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RE: @snowflake's really interesting proposal - Turn whales into moderators and give dolphins all the voting power (TLDR Version)

in #steem9 years ago (edited)

There is still a ladder to climb. Earning (or buying) 100 MV of Steem Power is still a lot. I've been working very hard here for almost 6 months, and I have 32.3 MV. My vote is worth about a penny.

I'm happy to keep climbing, but I'm weird like that :) I don't think that many mainstream users are going to stick it out for so long just so they can add a penny of rewards.

I think that the reality is that the current ladder is just too steep to incentivize regular users to become an integral part of the platform. If you have to work your tail off for a half year just to have 1 penny of influence, then what's the point?

The platform is still in beta, so now is the time to change things if they need changing.

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This formula must change
Either make the climb less exponential or experiment with polynomial that allows a quick rise to 1c then asymptotes at dolphin level

I want to keep climbing too and for some reason I've never met a hill too steep to climb.

I'd suggest, rather than the voting power steadily increasing, once it hits a certain plateau, the steady increase becomes more gradual until the whale's vote hits a "maximum".

The problem with a gradual taper is it creates a clear incentive for people to create multiple accounts.

You'll still have your hill :) You just have a point to reach where you will be at the 'top'. You will also get a lot more reward for actually getting there.

Try to look at it from the perspective of a mainstream users. I know you and I don't have a big issue with putting in a ton of work for very small incremental gain, but it is a big turn-off to the platform for the majority of users.

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