You are viewing a single comment's thread from:

RE: A case for eliminating curation rewards

in #steem9 years ago (edited)

However, there is no feedback on one's voting itself, and there is no costs from voting.

Except...this isn't true. If one continually makes bad votes, then they risk losing out on curation rewards because other voters may likely disagree with their choices. The result of that is not earning a curation reward and the cost is losing that voting power.

Let's not continue to make arguments based on the skewed results we see today due to disproportionate pre-mined stakes and imbalanced incentive structures. Why do some people continue to confuse cause and effect?

Sort:  

The result of that is not earning a curation reward and the cost is losing that voting power.

That's true only if one makes very bad votes 40 times everyday. If they do not make such a mistake, there are some profit.

Let's not continue to make arguments based on the skewed results we see today due to disproportionate pre-mined stakes and imbalanced incentive structures.

Many for-profit bots are from non-pre-mined accounts. Curation reward is a separate issue; not heavily related to fairness but related to wrongly designed incentive system.

Coin Marketplace

STEEM 0.09
TRX 0.30
JST 0.034
BTC 111798.39
ETH 3959.00
USDT 1.00
SBD 0.60