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RE: Blockchained: The End of Financial Freedom
What problems does HF 20 promise to fix? IMHO, bid bots will kill Steem's value if not dealt with.
What problems does HF 20 promise to fix? IMHO, bid bots will kill Steem's value if not dealt with.
IDK that any promises have been made to fix a specific thing, but the next fork would be the time to fix problems with the site. Bid bots and self-upvoting seem to be the two biggest problems. People running the bid-bots are basically ripping everyone off, and ruining Steemit. The only way to profit from a bit bot is if the ROI is close to 210%. anything lower than that, and you lose money. Everyone using bid bots loses their SBD/Steem. The quality of posts goes down, and those running the bid bots make hundreds of thousands of dollars.
I totally agree. Bid bots are a short sighted profit grab that subverts the potential for long term gains and ascent of the platform. It is the current mindset of our culture. The future looks bleak. It's a sign of the times.