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RE: I want to have my cake and eat it too! (No more powerful whales, and the price of STEEM must go up!)
@stellabelle proposed a "Social Energy" algorithm, that would consist of not just upvotes, but comments - user engagement- to determine some of the reward value. Whales creating a lot of little accounts would be less effective that way, because they would also need to do a lot of commenting with those self-created accounts to benefit from them.
It's not right that we need whale votes to earn decent rewards. If I write a piece of content that helps newbies and 300 newbies find it really useful and upvote, plus comment, then why is that worth zilch???
Exactly. And a new user seeing that 300 upvotes, in your example, is not worth zilch is not going to stick around unless they are a content creator, a minority of the internet population.
Stellabelle gets it, and I like this social energy algorithm. I would say that commenting should be counted separately from posting articles. It deserves it's own number. Upvotes on comments would create a score that adds to social capital or energy. If a bot is posting comments, it will lack social capital since nobody will upvote it. IMHO there needs to be a way for a new user to be able to rapidly ascend to a moderate level through a combination of creating content, social interaction, and curation. Someone who does all 3 things religiously should not be a minnow for 5 months, as many are.