You are viewing a single comment's thread from:
RE: Why I Advise Against Linear Reward
Thanks for a response. Good content are being rewarded greatly now from a few specific sources. The new system would leech off misterdelegation to put more in lazy curators pockets.
Yes I don't think someone that is unhappy right now will magically become happy with any system change. Since bitter people tend to stay bitter. As they are annoyed with human behaviour. 50/50 again implies that the curator do as much work as the high Stake holders. They don't. Content creators take the highest risk.
I would agree that your system could work if you want a level playing field. With no true empowered people. But I believe some content creators are 100x better than others in creation. And 50/50 would never attract them to stay.
This isn't about leveling the playing field between content creators and curators. I don't even see this as a fight between them. The goal is to direct rewards towards posts that the majority of stakeholders actually like.
First, 50/50 doesn't imply equal rewards to authors and curators. One person (author) gets 50% of the reward, and the rest is split among many curators. That split is then determined by two things: who curates first and the relative stakes (investment risk) of the curators.
Also, I believe 50/50 curation would end up rewarding those content creators that you think are 10x better more than the current system does. Because the current system just encourages self-voting over finding posts you like.
Thanks again for a nice response,
The majority I just think never will have a good taste. So a rule by the majority may have some benefits just as we see in the world. But I think it will lead to a waste of Steem into the wrong hands. I think it will lead to more mediocrity. A bit like welfare can have some benefits.
If a person just has 15,000 SP then they can simulate one 15% upvote daily from 2M SP account in ROI just by using promotion services. So the power is not in high Stake holders. Proof-of-brain has already outsourced Human curators role.
You can run your own show with just a few thousand Steem and don't even have to look at all the drama. People want to automate more that is very clear. Since it makes their life easy and frictionless.
Of course that makes Stake holders feel awkward in their role as they don't usually have a solid content strategy. They could care less about content many. It becomes artificial and fake to produce something daily if you are not passionate about something.
They should invest in content creators instead of trying to become one themselves by doing mediocre content. Investing in real human brains will give them 10-100x ROI instead of trying to chase small 10-20% boosts in ROI. If they invest in content creators they never have to expand energy themselves to write posts ---> More time over for bigger projects.
I rather have 1 million SP in 1 competent person than spread it out in 1000 mediocre people. 1000 ppl with more Stake may look good on paper. And I'm sure it may even make Steem value grow more than what it currently will.
I think the harder system is good right now since it creates discipline and creates people that values their earned Stake much more. The hard is what makes it great. If something needs to be taken care of and people have high Stake then it can be taken care of. If everyone is just mediocre then that would just breed confusion.