1 (assuming 17/22 witnesses agree to the change in the code you've made)? @maryfavour.
| author | maryfavour |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t210140645z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff","maryfavour"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:03:27 |
| last_update | 2018-05-28 21:03:27 |
| depth | 1 |
| children | 2 |
| last_payout | 2018-06-04 21:03:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.245 HBD |
| curator_payout_value | 0.034 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 527 |
| author_reputation | 21,141,600,724,953 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,172,209 |
| net_rshares | 70,058,634,100 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 70,058,634,100 | 9% |
> I'm trying to understand the mechanics of how SBD debt ratio increases The debt ratio is `the amount of SBD in existence` / `the marketcap of STEEM`. I replied to another comment in this post with the exact numbers for that calculation. > that SBD debt ratio has reached that 'haircut' limit of 10% before we begin to see it lose value below $1 The intent is not really to make it reach the 10% 'haircut' limit. It is just to allow SBD to continue being printed unless/until we reach that point. The market will reach whatever SBD price it reaches based on a lot of factors.
| author | timcliff |
|---|---|
| permlink | re-maryfavour-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t211902283z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:18:24 |
| last_update | 2018-05-28 21:18:24 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-06-04 21:18:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.151 HBD |
| curator_payout_value | 0.004 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 580 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,173,747 |
| net_rshares | 38,874,998,342 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| maryfavour | 0 | 38,017,311,748 | 10% | ||
| mysearchisover | 0 | 650,217,077 | 100% | ||
| bletheim | 0 | 207,469,517 | 100% |
> The debt ratio is the amount of SBD in existence / the marketcap of STEEM. <div align="text-justify">Thank you for the answer, @timcliff. I've read through the comments thread again and seen your response to @edb's question. The concept of SBD debt ratio is clear to me now. ##### Your intent, regarding the action on SBD should it reach that 10% 'haircut', is understood. I'm glad to have learnt **something new** from you today. Thanks once again.</div> ---------------------------------------------------------------------- <center>[Edited...]</center> <hr></hr> @maryfavour.
| author | maryfavour |
|---|---|
| permlink | re-timcliff-re-maryfavour-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t214542731z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff","edb","maryfavour"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:47:30 |
| last_update | 2018-05-28 22:42:48 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-04 21:47:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.031 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 586 |
| author_reputation | 21,141,600,724,953 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,176,893 |
| net_rshares | 10,001,422,206 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,351,205,129 | 1% | ||
| mysearchisover | 0 | 650,217,077 | 100% |
I guess that first you will have to resolve some conflicts :)  It is great to see community members who open pull requests on the Steem github, it helps its growth! And as a question, you have written: * When the STEEM/SBD debt ratio is between 0% and 9%: 0% STEEM, 100% SBD. * When the STEEM/SBD debt ratio is between 9% and 10%: linearly change from 0% STEEM, 100% SBD to 100% STEEM, 0% SBD. * When the STEEM/SBD debt ratio is greater than 10%: 0% STEEM, 100% SBD. but at the end shouldn't it be: * When the STEEM/SBD debt ratio is greater than 10%: 100% STEEM, 0% SBD.
| author | mejustandrew |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t200915684z |
| category | steem |
| json_metadata | {"tags":["steem"],"image":["https://cdn.steemitimages.com/DQmRBqLUvyjYEokoPGmuGCAS7qyZnJz2YGhMtyQSxYxN7PY/image.png"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:09:18 |
| last_update | 2018-05-28 20:11:45 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 20:09:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.210 HBD |
| curator_payout_value | 0.014 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 669 |
| author_reputation | 6,245,491,946,485 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,026 |
| net_rshares | 56,019,449,255 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,019,449,255 | 7% |
Yes, corrected. Thanks!
| author | timcliff |
|---|---|
| permlink | re-mejustandrew-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201704808z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:16:27 |
| last_update | 2018-05-28 20:16:27 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 20:16:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.051 HBD |
| curator_payout_value | 0.017 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 23 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,805 |
| net_rshares | 17,738,519,503 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 17,738,519,503 | 100% |
Congratulations on helping build a better community, I will be watching closely and taking note of the benefits. Thank you in advance.
| author | melbourneswest |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t014021320z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 01:40:42 |
| last_update | 2018-05-30 01:40:42 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-06 01:40:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.028 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 136 |
| author_reputation | 722,440,082,910,531 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,366,518 |
| net_rshares | 9,476,945,780 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,476,945,780 | 1% |
How do you get the STEEM/SBD debt ratio?
