Power down period on Steem now reduced to 4 weeks. Are you powering down?
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What a day was yesterday!
I don't even want to begin to imagine how it was for those directly involved, I watched it from "miles" away and it was thrilling.
If you still don't know what was going on, here are two good reference points (before and after):
https://peakd.com/hf23/@fredrikaa/justin-sun-claims-steemit-inc-is-not-involved-in-a-hf-that-they-re-in-full-control-over
https://peakd.com/steem/@apshamilton/justin-sun-thwarted-a-white-knight-saves-the-steem-stolen-by-hf0-23-by-sending-to-bittrex
I'm not going to reiterate why HF23 on Steem was bad. Many others did that. What I can say is thank you for the free publicity and for validating my decision to move here on Hive from day 1, even if I haven't always agreed 100% with all decisions being taken.
There is another piece of HF23 on Steem that works in favor of the Hive community, I believe: the new 4 weeks power down period.
If you are already powering down on Steem, there are two possibilities:
- you already received at least 9 weekly power downs, with at most 4 remaining; in this case, you should continue with the power down, it will end quicker.
- you received less than 9 weekly power downs and you still have 5 or more remaining; in this case, the best choice would be to cancel existing power down and start a new one, because it will end in 4 weeks instead, which is quicker.
How do you know how many weeks of power downs do you still have?
To be honest I didn't know how myself, but after a search I found this tool. It tells you the week of the power down period you are in, along with with other relevant info about your power down. No need for private keys, obviously.

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