RE: Does the 7 Day Payout Period on STEEM Still Make Sense?
Hi Raci, you may be interested to read also a recent side analysis which relates in part to the 7 days windows by @miniature-tiger. https://busy.org/utopian-io/@miniature-tiger/an-analysis-of-lost-votes
I also think that the 7 days is a restriction that may create frustration from content creator publishing value from long-term information. For some topic, i sometime see a content creator reposting updated article and deleting the content of previous one. That's the only way for them to re-issue and gain some reward again but i'm not sure how far this can be seen as an abuse. For those sharing their artworks like novels, painting, music this is even more difficult.
I don't understand why we don't see much more hot news journalism onboarding and creating content directly on the blockchain. Steem looks like perfect tool to gain rewards and stay independent.
Hey there @dbddv01 thanks again for your valuable thoughts and for sending me this. I found the article really interesting to read and dropped my thoughts in the comments there.
In order to come up with constructive idea here : I think it should be possible to test out and simulate the effects of various configurations of the payout period (e.g 7, 30, or 90 days etc). Maybe this could be a feature of the new smart media token