| author | mysearchisover |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t213859150z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:39:00 |
| last_update | 2018-05-28 21:39:00 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 21:39:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.210 HBD |
| curator_payout_value | 0.017 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 40 |
| author_reputation | 106,037,311,868,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,175,980 |
| net_rshares | 57,049,594,253 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mysearchisover | 0 | 764,961,267 | 100% | ||
| estabond | 0 | 56,284,632,986 | 1.24% |
This is already answered in a response to another comment to the post.
| author | timcliff |
|---|---|
| permlink | re-mysearchisover-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t232650212z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:26:51 |
| last_update | 2018-05-28 23:26:51 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 23:26:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 70 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,187,169 |
| net_rshares | 0 |
It makes sense that the best solution to the problem you pose is the search for talented developers to work on the changes to Steem's blockchain code. I hope that your offer is heard I mean the extraction request to implement a change as part of hardfork 20. It would be interesting to be able to read what you plan to write a 'blockchain development tips guide' for other developers who are interested in learning how to do this too. Good luck and success!
| author | naconc |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180531t034513245z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-31 03:44:18 |
| last_update | 2018-05-31 03:44:18 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-07 03:44:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.179 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 460 |
| author_reputation | 48,184,043,660 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,537,525 |
| net_rshares | 49,549,057,314 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 49,549,057,314 | 7% |
waw, its amazing but i don't know how it be possible for me, please for the information about it
| author | nazars |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180725t162350941z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-07-25 16:24:00 |
| last_update | 2018-07-25 16:24:00 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-08-01 16:24:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 97 |
| author_reputation | 4,285,898,825 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 65,948,909 |
| net_rshares | 0 |
Fantastic post friend thanks
| author | phillips93 |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t204739299z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:48:09 |
| last_update | 2018-05-28 20:48:09 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:48:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 28 |
| author_reputation | 190,210,226,774 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,170,423 |
| net_rshares | 0 |
any dates for HF20 ?
| author | prakashghai |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t143232229z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 14:32:45 |
| last_update | 2018-05-29 14:32:45 |
| depth | 1 |
| children | 2 |
| last_payout | 2018-06-05 14:32:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.128 HBD |
| curator_payout_value | 0.022 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 20 |
| author_reputation | 20,465,565,974,840 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,285,259 |
| net_rshares | 37,694,842,403 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 37,694,842,403 | 5% |
@steemitblog said "early Q3 2018"
| author | timcliff |
|---|---|
| permlink | re-prakashghai-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t145141329z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["steemitblog"],"app":"steemit/0.1"} |
| created | 2018-05-29 14:51:03 |
| last_update | 2018-05-29 14:51:03 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-06-05 14:51:03 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 33 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,287,963 |
| net_rshares | 4,565,253,675 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| prakashghai | 0 | 4,321,210,822 | 8% | ||
| bunmipaul | 0 | 244,042,853 | 100% |
Ok Thank you
| author | prakashghai |
|---|---|
| permlink | re-timcliff-re-prakashghai-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t174344350z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 17:43:48 |
| last_update | 2018-05-29 17:43:48 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-05 17:43:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 13 |
| author_reputation | 20,465,565,974,840 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,312,475 |
| net_rshares | 0 |
Really nice post, I completely agree with you. Steemit Inc. shouldn't do 100% of the work, it's nice to see you stepping in. As for beneficiaries getting rewarded with the same payout option, I hope this will happen soon ! I've never really understood why it wasn't like that, seems weird.
| author | ragepeanut |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t233554848z |
| category | steem |
| json_metadata | {"tags":["steem"],"community":"busy","app":"busy/2.4.0"} |
| created | 2018-05-28 23:35:54 |
| last_update | 2018-05-28 23:35:54 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 23:35:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.240 HBD |
| curator_payout_value | 0.079 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 289 |
| author_reputation | 15,252,863,488,454 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,188,008 |
| net_rshares | 79,518,949,724 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 79,518,949,724 | 10% |
Hi @timcliff, thanks for contributing code to the Steem project - I cannot agree more on your blog that we need many more freelancing developer in order to become more independent from Steemit, Inc. If you REALLY have some spare time for another pull request, you could look into this Steem protocol improvement proposal here: https://steemit.com/utopian-io/@steemhq/how-to-make-steem-great-again-the-exponential-author-reward-method I really think this could be a game changer for Steem and could fix a lot of problems we currently see on the platform.
