RE: Steemit Update: HF21 Testnet, SPS, EIP, Rewards API, SMTs!
100% of liquid rewards are being distributed among delegations.
So it's set up in a way where investors would have to take the fall.
That's concerning because if someone were to promote a ponzi, your investors get thrown under the bus.
Correct. But it depends of course how exactly the plagiarism was used - was it quoted as part of a blog post; or was it blatant plagiarism.
Plagiarism is plagiarism. Fair use is fair use. There are laws in place that define these things. That incident I'm talking about was plagiarism, you agreed. It's illegal to make money in that fashion.
Anyway, I won't take up any more of your time today.
You have yourself a good day and let's see where these future changes take us. Hopefully to a better place. There's something we can both agree on.
No. Delegators were already paid out. There are some cases, where refunds had to be made, but that was usually being done by Smartsteem taking the loss.
Yes. Have yourself a great day too!
Okay. Thanks for clearing that up. Later!
I dunno why but I doubt this statement:
I'd like to believe that @smartsteem will deduct any accrued losses due of unvoting from the future payments to its delegators.
I remember once it deducted its losses to the degree of some cents or small fractions of it accrued over a period of about a year (that added up to a total of few SBDs and STEEMs) from the amount I sent it for promotion.