RE: OPEN LETTER TO STEEMIT INC., THE WITNESSES, AND THE WHALES
the main thing that a 50/50 split author/curator does is it puts the "brain" back in "proof of brain". Currently what we have is "proof of upvote bot" or "proof of selfvote". Check out the content on the trending pages... all vote bots and self votes. The current curation reward payout is so low that even a very skilled curator, who spends a lot of time looking for quality posts, has a hard time making more than 2 SP weekly per 1000 SP of voting power. The financial return from selling your SP in form of delegation to a vote selling service is WAY more than that. 50/50 reward split would be great for minnows, there would be a lot more motivated curators specifically looking for good posts that nave little to no pending payout, because those posts yield good curation rewards. Check out @abh12345's weekly curation league reports to see what curators currently earn. It is peanuts.
I have slowly been dragged kicking and screaming to agree with you. This comment in fact is the best, most concise explanation of why the rewards for the curators are just as important as the rewards for the content creators.
Damn reason and good sense! I so want to retreat to my former position that it's ludicrous to value the act of upvoting a post to the work that goes into creating it, which seems obvious and incontrovertible on it's face.
The truth is that valuing the labor of creation of a work is a trap. It isn't the labor of writing that is of vaue, but the content of the ideas therein, and the act of delivering value to those ideas, curation, is no less integral to the process.
You sold me. I here publicly apologize to all the folks I've disagreed with on this matter in the past, because I was wrong. Thanks for planting the seeds that have eventually prompted my growth.
If curating aka voting early actually did move quality posts into visibility then I could get on board with the idea of splitting the author/ curation rewards 50/50 ... fact is, it doesn't. If you want to find quality posts you look at the posts of the curation projects that actually review posts for quality and posts about them.
Those projects put the brain back in the proof of brain not early voting.