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RE: Understanding Steem's Economic Flaw, Its Effects on the Network, and How to Fix It.

in #steem6 years ago (edited)

Narcissism of small differences is a name of a study

I know the reference and was simply building on it to make a point! I was not personally offended but I appreciate the clarification.

If we cut something on one end, we'd likely need to up our dosage of another poison elsewhere

I would agree with this, but we simply don't know the necessary dosage overall. If you have done some sort of research to support that, quantitatively, your prescriptions in each of the three dimensions you propose as well as the combined effect result in some optimal outcome, you haven't shown it. As far as I can tell, you along with everyone are just guessing when it comes to the question of 'dosage'.

In that sense I would also agree with @blocktrades that it may be sufficient to be conservative in making too many changes at once and try just increasing curation first (even without downvote changes, which as you know by now are my personal view on the most important dimension here, by very, very far) and see what happens. If that doesn't produce the desired effect then we can consider how to up the dose in the most effective manner.

HF20 made some very modest changes and it has apparently had an observable effect in terms of dust farming and spam. That's a good thing, and not necessarily a bad approach to continue (making incremental changes, one or a small number at a time, so we can observe their effects).

This is why I am very grateful for your help smooth, despite our small differences in opinion

Likewise, and I absolutely agree that the lack of any sort of action on the clear failings (other than the very modest changes in HF20 which took an absurd 1.5 years to be deployed after being designed) is a travesty.

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