RE: Steemit Enhancement Proposal - Extend The Voting Period Over 30 Days By Implementing A "Hosting" Fee

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timcliff (73)in #steemit • 9 years ago

The blockchain code is not my area of expertise, so I don't really know if what you are suggesting is viable. There is a discussion going on in this GitHub issue with the developers that are working on a solution. You could offer your suggestion there: https://github.com/steemit/steem/issues/339
If people are making a lot from historic posts, then in order for them not to be a drain on the reward pool, more money would need to be taken in by the "people who are paying to have their posts votable". I don't know if the fees would cover the rewards. If they did, then one could argue it probably wouldn't be worth it for the authors, since that would mean they are paying more in fees than they were getting in rewards.
Fair point. With the current viewing/voting patterns of the users older posts are not getting much attention, but that could change.
True, there are already ways that users can game the system. This would just open up another attack vector that the community would need to consider.

9 years ago in #steemit by timcliff (73)

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dragosroua (74) 9 years ago

Thanks for the link on github, I knew about that discussion, I will open a new issue.
That's exactly the idea, people will become very conscious about what they can make by having their posts votable and it will very soon become self-regulating. I think that a relatively small percentage of users will have their posts votable over 30 days, but that will still be significant. I did a few simulations yesterday, it looks interesting.
:)
Yes, implementation should be as tight as possible. But as I see it right now, it's quite ok.

Thanks for the contribution to the debate, again.

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