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RE: Time to decentralize curation?
Whales don't lose anything. Whales have limited human attention. Whales therefore have to rent the human computation from the bloggers by rewarding bloggers to vote on their behalf. Two days out of every week, all whale voting power is randomized, and these are free for all voting days where we can see how the minnows use the curation power of the whales.
What would be the next step if whales are not happy with minnow curation power?
Think....
That is why it's a trial. I really made this post to respond to @ned who wanted to try something else which I think is a horrible idea which is capping rewards for bloggers. I agree with ned that there is a problem but I identify the problem as attention scarcity of whales not a problem with bloggers, and the bloggers who consistently produce quality content are not the ones who should be punished because that is what we want from bloggers right?
Exactly. It's an experiment. Steemit should be doing lots of experiments. Who reports on the results?