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RE: Announcing Steem 0.14.4 . Shared DB Preview Release
I disagree that curation guilds are a waste of time / bad idea. Curation guilds are a highly needed tool to help the community work together to better allocate whale voting power. This helps to address one of the core issues that is impacting user retention.
If the vesting withdraw period is reduced very significantly, the distribution of steem power will happen much faster and so curation guilds will quickly become useless.
Hmmm. Not so sure about that. The law of imbalance (80/20) can't be avoided. Re new buyers: 20% will buy 80% and 80% will only by 20%.
I could be wrong but does it still not erode value and incentive to accumulate SP? Doesn't this incentivize the accumulation of many small accounts to latch onto a guild?
They haven't posted all the implementation details yet, so it is hard to say for sure, but it will probably be something similar to how the Curie project works, just automated instead of everyone needing to use voting bots. There should still be incentive to hold SP because you should still be able to earn curation rewards from the voting that the guilds do with your SP.
My incentive is this... I like to evaluate the best possible outcome no matter if I am voting you, or you voting for me. If it is better for everybody then the question prints itself.
Yes and here's a personal example.. I as well as many others need help focusing on the real value of steemit, each one of us working together for one understanding truth. When we see whales or master levels then we tend to try harder while observing those who are closest to us- or those we admire. I also feel that each person brings a different set of values to the table making a steak dinner- A steak dinner with potatoes and lobster :D Seriously though, I like the builda-guilds.