Hello, steemians. I continue my story about Golos. For those who don't know - Golos it is a fork of Steemit occurred in 2016. It has become a starting point for a separate trip of the Russian-speaking community.
One of the main reasons for this was the quadratic function on Steemit. With light weight, it's incredibly hard to get into the top positions and to be noticed by the Whales.
ICO Golos has collected more than 600 BTC. Incredible success for the project in Russia. However, Golos still had the same quadratic function as Steemit, whose community realized the scale of the disaster and moved to the linear function.
Euphoria from a successful launch, pushed aside the adoption of a linear function on Golos. Current Affairs and many plans of the founders. However, the joy could not last too long. There were problems with a large investor - a community of businessmen. They had a lot of weight on the platform and could use the flaws of the quadratic function. The power struggle was not resolved by changing the economy and the blockchain code. A discussion of persona and flags. This led to the withdrawal of a major investor. The community of young businessmen decided to launch a separate project.
Long three months of tokens on the stock exchange and constant pressure on the rate. Let's see what a token rate history looks like. Golos was waiting for another test, but later.
Throughout this period Golos lived with a quadratic function. The long-awaited hard fork that brought the familiar to all of you linear function occurred two weeks ago.
Take a look at the characteristics of the blockchain itself:
I am sure that Golos can be attributed to the well-known saying "Russian long harness, but quickly go" first Steemians already on Golos, buy tokens and increase Golos Power. I am glad to welcome them to Golos. In the next post, I'll tell you about the characteristics of the community and the second wave of the crisis, which brought about a fall in value.