| author | roomservice |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201536385z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"links":["https://steemit.com/utopian-io/@steemhq/how-to-make-steem-great-again-the-exponential-author-reward-method"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:15:36 |
| last_update | 2018-05-28 20:15:36 |
| depth | 1 |
| children | 7 |
| last_payout | 2018-06-04 20:15:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.036 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 556 |
| author_reputation | 11,573,428,661,334 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,699 |
| net_rshares | 9,336,890,485 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,336,890,485 | 1% |
I have seen the proposal, and am not really in favor of the change. I do not believe in "punishing success" which is basically what it does to posts that are receiving a high payout, and for users who are interested in extracting the maximum amount of rewards - it will just push them to split their content into as many posts/comments as possible, and upvoting all of the smaller items. TLDR: lots more spam.
| author | timcliff |
|---|---|
| permlink | re-roomservice-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202136984z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:20:57 |
| last_update | 2018-05-28 20:20:57 |
| depth | 2 |
| children | 6 |
| last_payout | 2018-06-04 20:20:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.173 HBD |
| curator_payout_value | 0.009 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 409 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,286 |
| net_rshares | 45,958,887,253 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| edb | 0 | 18,519,031,182 | 70.5% | ||
| roomservice | 0 | 27,439,856,071 | 5% |
Kudos on the discussion of moving needed changes faster via other stakeholders than Steemit Inc.! However, do you have any thoughts as to how to improve the current situation where low-quality content often gets many multiples of the rewards of high quality content, simply on the basis of the longevity or steem power of the author? Our retention rate and percentage of quality posts MUST be improved if we are to succeed long term.
| author | mepatriot |
|---|---|
| permlink | re-timcliff-re-roomservice-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t230224378z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:02:24 |
| last_update | 2018-05-28 23:02:24 |
| depth | 3 |
| children | 4 |
| last_payout | 2018-06-04 23:02:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.141 HBD |
| curator_payout_value | 0.047 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 435 |
| author_reputation | 94,587,829,816,945 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,184,742 |
| net_rshares | 46,758,008,360 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 46,758,008,360 | 6% |
Fair enough, thanks for even looking into it!
| author | roomservice |
|---|---|
| permlink | re-timcliff-re-roomservice-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202201279z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:22:00 |
| last_update | 2018-05-28 20:22:00 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-04 20:22:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 45 |
| author_reputation | 11,573,428,661,334 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,403 |
| net_rshares | 0 |
I think steem should only have steem ,one currency. Steem power and steem dollars seems like twisted effort for staking and pegging value... It probably might have caused steem to be undervalued .
| author | sanees |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t201145387z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 20:11:45 |
| last_update | 2018-05-29 20:11:45 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 20:11:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.069 HBD |
| curator_payout_value | 0.014 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 196 |
| author_reputation | 2,019,131,877,450 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,331,531 |
| net_rshares | 21,088,808,263 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,476,945,780 | 1% | ||
| sanees | 0 | 11,611,862,483 | 100% |
Wow its nice. Steemit is a decentralised platform so if only a certain group of persons can work on the success and developement of tye blockchain then i think it defeats that fact. Its a good thing that you have decided ti help out and u can see how suparb your update is. I just hope they lool into it and accept your submitted proposal. Keep up the good work you doing around here @timcliff. We need more persons like you around here.
| author | sistem |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202710801z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:27:15 |
| last_update | 2018-05-28 20:27:15 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:27:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.101 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 445 |
| author_reputation | 8,138,304,156,690 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,168,001 |
| net_rshares | 25,758,927,876 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 23,344,001,519 | 3% | ||
| sistem | 0 | 2,414,926,357 | 10% |
@timcliff, I really appreciate and respect your work on this matter. When Steemit accounts go to many millions, there may not be a need for a 100% SBD reward system. In fact, a 50% reward may be too much. Another point is the simple fact that SBD is above the peg is because people want to buy it and trade it. Those investors that have been boosting the price might not be happy with a change. In some cases, they may be relying on the rules to remain the way they are. I still like what you are doing for Steemit. We need more people like you.
