You are viewing a single comment's thread from:

RE: The Poor, Poor Minnows

in #steemit8 years ago (edited)

the problem is that the capital of the company is in fact the steem power, so for the company owners it's essential to maintain their own steem power to maintain their position, but ... that also skews the whole voting system!

I do think it's a problem, especially because so many people are getting frustrated and lose interest, but I do think they can fix this

the founding whales need to work together to find a couple of thousand minnows that not only post, but even more so do a good job curating and give them more steem power by upvoting those minnows introduction page

in other words; right now it looks like the whole voting system got so skewed from in the very beginning that it really does need an intervention

maybe it will sort itself out over the next few months, it could be, as in, that's the idea ... but that's not a given, it could go the wrong way just as well

I'm not complaining about my own rewards, I don't get much, but that's because I didn't do much either, I'm mostly reading stuff, so it's not about fairness or anything like that to me ...

it's about the results; you don't have to go that deep to see the problem; lots of good content that's going to waste ... I usually check the active tab to find good posts and I do, but when I check the votes; plenty, no problem, but then I check the reward and the post got like $0.08, it's ridiculous

and again, it's not about fairness, it's about the system not working; the way it's sorted now doesn't reflect the quality, it reflects how closely the author is connected to the whales ... and sure enough, the whales do their best to upvote good authors, but most of them are not very active curators; they don't upvote that much themselves; it's not spreading!

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60526.80
ETH 2335.69
USDT 1.00
SBD 2.53