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RE: What's Important to Steemit’s Longevity? - Inspiried by @anyx ‘Tragedy of The Commons’
currently all favors only few people to get post rewards:
- Curation rewards encourage to vote for same persons
- This leads to make to post trending, which leads to more votes / payouts
- the exponential payout algorithm increases this problem exponential
- minons don't have any significant voting power and most wont get one
What could we do to evolve?
- Limit curation reward per user per time period lets say 30 days
- display active posts as default and or choose the posts in an lottery like style - more voting power behind the post greater change to be chosen
- Use linear post payouts - Self voting is not that big problem as expected, at worst its like paying to yourself and on top of that you have much too loose / get flaged or shadow voted
- give out some universal income in Steem power to fully verified Minions. Verification could be done through for example two randomly chosen video chat verifications.
Thats all, happy steeming.
Not really. Curation rewards favor voting on the same things that other people are going to vote on. Later voters do not get significant curation rewards by piling on, though some do continue to do so anyway in the mistaken believe that they will.
If I vote on @dollarvigilante again after voting for him the first time and it turns out he doesn't get votes any more because others have lost interest, then my vote does not do well. Simply voting for the same people again and again does not generate good curation rewards unless those people remain popular and continue to get votes from others.
If later voters are voting for stuff they don't like, they are the ones screwing it up and responsible for not getting the content they want, not the whales or bots who vote early. The latter are responding to the incentives set by the former.
In short, unless you are a power curator (whale/bot), just vote for what you like. The power curators and profit motive will respond by giving you what you want.