| author | socky |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t064001282z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 06:39:27 |
| last_update | 2018-05-29 06:39:27 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 06:39:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.156 HBD |
| curator_payout_value | 0.052 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 548 |
| author_reputation | 196,950,889,547,677 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,230,071 |
| net_rshares | 51,682,977,559 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 51,682,977,559 | 7% |
Very good approach, I am fully with you on the need for the community to step up and live the "decentralized" idea in full - not only decentralized operations but also a community of developers that is decentralized and generates new ideas faster than in a centralized setting. With the "selection mechanism" of the witness approval vote - which BTW happens where, in github or in steem.chat or is it simply by upgrading the code they run ? I'm curious how things work during the transition period - when some witnesses have upgraded but others not - what happens to a specific payout then depends on what version runs on the node that processes the "author reward transaction", right ?
| author | sorin.cristescu |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180610t131443397z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-10 13:14:42 |
| last_update | 2018-06-10 13:14:42 |
| depth | 1 |
| children | 5 |
| last_payout | 2018-06-17 13:14:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.096 HBD |
| curator_payout_value | 0.003 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 687 |
| author_reputation | 256,474,767,544,685 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 60,139,311 |
| net_rshares | 37,830,483,805 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 10,489,847,723 | 1% | ||
| sorin.cristescu | 0 | 27,340,636,082 | 100% |
Witnesses 'vote yes' for a hardfork by applying it to their servers. It will only take effect if 17/21 witnesses (including the 20 primary and one backup) vote yes.
| author | timcliff |
|---|---|
| permlink | re-sorincristescu-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180610t164851873z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-10 16:48:12 |
| last_update | 2018-06-10 16:48:12 |
| depth | 2 |
| children | 4 |
| last_payout | 2018-06-17 16:48:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 164 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 60,165,968 |
| net_rshares | 0 |
Thanks. Now imagine a 0.19.5 which inclides your change is available. Some of the witnesses start applying it. We are in a round where some witnesses (say 5 of the first 20) run 0.19.5 (with the modification) and the remaining ones (15 plus the backup) run 0.19.4 without the modification. Some "author reward" transactions come up for processing for the next block and one of the witnesses who has applied 0.19.5 is up for signing that one. What happens there ? In theory the author reward should be processed with the rules of 0.19.4 because your modification hasn't been approved yet by 17 witnesses. But because this witness has applied 0.19.5 his results will be different, his block will be considered "out of consensus" and thrown out, is that correct ? Which indicates that witnesses are well advised to do the coordination "out of band" in a chat so that the disruption is minimized, correct ?
| author | sorin.cristescu |
|---|---|
| permlink | re-timcliff-re-sorincristescu-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180611t065307607z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-06-11 06:53:12 |
| last_update | 2018-06-11 06:53:12 |
| depth | 3 |
| children | 3 |
| last_payout | 2018-06-18 06:53:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.024 HBD |
| curator_payout_value | 0.001 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 902 |
| author_reputation | 256,474,767,544,685 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 60,252,157 |
| net_rshares | 10,557,485,048 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 10,557,485,048 | 1% |
Thanks for sharing! A link to your post was included in the Steem.center wiki article about [Steem Dollar (SBD)](https://www.steem.center/index.php?title=Steem_Dollar_(SBD)). Thanks and good luck again!
| author | steemcenterwiki |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180601t155353228z |
| category | steem |
| json_metadata | {"tags":["steem"],"links":["https://www.steem.center/index.php?title=Steem_Dollar_(SBD)"],"app":"steemit/0.1"} |
| created | 2018-06-01 15:53:54 |
| last_update | 2018-06-01 15:53:54 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-08 15:53:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.025 HBD |
| curator_payout_value | 0.007 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 202 |
| author_reputation | 6,805,543,786,959 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,777,558 |
| net_rshares | 9,175,753,055 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 9,175,753,055 | 1% |
Great initiativw, @timcliff! STEEM needs an independent community of developers! One specific question: what's happening with all generated SBD? If we are continuous adding new SBD to the 14.5 millions, faster than STEEM (broken pegging to the USD), already we see that the debt ratio can go in only one direction...
| author | steemmillionaire |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t213154173z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-28 21:31:57 |
| last_update | 2018-05-28 21:31:57 |
| depth | 1 |
| children | 1 |
| last_payout | 2018-06-04 21:31:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.324 HBD |
| curator_payout_value | 0.104 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 318 |
| author_reputation | 128,069,550,613,314 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,175,206 |
| net_rshares | 106,607,688,740 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 84,152,994,608 | 11% | ||
| steemmillionaire | 0 | 22,454,694,132 | 100% |
Unless users convert, it just piles up. Nobody is converting when the price of SBD is above $1 USD. The debt ratio is not necessarily only going to go up though. It depends on the STEEM price too.
