RE: The Problem with PAL and Ponderings
You can vote from any interface you chose. If you have staked Pal and the person you vote on is using the palnet tag, you will distribute Pal to them.
Your pal voting power is only used if the person you're voting on has the palnet tag, so if you vote for something on Steem and the post doesn't have the Palnet tag, it doesn't waste any Pal voting power.
Nobody has an advantage over anyone else, if you want to be eligible to earn Pal, just use the tag, that's pretty simple and open to anyone.
So those are the facts and hopefully clears that stuff up, so what's the draw?
To me it's a couple things, one it's a filter.
For the most part it's filtering out people that aren't really engaged in the community and if you're a part of that community, it just gives some focus.
Another thing is that it has better distribution. The majority of the stake in Steem is tied up in bots, so the distribution sucks. On Pal there's a new distribution and the newly minted Pal is being distributed in a healthier way, at least right now, hopefully it continues, but yea it's still brand new.
Activity. People are actively working on the frontend and developing new features. That's exciting as Steemit hasn't changed in years.
Different economics. They're doing the 50/50 split and I think it's working out great there, not sure if Steem will have the same results as it already has so many well established exploits and methods of gaming the system, but here it works well I think. Also all your Pal is paid out liquid, which I like.
But then what happens when there's 10 or 20 or 30 or 100 different communities, all walled off, giving their own coins?
Well hopefully this got cleared up above, but they aren't walled off. Palnet is a "general" content community, so let's say there was a Tekken(the fighting game) community and an art community, I then create some Tekken fan art, then I could use the palnet tag, the tekken tag, and the gamr tag and earn rewards in Steem, PAL, TEKKEN, and GAMR. I don't know about you, but that sounds fucking awesome to me. Not to mention Steem Engine ties all this together and if one of these communities is my "main" community, I can easily trade these tokens for other community tokens or for Steem, or even for Bitcoin.
I can't understand how any of that would be bad for Steem. Every new user will need to hold at least around 50-100 Steem for RC reasons, so yea, it's good all around.
Thanks for clearing that up!
There is still somewhat of an incentive to use PALnet though, so you award with your PAL, which does mean that you're possibly ignoring friends not using PAL.
I think it might be a good idea for front-ends to choose to distinguish posts using these tags in the future as well. Lets say a big number of users start using PAL, people involved in PAL might want to recognize posts by those users so they upvote them and reward them more.
There is already a real advantage to use PALnet or just it's keyword. That in turn means there's a disadvantage for those not using it. When we do have a ton of different communities, it might mean that the community is segregated into a ton of different smaller communities. If they bring in a ton of new users who each hold their own Steem Power, it will be good for Steem...but if a bunch of people are all focusing on their own communities, it might mean it will be even harder for people that aren't part of those communities.
Of course, being able to use whatever interface you want and still award PAL or whatever token is great...but there is incentive to vote for PALnet posts, and there will be for similar communities in the future. I feel like there is a risk that people may be forced to post in these communities to have a chance to earn. Maybe it will be fine...or maybe we'll end up split apart and parts of our own teams, with some major benefits and problems depending on which you belong to or post in.
? I'm confused. Maybe you're misunderstanding, but you can award Pal from any interface, the only incentive to use the Palnet frontend is if you want an automatic filter of only people using the palnet tag. There is no economic incentive to use it.
I've already suggested this to Steempeak and I think they're working on something along these lines.
Well, that's sort of like saying everyone who declines payout is at a disadvantage to the people who don't decline payout. Yes, I suppose that's true, but there's a simple solution, don't decline payout(use the palnet tag)
Couple things, so if you post something on Palnet, it still shows up on the main chain, so again, these communities aren't walled off. If someone just goes to Steemit or Steempeak, they'll see posts from every community. But the other thing is I think this is desperately needed for Steem. Currently Steem is like Reddit without subreddits. That's why it's so hard for each user to discover relevant content. It will definitely(IMO) be MUCH better when there are tons of niche communities.
That's what I was saying. There's an incentive to ensure you're voting for mostly PALnet users.
There should be communities. And I think Steemit kinda dropped the ball on developing them. I guess they were waiting for SMT's. Who knows. Not like they're very communicative. Communities need more than just their own coin though. I don't think that's necessarily a requirement in fact. Mainly they need communication tools. I don't think this is the way to go about making them.
You have said very succinctly what I have been thinking about all this. Thanks for that.
I think saying 'well people will only vote for PALnet content' is like saying people will only vote for X content. Good content. Fiction content. Gaming content. Crypto content. I thought that was the point of tags. Find things you are interested and help tag it as good or Interesting by voting.
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Cool that's exactly what I thought as well, thus I used a weedcash and palnet tag yesterday. Combos are the way to go
Damn, you have explained it all. This should be enough to create a post about it. I mean your well expained explanation reply