You are viewing a single comment's thread from:
RE: What do you believe? The Game Theory of Steem, Part 5
The cap wouldn't be a fixed amount, that would have splitting implications. Just a % return on the year based on steem power. Lets say a 30% increase on SP due to curation. So if I have 1000 SP at the start of the year I'd only be able to have 1300 at the end not including compounding or inflation. Capping weekly.
I like that idea, it seems like its getting more and more difficult for people to get noticed these days. Maybe it could be paid partly through the curation tax?
Ohhh, I get it. That might be workable - so your idea is that you'd just earn until you hit your cap, and then the curation rewards would stop accruing? I wonder.
You are right that it's getting more difficult for people to get noticed. But that's not because there's any problem with the reward algorithm. It's because there are more and more people posting on the platform! This is why those who upvote good content early on get rewarded more...because they perform a valuable service that helps separate the wheat from the chaff, thereby elevating good content into the view of others that might otherwise miss it. And I don't think it matters whether people are upvoting what they like or what they think others will like. Both add value to the process of elevating content others may like.
There are always exceptions, but overall the process works well. And users who aren't getting noticed have to consider the strong possibility that they are not good enough content creators (at least not yet) and that perhaps they should instead be focused on curating and commenting on the content of others. This will give them an opportunity to build up their steem power (and therefore their influence and reputation), while also improving their writing skills. If/when they try their hand again at creating a post of their own, they will have a greater chance of getting noticed. And of course they may have to go through this cycle multiple times. But there's nothing wrong with that. The system works!