Release Steem V. 0.12.0 - discussed changes in the new version of the blockchain STEEM will be a number of changes, for example, a new distribution of remuneration for the reduction of the
consideration received spammers.
Below is a look at a brief description of the changes that will come into force on 26 July at 18:00 GMT.
Disabling rewards for liquidity in the market
As it turned out, the reward system for liquidity have not achieved the desired effect. We disable these awards until, until we find a better solution. This should reduce the number STEEM liquidity in the market.
(Read more about the award for liquidity can be read here Introduction to Steem Rewards liquidity )
Restriction of compensation for posting
Each account can accommodate up to 4 items (inclusive) without any penalties on the day. The new system will reduce the premium for the additional posts placed in the current day. In this diagram you can see how will decrease your premium in percent after each additional post subject to a surcharge.
The new system is introduced in order to punish those who after 100 posts in the hope that at least 1 of them due to the viral effect will get a lot of money.
If you don't post more than 4 posts per day, you will not even notice the system. If you want to post more than 4 posts per day, you can earn more money if your posts are about the same quality. Although profitability will decline.
If you post more than 10 messages a day, and as 1 of them will receive a great reward, you will receive only 15 percent of the premiums that would be received for this post, if not exceeded the limit.
Comments on no time limitation do not apply.
These changes primarily aimed at improving the quality of Content rather than increasing its quantity.
Prevention of attacks such as Sybil attack"
The main thing to prevent this type of attack on the algorithm that the users will see their content in your feed. The tape will be filled with people they signed. Users will be limited to the maximum number of people they can be signed.
Spammers who try to circumvent the time limit for posting will see that most of the users does not see his posts.
The change in the timing of payments
Initially the shares awards for post paid 24 hours after the vote. We are introducing a payment 12 hours after the start of voting. As a result of rotation of posts in the "trend" will be faster. Most of the Content will continue to accept payments within 24 hours from the date of publication.
We have also introduced additional remuneration. Within 30 days after the first post, the payment can raise new voices and at the end of this period is the last and final payment. This will allow posts that don't have a direct viral effect of the accumulation of votes and will be able to receive money in the long run. Users can vote for the post and comments to it, but they won't have any power.
The inability to edit after the first payment
To protect the column from fracture, there is no way to edit them after the first payment. In the future, the authors will be allowed to change your post.
The impossibility of commenting on posts after the second payment
After the second payment off the ability to write and edit comments.
The necessary constraints
STEEM is growing rapidly, and with it grows and the number is generated and placed in the contents of the blockchain. It is important for us to carefully manage the amount of data in consensus with the bloccano. Making stories and discussions, are immutable, we can exclude them from consensus.
Custom action power
Despite the fact that the system will prevent the creation and editing of comments after the second payment will be available a number of user actions, allowing the authors to make adjustments in their posts. These changes will be made regardless of the payment method.
We fully recognize the importance of the position change at any time, the possibility of endless discussions and other things. These things can be implemented in the form of additional functions, but since they do not affect the distribution of awards, they should not be part of our current consensus.
Various bug fixes
This release contains a number of fixes, such as more accurate transaction history. This should eliminate some of the problems faced by the exchanges at the moment.
A more detailed list of changes can be found here:
https://github.com/steemit/steem/releases/tag/v0.12.0
Original post here:
Steem Version 0.12.0 Released
With some modifications the same can be found at the link
Steem Windows wallet and miner V0.12.0