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RE: Proposal: reduce Hive inflation by reducing curation rewards

in Hive Improvement4 years ago

Hypothetically speaking if inflation would be lowered by lowering curation rewards, wouldn't it also make sense to lower the current power down period? A lot of the incentives to lock them up might be gone this way.

I'm going to need to think a bit more on this one, especially the abuse that could spring up as an effect.

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Yes, I think there is an argument for that. One possibility would be to lower it to 1 month. I belief this idea had a decent amount of traction from stakeholders in the past.

why not 2 weeks?

Government voting after 4 weeks stacking. I see no problem with it.

All the Numbers with Powerdown are so Random all the time. We should get close to that point it makes the most sense.

"dump prevention" means also "power up prevention".

People let there power in the system if they can do something with the power.

Delegate / sell Rcs. Use it in smart contracts, Empower Smts and so on.

To be real, there is close to no reason to power up Hive in a large amount.

a lot of Rcs are close to useless.

There is some code written for RC delegation now, but it still needs review, so the plan was to consider its inclusion in the next hardfork.