#steemit

Back To "Normal"? - What I Think Happened - 262

@mysearchisover@mysearchisover (70)2910d

[source](https://www.marketwatch.com/story/markets-out-of-whack-investors-say-were-only-getting-back-to-normal-2018-02-09)

I think things are pretty much back to the new normal on the Steem Blockchain. Yes bots and most users are in Voting Power Recovery mode though.

As a reminder I think if you upvote before 15 minutes you are now "donating" to the rewards pool instead of helping out the author of the post.

I think what happened is there was some bad code so if you upvoted immediately before the fork it considered your 100% upvote to be worth 100% of your vote power instead of using up 2% so with one upvote you went to 0% instead of 98%. Unfortunately the full upvotes really only counted for 2% as far as payouts go. I think this is referred to as the "scaling problem". Update on Unexpected Voting Power Behavior I think what confused people was that Steemd was giving what the figure was supposed to be until you upvoted. I think a wallet transfer or rewards claim might have given a partial update to the new Vote Power total.

As far as the resource credits problem I'm guessing the bug was they either took into account all your resources you ever used or if you used the blockchain within 5 days of the fork you were using resources when there was none available according to the code so you went way into the negative. Probably the later. It appears that bug is fixed and I think voting and posting is back to normal but it will be interesting to see how the resource credit manna thing goes. Personally I thought the bandwidth feature worked "OK" but I think the resource credits are so Steem can have SMT's Smart media tokens and try and be like EOS.

If I was running things I would probably not try and move towards SMT's but I am not running things.

I'm a little bit surprised Steem is back up to around $1 but I personally expect it to fall some in the next month or two.

I think some of these bugs have brought forth some concerns such as are the developers competent, testing issues, who decides who the witnesses are etc. etc.

As I have previously stated if the price of Steem falls more there could be some challenges for Steem Inc to pay their developer team and hosting fees although they could be making money off of blocktrades and bots.

On a brighter note I think 15 minutes is better than 30 minutes. Hopefully it gets reduced even more at the next fork if there ever is another one.

Wednesday 9-26

#king 266.308 SP 3,172 VP

Comments · 6

@shortsegments(78)· 2909d
I think that Steemian who’s at 100% is pretty fortunate. I have a way to still at 71% after not voting for 2 days. The bidbots are not working or they are returning horrible Negative ROI 🤨 I hope the patch tonight works. I have two posts at 5 cents because none of the bidbots paid since HF 20, then when paid today it was pennies not dollars. I lost over 98% of my investment. Fortunately I only used the penny bots to find out what would happen. But they were my pennies 🧐 Just kidding 😂😆 I will be glad when we get back to normal, but fear this may drag on for a while.
@boboxer(46)· 2909d
A hot steaming mess of dog poop. I don't know about the other 399 steemit users, but I am not impressed.
@frankvvv(68)· 2910d
It this right? If my RC and Mana is recharged to 100%, I can only make 7 comments/day? I got 54 SP active. Not much, but a lot of people got less. So no one will be using Steemit anymore? (p.s. I won't be able to reply today, I'm using my only post allowance it seems):
@mysearchisover(70)· 2910d
@djimirji up!
@shortsegments(78)· 2910d
I couldn't post or vote yesterday it appeared on steemd.com that I had negatice RC so I think your premise of negatiuve RC based on usage the previous five days is correct and that has been posted by Steemblog witness as an explanation and the patch 20.03 is to produce resource credit debt forgiveness and return us to zero RC, which of course regenerate every day. So today with the patch HF 20.03 I can post again, but my voting power is still in the 18% mana range (The new term for voting power), which will regenerate on it's own or I can power up new steem purchases or buy/lease steem power and increase my mana, so I am waiting for 3 days and 19 hours to get back to 100%. Your mana power percentage and your resource credits levels can be found on steemd.com.
@queenmountain(67)· 2910d
I'm confused a bit. Where do you see your RC or MANA or whatever the hell it is? MANA is the name for another coin so that is confusing too. And how much steem power do we need to be able to do actions? To me if it's confusing, and I've been on here for 2 years, I could only imagine what a noob would think!