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RE: Details on Proposed Comment Reward Curve

in #steem8 years ago (edited)

Maybe N SQUARED is a feature and not a bug... The free market is currently finding the value of what STEEM is worth in spite of the highly visible selfish mining syndrome which plagues all communities. If one of the biggest whales like Smooth says he hates this proposed change, then I'd wonder how bad he hates this change as a shareholder. In other words, If I was a whale like Smooth, and someone took my cheese away, I just might shrug and leave.

https://steemit.com/steem/@steemjesus/1-good-thing-about-steem-is-that-the-weak-arguements-fall-away-so-fast#@gtg/re-steemjesus-re-

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I think you misunderstand. I'm very much in favor of a flatter reward curve, but it should be for all posts and not just comments, there should not be a fixed percentage allocated to comments (which could very well be either too high or too low, or even both at different times) and posts and comments should be treated equally with respect to curation rewards.

Curation of comments is nowhere near the same importance as curation of posts. Rather than seek more ways to generate more steem, why not start thinking about what makes steem more valuable to people as a whole. 38% isn't really a cut if you consider what good it could do for the price.

It is very unclear to me that any of this has much effect on the price but if it does then flattening the entire reward pool (including comments) with one system that is less complicated and confusing would likely be more positive.

Agreed but who is deciding the road on what happens @smooth - who are the ones with the POWER within the company that drive the steem ecosystem? Not speaking about the people on top of the company to the public world here. Any hint would be cool - sorry for asking but I work in PR