Couldn't agree more. Seems like @Dan predicted more witness engagement which didn't happen. Witnesses are supposed to update the interest rates in order sustain the peg but very few do so.
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Couldn't agree more. Seems like @Dan predicted more witness engagement which didn't happen. Witnesses are supposed to update the interest rates in order sustain the peg but very few do so.
Thanks. I think @dan is quite brilliant and the design of STEEM (and others) are very good, but in this instance the design has failed. As any software developer will tell you, human behaviour is harder to predict than code ;)