| author | timcliff |
|---|---|
| permlink | re-steemmillionaire-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t231947039z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 23:19:48 |
| last_update | 2018-05-28 23:19:48 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 23:19:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 197 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,186,476 |
| net_rshares | 0 |
This is a little tangential but I was looking at your github comments last week and saw you were interested in changing beneficiary rewards so they don't always pay out in SP. I just wanted to express my feeling that this would be a great change, and probably one that would get easy support. I hope that's something you will pursue adding to the codebase.
| author | tcpolymath |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t040410353z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 04:04:12 |
| last_update | 2018-05-29 04:04:12 |
| depth | 1 |
| children | 3 |
| last_payout | 2018-06-05 04:04:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.287 HBD |
| curator_payout_value | 0.091 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 356 |
| author_reputation | 72,516,729,960,969 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,213,933 |
| net_rshares | 93,907,634,566 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| leprechaun | 0 | 8,941,092,150 | 100% | ||
| timcliff | 0 | 65,639,498,779 | 9% | ||
| the-ego-is-you | 0 | 19,327,043,637 | 100% |
Perhaps instead of this change, maybe it would be better to just say, if the market value of SBD is greater than $1.50 USD pay 75% liquid/25% SP and with these current rules, the well paid bloggers can dump more dollars on the market.
| author | leprechaun |
|---|---|
| permlink | re-tcpolymath-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t113455394z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:35:06 |
| last_update | 2018-05-29 11:35:06 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 11:35:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 234 |
| author_reputation | 43,025,812,810,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,262,279 |
| net_rshares | 0 |
Working on it next :)
| author | timcliff |
|---|---|
| permlink | re-tcpolymath-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t043415663z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 04:34:15 |
| last_update | 2018-05-29 04:34:15 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-06-05 04:34:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.061 HBD |
| curator_payout_value | 0.014 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 21 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,216,963 |
| net_rshares | 19,161,753,314 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| the-ego-is-you | 0 | 18,929,912,604 | 100% | ||
| nazars | 0 | 0 | 100% | ||
| bunmipaul | 0 | 231,840,710 | 100% |
I like the initiative, but I haven't been convinced that anything should be done to restore the peg at all. I'm not sure we need anything more than a soft-peg.
| author | nazars |
|---|---|
| permlink | re-timcliff-re-tcpolymath-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180725t163029389z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-07-25 16:30:36 |
| last_update | 2018-07-25 16:30:36 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-08-01 16:30:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 159 |
| author_reputation | 4,285,898,825 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 65,949,565 |
| net_rshares | 545,472,571 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| nazars | 0 | 545,472,571 | 100% |
steemit price is aging coming down when will it bounce back
| author | teenovision |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t030929566z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 03:09:45 |
| last_update | 2018-05-29 03:09:45 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 03:09:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 59 |
| author_reputation | 1,282,682,099,259 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,208,821 |
| net_rshares | 0 |
To listen to the audio version of this article click on the play image. [](http://ec2-52-72-169-104.compute-1.amazonaws.com/timcliff__i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate.mp3) Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
| author | tts |
|---|---|
| permlink | re-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202326 |
| category | steem |
| json_metadata | "" |
| created | 2018-05-28 20:23:27 |
| last_update | 2018-05-28 20:23:27 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:23:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 416 |
| author_reputation | -4,535,154,553,995 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,571 |
| net_rshares | 0 |
Never knew there were some other stakeholders as well until I read this post. I hope the changes that you propose bring some positive outcome. Good luck @timcliff.
