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RE: Bid bots aren't the devil and neither are Linear Rewards

in #witness • 7 years ago

Just to be clear I think N^2 is generally better, but not with the current distribution of Steem. If we had a more standard bell curve for steem distribution then I think N^2 would be better. Right now it's a hocky stick, and a hockey stick squared doesn't work for curation.

7 years ago in #witness by
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     7 years ago 

    Just to be clear I think N^2 is generally better, but not with the current distribution of Steem.

    Glad to know that, although I disagree with the second part of your statement.

    I hope we can get to some understanding.

    Giving away free Steem is devaluating the whole platform.

    How is giving away free Steem better than letting stakeholders sell their Steem to market price?

    There are people ready to buy those Steem, how does giving them away make them anything else than less valuable?

    In a world with honest people who don't vote on themselves to get "free money for nothing", a simple linear curve, aka n would produce a 1 share 1 vote proportional payout. @steemitblog - (link)

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