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RE: Make Steemit Great Again: Fork This Place!

in #steemit8 years ago

Because I do not have very much knowledge about what is happening with the blockchain outside of steemit.com, my opinion is based solely on my experience here. There could be a master plan that I don’t fully understand.

But according to my observations of steemit.com, I would like to see a hard fork only address one issue at a time. By making several changes at once, it is impossible to tell which of the variables lead to a positive or negative result.

Personally, I think a flattening of the reward curve would be the best place to start. If more people felt emotionally invested in the platform, we would see more activity. It may seem silly, but if a new user could actually see their vote reward a post even .01 it would go a long way to creating this emotional investment. People like to feel like he/she matters. When a new user sees other people giving .01 for a vote yet theirs does nothing, it can be disheartening.

It would also encourage people to hold SP so that their vote would increase in value. Currently, there seems to be very little difference if one holds 500 Sp or 5,000 SP.

If more people control votes that matter, more content creators can get rewarded. If more content creators get rewarded, they will stay on the platform. They will create a variety of content that non-members may find interesting. Perhaps some of these people will choose to become members and create more content and continue this snowball effect.

After testing this flattened curve for a while and judging its success or failure, the next change could be tested. Perhaps that next change would be one from this list, one from the steemit inc list, or a new change inspired by the information gleaned from using a more flattened rewards curve.

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But according to my observations of steemit.com, I would like to see a hard fork only address one issue at a time. By making several changes at once, it is impossible to tell which of the variables lead to a positive or negative result.

I tend to agree. I'd rather see more forks with less changes than less forks with more changes. And I think most of the witnesses agree with this as well.

The biggest issue I have with the new fork proposal is that several of the changes just seem completely arbitrary and we won't know what changes made a difference, or if one change cancels out another. And I realize that my proposal consists of at least five changes, but those five are all inter-related and some of them can't be implemented on their own because they would just distort the rewards mechanisms further in the wrong direction.

I do agree that flattening the curves should be the first step, however. If we can do that and the results are good, then we can move on to the other options, if necessary. In any case, the curation rewards need to be improved and increased. It's the only purpose for holding STEEM/SP and it's the only non-speculative driver of demand, which STEEM is sorely lacking.