| author | ugetfunded |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t202340672z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:23:39 |
| last_update | 2018-05-28 20:23:39 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-04 20:23:39 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 163 |
| author_reputation | 13,570,875,538,010 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,167,596 |
| net_rshares | 0 |
Congrats with submitting your hardfork pull request, @timcliff! It's great to see development from outside of Steemit Inc., and I hope we will evolve into a platform where we see more community development. I don't know enough of the technical stuff to really know how this will affect anything, but I trust the witnesses to do the right thing for Steem when it comes to the voting. Best regards from @valth
| author | valth |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t060312038z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff","valth"],"app":"steemit/0.1"} |
| created | 2018-05-29 06:03:12 |
| last_update | 2018-05-29 06:03:12 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 06:03:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.245 HBD |
| curator_payout_value | 0.032 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 411 |
| author_reputation | 74,218,254,347,006 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,225,989 |
| net_rshares | 69,100,685,002 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 51,681,668,994 | 7% | ||
| hamzazaheer | 0 | 3,515,143,661 | 71% | ||
| annadoll | 0 | 3,446,867,468 | 38% | ||
| ioba | 0 | 10,457,004,879 | 96% |
Hey @timcliff, First of all you have my respects for the work you put into steem and the fact you are working to improve steemit from a community stand point is awesome. You are one of the names I read comments for under dev posts. For SBD do we need it to be a dollar? Would it be better to give it a use and let it go as high as it can. If the value goes up then people on steemit are getting two coins that are worth a lot and will make double the money. Unless there is a reason we are better off with a dollar coin?
| author | whatageek |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t002145287z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:21:36 |
| last_update | 2018-05-29 00:21:36 |
| depth | 1 |
| children | 20 |
| last_payout | 2018-06-05 00:21:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 4.141 HBD |
| curator_payout_value | 1.011 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 522 |
| author_reputation | 368,086,984,838,827 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,192,443 |
| net_rshares | 1,273,290,207,344 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kaylinart | 0 | 654,491,908,090 | 100% | ||
| timcliff | 0 | 56,192,407,932 | 7% | ||
| whatsup | 0 | 12,185,019,535 | 4% | ||
| mus | 0 | 32,908,541,519 | 100% | ||
| whatageek | 0 | 57,348,296,428 | 7% | ||
| jonny-clearwater | 0 | 460,164,033,840 | 46% | ||
| oetek10 | 0 | 0 | 100% |
Pegs don't work, won't work, never work. I agree that trying to keep something's value locked in at a certain exchange rate is pointless and history tends to show that pegs are meant to be broken. The only reason why SBD was originally designed to be a dollar is because the makers of BTS/STEEM thought they could be the shiny new dollar-pegged coin on the market that would draw all the investors who wanted something that could hold its value. Obviously that hasn't panned out very well for BTS/bitCurrencies and SBD, and every coin designed with that in mind has had its peg broken, or had to take extremely shady measures to maintain the appearance of a stable peg.
| author | charitybot |
|---|---|
| permlink | re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t021557103z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:15:57 |
| last_update | 2018-05-29 02:15:57 |
| depth | 2 |
| children | 6 |
| last_payout | 2018-06-05 02:15:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.714 HBD |
| curator_payout_value | 0.231 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 669 |
| author_reputation | 22,335,401,233,413 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,203,644 |
| net_rshares | 233,502,007,591 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kaylinart | 0 | 162,064,662,955 | 25% | ||
| mus | 0 | 33,608,723,253 | 100% | ||
| freiheit50 | 0 | 37,828,621,383 | 25% |
SBD are not "pegged" to a dollar in a traditional sense. They are redeemable for one dollars worth of steem. You can't break that kind of peg, if steem goes down in value you just get more steem for each SBD and if it goes up you get less. Obviously holding SBD has more risk than just holding a dollar because there is a chance that no one will want the steem at any price. that is why the SBD pay a yield for holding them. SBDs are much more like a convertible bond then a dollar pegged crypto.
| author | cryptoeconomist |
|---|---|
| permlink | re-charitybot-re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t183750244z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 18:37:54 |
| last_update | 2018-05-29 18:37:54 |
| depth | 3 |
| children | 4 |
| last_payout | 2018-06-05 18:37:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 496 |
| author_reputation | 3,189,552,994 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,319,578 |
| net_rshares | 610,232,272 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| cryptoeconomist | 0 | 610,232,272 | 100% |
No
| author | knircky |
|---|---|
| permlink | re-charitybot-re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180530t054206376z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-30 05:42:06 |
| last_update | 2018-05-30 05:42:06 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-06 05:42:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.553 HBD |
| curator_payout_value | 0.182 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 2 |
| author_reputation | 212,905,587,244,262 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,391,168 |
| net_rshares | 189,307,442,329 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| solenn | 0 | 189,307,442,329 | 100% |
Now that ive read most of these comments i still fail to grasp the point of SBDs, except that it adds more liquidity into the ecosystem. Why exactly is it trying to be pegged to the dollar? Whats the underlining purpose of that? Stability? I dont think you can have that. Couldnt you just have free flowing SBDs? Without pegging it, make it just a debt instrument? I know posts payouts would change somewhat, not sure what effect that would have, but i just dont see a point in peging it. SBDs dont have any use STEEM doesnt already fulfill for the average user. What i want to say is that i dont get it. I really do not get the peg.
