RE: An Open Letter to the Steemit Powers that Be
Good idea. That would cut the huge pile ups of upvotes that increase the payout and force more quality to come out if people wanted to get more from it. But then the posting of articles would need to be even more timed for visibility since the timeframe would be reduced and less opportunity to have people recognize the content as well... pros and cons...
Given that they want this to be an anarchic setup, I think changes will be slow if they come because they want the community to make the changes together... this is a problem since we don't have the power to change how the community functions at the coded fixed level of opration, only the "mayor" developers and the "council" of witnesses can make such changes in how the platform works at the coded level of operation. I hope they pay attention to the issues and are working to modify the operational aspect of the system itself.
The whole idea of when posts are released is at the very heart of digital advertising. Some of he key metrics I remember from my days in the space was not only bounce rates and open rates, but also when offer were opened, or in this case, when logs were read. We would then optimize wen the offer sets would be released for maximum impact. It's how marketing as a whole is run.
The point of reducing vote time is to disadvantage the whole set it and forget it bot scheme, and encourage engagement. This should have a knock off effect of a more social social media (commenting, conversations, content and so on). One small change can do so much.
Will the change cause people to be upset? Absolutely. You are taking away an easy, almost guaranteed stream of income from people who are passively contributing. Now, they would be required to engage, but it's what I believe is required for the long term viability of the site.