13 weeks for a full power down...let's talk about it.

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What I like most about Steem is that it feels like an entity that is evolving day after day. That means that the bones and flesh of this blockchain are people who either develop the chain and build apps on top of it, or average people who prefer to blog, read and curate.

But just because it is consisted by people and not by some sort of IT, quite often there are flaws.

The good news is that we keep improving or even eliminating these flaws / bad attitudes either as a community when it is in our hand, - aka bid bot abuse etc - or devs take care of it, and make the chain perform better by executing HFs when necessary or by implementing little code details that make everyone's journey a little more pleasant.

Of course some people think that by executing one HF after the other is a sign that our product isn't well designed in the first place and we are just trying to figure out how will we make this project more competitive....compared to the thousands of projects out there.

I one the other hand like to see it as a way to "touch" perfection, if that's even possible.

The bad news is that just because there are thousands of people with different perspectives and opinions around here, there are conflicts of interest and rarely everyone is happy. But there is one specific matter that need to be discussed in depth. One that more likely everyone agree that it might be a burden...

And that is the 13 weeks required for a full power down.

I clearly remember @theycallmedan mentioning in one of his vlogs that despite the fact that he has really powerful and wealthy friends would be interested to invest in Steem and power up their Steem holdings, they don't. And simply prefer to either trade it or get involved in something else.

Why? Because 13 weeks in order to have your funds available and be benefited at any given time when prices start going up which is one of the fundamentals of investing, feels like an eternity. Things can change within minutes. Just look at what happened with the price of BTC the past 48 hours. Almost 40% up.

Some people had massive profits the past two days just because BTC is "liquid." You really think that they would have been benefited from this spark in price if for some reason they were "obliged" to have their BTC holdings staked?

I know, I know...nobody is forcing anyone to stake their Steem tokens, but the platform is designed in such a way where unless you do so, you have zero influence around here. So it is a double edged knife...

I know that the time required for a full power down used to be 2 years...But even those 13 weeks are way too long...And at some point we need to see if this parameter has helped Steem over the years or not. And judging by "our" marketcap, the price, and the daily activity I would say that perhaps we need to take under consideration that it might have played a negative role in Steem's overall performance.

I think that anyone should have their funds available within one week. I was studying how one of the most successful Tribes in terms of price and volume too operate the other day. I am talking about the @sct Tribe and you can read everything you need to know in @dalz's extremely well written report regarding the Steem Coinpan community.

They think it's wise that people should have their sct tokens available really quick, therefore only 3 (three) days for a full power down are required. Judging by how the @sct coin doing...I think that they are on the right track.

Maybe we should learn something from their tactic?

Have a great one everyone.

Cheers.