| author | silentscreamer |
|---|---|
| permlink | re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t091335337z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 09:13:33 |
| last_update | 2018-05-29 09:15:03 |
| depth | 2 |
| children | 6 |
| last_payout | 2018-06-05 09:13:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 638 |
| author_reputation | 140,956,915,404,833 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,246,765 |
| net_rshares | 2,983,894,587 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kirkins | 0 | 2,983,894,587 | 5% |
SBD shouldn't even exist, it adds nothing. You could just used liquid steem for any case where sbd is used.
| author | kirkins |
|---|---|
| permlink | re-silentscreamer-re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t142908827z |
| category | steem |
| json_metadata | {"tags":["steem"],"community":"busy","app":"busy/2.4.0"} |
| created | 2018-05-29 14:29:09 |
| last_update | 2018-05-29 14:29:09 |
| depth | 3 |
| children | 5 |
| last_payout | 2018-06-05 14:29:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 107 |
| author_reputation | 40,750,987,805,431 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,284,771 |
| net_rshares | 0 |
This!
| author | steemitqa |
|---|---|
| permlink | re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t005801077z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:57:57 |
| last_update | 2018-05-29 00:57:57 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 00:57:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 5 |
| author_reputation | 22,135,803,163,402 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,196,002 |
| net_rshares | 611,752,726 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mascotogwu1 | 0 | 611,752,726 | 100% |
> For SBD do we need it to be a dollar? Would it be better to give it a use and let it go as high as it can. If the value goes up then people on steemit are getting two coins that are worth a lot and will make double the money. If we are going down this path, then why have SBD in the first place? Why not just simplify the system (since lots of people complain about the complexity) and just have STEEM?
| author | timcliff |
|---|---|
| permlink | re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t023951842z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 02:39:15 |
| last_update | 2018-05-29 02:39:15 |
| depth | 2 |
| children | 4 |
| last_payout | 2018-06-05 02:39:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 2.176 HBD |
| curator_payout_value | 0.713 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 406 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,205,914 |
| net_rshares | 712,148,390,155 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kaylinart | 0 | 162,064,662,955 | 25% | ||
| tobixen | 0 | 495,345,625,173 | 100% | ||
| the-ego-is-you | 0 | 26,078,271,209 | 100% | ||
| edb | 0 | 18,254,473,594 | 70% | ||
| guttormf | 0 | 337,439,646 | 100% | ||
| hhayweaver | 0 | 6,601,780,297 | 100% | ||
| katrina-ariel | 0 | 2,880,326,707 | 10% | ||
| toddrjohnson | 0 | 585,810,574 | 100% |
Exactly, I agree with this, we should get rid of SBD, it adds unnecessary complexity which most people do not understand. Post rewards should be in STEEM and STEEM Power only. The SBD peg to USD will never work as is designed. If people still want a coin on the STEEM blockchain that is pegged to USD an SMT can be created that works similar to BTS, but even that is not guaranteed depending on the economic situations that can occur with USD...
| author | dksart |
|---|---|
| permlink | re-timcliff-re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t133535600z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 13:35:30 |
| last_update | 2018-05-29 13:35:30 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-06-05 13:35:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.180 HBD |
| curator_payout_value | 0.054 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 448 |
| author_reputation | 32,753,488,498,649 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,277,117 |
| net_rshares | 58,659,703,794 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 32,977,990,824 | 4% | ||
| edb | 0 | 12,698,764,239 | 50% | ||
| cutemachine | 0 | 12,982,948,731 | 100% |
I think we should just have Steem. The peg use case seems to have failed. And like the other poster says above, pegs don't really work. Governments use them for completely other reasons. Meanwhile the complexity drives away many prospective users.
