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RE: Steemit needs a way to create unique communities with custom rules and voting incentives.

in #steemit8 years ago

The users of a channel would give up their rewards to a smart contract. This contract would coordinate the votes and money and give it back to the posters. This way each channel can have their own voting logic.

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So essentially locking up the funds in a smart contract so a bot would use the money to make said money into more money? That can be done by individual users doing crowdfunds or a smart contract platform like rootstock is to bitcoin. I don't think it's nessesary to add trustless smart contracts to steemit, because that idea is lacking in research and development.
Just look at ethereum. It has only like 3 working DAPPs so far. There isn't a need for smart contracts currently.

I've found, that using smart contracts may possibly be not so bad idea. Depending on the implementation of course.

If we were to have a steemit upvote button next to each porn video on redtube, we'd either need bots to create the posts for us or some kind of smart contract network layer. I wouldn't know anything about the latter, since I'm not that familiar with smart contracts. I find that all of this is currently semi workable with automation bots(lots of spam). Each platform could have their own megathread, so'd they wouldn't bother others as much.

I tried explaining my concept trough gaming in this post:
https://steemit.com/games/@ubg/how-steemit-could-change-the-gaming-industry

I may have unconsciously developed that idea from you. Thanks if this is the case.