You are viewing a single comment's thread from:
RE: Suggestion: Creating a New Curation System to Incentivise Upvoting Minnows and Creating Long Lasting Content (Part 1)
I believe the break down is 75% author/curation, 15% infaltion to SP holders, 10% witnesses
Interesting proposal.
I am not a fan of reducing the author content....you reduce that too much and the content (quality) could diminish. They are already reducing it in the next hard fork...we are going to see the author not get paid until 15 minutes in....as compared to immediately.
Giving others incentive to upvote those with lower SP is a good idea. I am not sure Rep is the best case use...although it could well be.
I would go with the MVests more as a barometer to base the system upon.
The point of reducing author rewards is to spread the rewards out! I think by reducing author rewards and increasing GOOD curation, quality content is promoted and if you're producing consistent good quality content, you should see a massive increase in reward as curators earn more from curating your material! As for the next hard fork, where is this information? I have not heard of this!!
If by MVests you refer to Steem Power, then I think it may not be a good idea. That discourages minnows investing in Steem (buying Steem with bitcoin to power up) as it would make their content less appetising to curators. Rep (the number, not the level) is directly proportional to the amount of SP you've earned via posts, thus reflects how many upvotes you've gotten (plus the weight of the upvotes).
Thank you for your feedback and your resteem, you're a man of your word! Consider myself an avid follower of yours from today :)