| author | tibra |
|---|---|
| permlink | re-timcliff-re-whatageek-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t063131306z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 06:31:30 |
| last_update | 2018-05-29 06:31:30 |
| depth | 3 |
| children | 2 |
| last_payout | 2018-06-05 06:31:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.786 HBD |
| curator_payout_value | 0.255 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 250 |
| author_reputation | 6,103,786,042,055 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,229,168 |
| net_rshares | 257,617,510,447 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kaylinart | 0 | 162,064,662,955 | 25% | ||
| timcliff | 0 | 51,682,977,559 | 7% | ||
| the-ego-is-you | 0 | 25,548,763,165 | 100% | ||
| edb | 0 | 17,989,916,005 | 70% | ||
| guttormf | 0 | 331,190,763 | 100% |
So according to this plan the value of sbd will likely go down closer to $1 but we will be receiving more SBD?
| author | whatamidoing |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t200712802z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:07:15 |
| last_update | 2018-05-28 20:07:15 |
| depth | 1 |
| children | 3 |
| last_payout | 2018-06-04 20:07:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.207 HBD |
| curator_payout_value | 0.017 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 110 |
| author_reputation | 186,276,751,633,766 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,165,776 |
| net_rshares | 56,019,449,255 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 56,019,449,255 | 7% |
The bad news is you would get less when you convert your earnings to bitcoins because for a given post reward that SBD portion would be worth less than it is to today.
| author | leprechaun |
|---|---|
| permlink | re-whatamidoing-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t114529842z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-29 11:45:36 |
| last_update | 2018-05-29 11:45:36 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-05 11:45:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 167 |
| author_reputation | 43,025,812,810,398 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,263,481 |
| net_rshares | 0 |
@whatimadoing exactly! You got it spot on! I've seen a lot of people complain about the fact that SBD that was supposed to be pegged to $1 no longer is, but I don't see why the complain, I think it's beautiful the price of sbd. I for one don't see the need to stabilize it at $1, it's even saddening to me @timcliff
| author | nevies | ||||||
|---|---|---|---|---|---|---|---|
| permlink | re-whatamidoing-2018530t222858578z | ||||||
| category | steem | ||||||
| json_metadata | {"tags":"steem","app":"esteem/1.6.0","format":"markdown+html","community":"esteem"} | ||||||
| created | 2018-05-30 21:29:00 | ||||||
| last_update | 2018-05-30 21:29:00 | ||||||
| depth | 2 | ||||||
| children | 0 | ||||||
| last_payout | 2018-06-06 21:29:00 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 0.000 HBD | ||||||
| curator_payout_value | 0.000 HBD | ||||||
| pending_payout_value | 0.000 HBD | ||||||
| promoted | 0.000 HBD | ||||||
| body_length | 316 | ||||||
| author_reputation | 152,058,962,119,644 | ||||||
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 58,500,325 | ||||||
| net_rshares | 0 |
Well it is not really possible to predict the value of SBD, but it will slightly increase the supply. Users will be receiving more SBD in the cases where it would normally pay out a portion of liquid rewards in STEEM instead of SBD.
| author | timcliff |
|---|---|
| permlink | re-whatamidoing-re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180528t201640079z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-05-28 20:16:00 |
| last_update | 2018-05-28 20:17:18 |
| depth | 2 |
| children | 0 |
| last_payout | 2018-06-04 20:16:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 232 |
| author_reputation | 272,954,445,077,789 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,166,752 |
| net_rshares | 0 |
This is a great development and thank you again for being an example. I was listening to a couple of witnesses complaining about SteemIt, Inc the other day and I asked why they didn't start to write some of the code also and see if SteemIt Inc would incorporate it into a drop. (fork) I don't have a strong opinion on this change to SBDs, but I want to give you kudos for being part of the solution and setting an example for the community. I'm really interested to see how this plays out! Thanks @timcliff!
| author | whatsup |
|---|---|
| permlink | re-timcliff-i-submitted-my-first-hardfork-pull-request-to-the-steem-blockchain-updates-to-the-sbd-print-rate-20180529t001323996z |
| category | steem |
| json_metadata | {"tags":["steem"],"users":["timcliff"],"app":"steemit/0.1"} |
| created | 2018-05-29 00:13:27 |
| last_update | 2018-05-29 00:13:27 |
| depth | 1 |
| children | 0 |
| last_payout | 2018-06-05 00:13:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.314 HBD |
| curator_payout_value | 0.074 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 512 |
| author_reputation | 519,839,651,581,670 |
| root_title | "I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 58,191,580 |
| net_rshares | 96,374,749,376 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 84,205,100,314 | 11% | ||
| edb | 0 | 12,169,649,062 | 50% |
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