Maybe if bot voting is just 30% value of reward comparing to reward of real person voting, than people will reduce or even quit bot voting. I'm using bot too.
If curation rewards are gone then there are no incentives to hold Steem Power or to vote for others.
If curation rewards are removed sure bots will have no purpose to stay but then there would be no use for holding SP and that is bad for steem to rise.
I understand, but then you take out steempower too. People would hold STEEM for it's future value just like bitcoin. The amount of Steem you have would give you influence on the network.
Removing bots in a decentralized system is not possible*, all we can do is change their incentives. I don't believe removing rewards would eliminate them anyway, it would just change bot voting incentives to other purposes.
* Or at least the captcha systems used today do not translate to decentralized systems.
Curation rewards is the fuel for activity, so it is not going away.
(Voting) bots are the means to maximize personal profit by outsmarting the rest of horde by automatization.
Question should be, would there still be bots if EVERYONE would have them by default? Because THAT would null the advantage and everyone would be equal again.
And there are other kind of bots that bring interesting value I guess. Crawling content automatically and give interesting insight and narration to humans.
Bots? I Think this is the most important driving force of this
Maybe if bot voting is just 30% value of reward comparing to reward of real person voting, than people will reduce or even quit bot voting. I'm using bot too.
testing comment from Chain bb
There are bots on twitter, automation is the future. #bottertogether
If curation rewards are gone then there are no incentives to hold Steem Power or to vote for others.
If curation rewards are removed sure bots will have no purpose to stay but then there would be no use for holding SP and that is bad for steem to rise.
Some of the newly created STEEM goes to STEEM Power holders.
You get an 'interest rate' on your STEEM Power.
However, I agree that it would give less incentive to hold SP.
Yes exactly, and if we go more fare, maybe we can't reward without curation so... why are we going to stay in steemit? ^^
I understand, but then you take out steempower too. People would hold STEEM for it's future value just like bitcoin. The amount of Steem you have would give you influence on the network.
That would be cool. It would somewhat like a PoS algo. But it would be 2X easier to dump when the price is high.
Bots are the reason that makes the curation rewards bigger.
It's actually a good thing that there are bots.
wrong question
If there were no bots would curation actually mean something?
Removing bots in a decentralized system is not possible*, all we can do is change their incentives. I don't believe removing rewards would eliminate them anyway, it would just change bot voting incentives to other purposes.
* Or at least the captcha systems used today do not translate to decentralized systems.
change their incentives
BINGO
you nailed it @everittdmickey !
Curation rewards is the fuel for activity, so it is not going away.
(Voting) bots are the means to maximize personal profit by outsmarting the rest of horde by automatization.
Question should be, would there still be bots if EVERYONE would have them by default? Because THAT would null the advantage and everyone would be equal again.
And there are other kind of bots that bring interesting value I guess. Crawling content automatically and give interesting insight and narration to humans.
LOL, kick the bots out. Let's make it fair for everyone!! I really wonder why voting bots are there on Steemit, when it is all about human community.
Don't say that, Bots have feelings too. :(
Hehe!! Some people say animals also have, but then.......
Bots should go regardless.