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RE: Elimination of Curation Rewards
The part about paying SP holders a fixed interest in place of curation rewards is basically what is being proposed.
Reputation based on voting is an interesting idea. I don't know how it could be done though. It seems like a challenging problem to solve.
My apologies, I didn't realise that. I do think it important that it would have to linear though. Otherwise it wouldn't really incentivize buying STEEM and powering up. If you need to have over a million SP to be getting interest worth your investment, which is pretty much how it is with curation at the moment, then I don't think very many would bother to power up.
As for the reputation thing.. My technical knowledge is very limited. I hadn't realised it would be a very difficult task. I thought it would be as simple as changing something in the code from value=STEEM power to value=Reputation.
Lol. This is how little I know of coding. Just felt like sharing an idea that popped into my head.
As far as it being linear, that would be the plan.
Still a cool idea :)
Nice.
There has been quite a lot of great ideas posed recently. I'm rather intrigued and equally excited to see what happens in the near future.
Me too :)