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RE: Steemit improvement proposal ! Better distribution of rewards ! Limiting the post rewards of whales...

in #steemit7 years ago

They already have the voting power , so there should not be any change in that , it is time now to grow and move on . They made their money , and it will only grow from now in , when using the right marketing strategy , and get inbetween mainstream !

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Your argument is that they have TOO MUCH voting power and something needs to change (limiting the rewards of whales according to the title of your article). I am just pointing out that to do that will make it tough for them to justify staying around and new investors coming on board to possibly become whales.

Look at the many changes that happened with the recent hard fork and how new content and comments dropped significantly due to it. Same thing would happen with whales if similar changes were made - except they have the financial power to bring the system to its knees if they performed a mass exodus of @Steemit.

What is wrong with 10 dollar a post ? if you post 4 times a day , it is an great extra really . And again , it is a limiting on THEIR earnings , the rest of the earnings go back into the network. Divided equally over EVERY ACTIVE user.

This will spur people on to be more active , and and thus creating more content. I am not saying they are just allowed to earn 10 dollar and that is it , the rest should be divided over ACTIVE users. It is not that the money just stops , it just creates room for them , to let the community run the commun ity , instead of being so dependent on the whales . What if the whales are all mlillionaire , and decide to stop upvoting , and steeming ? Then we will be in the same position as after the hf 17.

So, limit the earnings of the whales for doing stuff on the platform and give the difference to those that are "active" on the platform? How do you figure out who is active? I miss a few days here and there as far as posting, would I be considered no longer active during those 24 to 48 hour stretches that no new content/curating/comments occur? Would I miss out on the sharing of the whales wealth?

It is still a hard sale to the whales that have put in either time or money, or both, and got where they are now. That would be like telling investors in the stock market that do really well with trades that they are only going to get 50% of their profits off that trade so that the remainder can be shared with everyone else that placed a trade that day/period/on that exchange.

I can't see people sticking around for that very long before they take their money elsewhere and play with other people.

I am sure there are algorithms to create for that . maybe they could create a status , which says you are investor or blogger , and the activity is easy to track . It's more about deciding what we consider inactive.

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