Thoughts on Steemit power distribution and SteemPower. An anthropology based approach!

in #steemit8 years ago

Steemit is a fine platform with a huge problem, inequality.

At the heart of the decentralized movement lies what probably is the more important of its founding pillars, the re-distribution of power to make the world a better place.

Bearing the above in mind, Steemit, which allows for the democratization of content with the in-built option of rewarding users, is perfectly fit to join the 21st century and its decentralization, in a way in which it takes power away from advertisers and publishers to distribute both; the capacity to publish/broadcast and the ability to generate revenue, directly to the creator, away from publishing rights that have been inherited from a completely different world that no longer exists, where composers would run around Viena with their scores under their arms trying to convince Wiener-Urtext and the like to publish their music, or writers would go looking for owners of printing presses from which to distribute their work and make money out of them.

So, Steemit fulfills that promise embedded in decentralization which is to be re-distributed. However, in spite of this goal being fulfilled in what regards to the outside world, it has created a flawed ecosystem where power is even more centralized than in the analog world I mentioned before.

At present, the bulk majority of SteemPower is held in the hands of very few. Even though there are in excess of 70.000 users, approximately 80% of all Steem Power is held in the hands of some 250. What this creates is a much higher concentration of power/interest than in the real world. And this is a self-fulfilling system, whereby the more Steem Power you hold the easier it is to bias the re-distribution of "wealth" or power, which will naturally tend to go to those who are closer to you, those you're familiar with, or those who have managed to create a bond with you, Steem-Powerful one, thus even further concentrating such power. In the real world this is called an oligarchy, which is light years away from decentralizing or diluting power.

This happens because the distribution of power is linear, when I think it should look like a Gauss bell. If we assume this thesis as worthy of exploration, we would then need to define what parameters such distribution should take into account.

In light of the above, what should be taken into account when distributing power or SteemPower?

When dealing with power in anthropology, one usually tends to describe how individuals are grouped together. This implies thinking about; (a)their bonds; family, friends, fraternities, secret societies, etc, (b) ascribed status; gender, race, creed, etc, (c) achieved status; education, income, etc, and (d) power itself.

If we were to find a parallelism between the traditional anthropologic groupings and Steemit, one could think about how individuals group together (a) following/followers or the rate of voting to a same individual from a specific user (b) whether a user usually votes or writes for a specific area of interest (life, Steemit, photography, etc) in a specific language (ru, cn, etc) (c) would be the reputation score each user has and (d) would be SteemPower itself.

If we were to re-distribute power within the Steemit ecosystem, any "overload" of posting, voting or curating for a specific category or individuals (group of individuals) would imply a re-adjustment of their true power, this is, the Steem Power "harvested" for such voting activity. In this way, if an individual were to only vote for another individual or a closely knit group of individuals, then he'd be effectively creating an oligarchic "hub" whereby such power is encapsulated. This would be true when applied to any of the categories or groups specified previously.

If for instance someone were to vote only for posts in Spanish, then he'd be fostering the adoption of Spanish in Steemit, but he'd be supporting the creation of an interest hub. If a user's activity is distributed amongst a wider universe of interests and/or individuals, then his value would come from supporting Steemit as a whole and not just one of those particular groups/hubs we discussed previously. Luckily Steemit only allows for the use of 5 tags, which simplifies things.

In essence, I believe Steemit's power distribution should move closer to a formula that would take into account;

a) the regularity and quantity of posting
b) the quality of posting, in the way of voting
c) the interaction track record between individuals
d) the focus or spread of an individual's interests.

Bearing the above in mind, the objective would be to move from an exponential distribution of SteemPower to a Gauss Bell one. The more one posts high quality content, to more individuals, with a broader base of individuals voting for a post, to a wider number of interests/tags, the more SteemPower, for he'd be supporting Steemit as a whole. The more concentrated his production/voting in a specific category or for specific individuals the less his voting power int hat context.

Having said the above, I do believe Steemit is a very interesting experiment I'm willing to support in the long run, but it needs fine tuning, the relationship between illusion/motivation from users who join the system is the principal asset of Steemit. The more concentrated the power the faster that asset is degraded over time and the stronger the user discouragement, thus the smaller the chances of the platform survival in the long run.

I'd love to hear you opinions on the above.

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Valid Points - Keep on Steeming!

Thx... joined... looking forward to your initiative

i'm a minnow here. i see from the pic that you're not even hiding the fact that you are advocating communism. this has failed everywhere, every time it has been tried. combined with statism, it usually ends in economic depression, oppression and continent sized piles of bodies. let me be clear, i don't think anyone is going to die here. however, every time these collective levelers start taking from the successful, who earned what they have by creation of value, and give it to people who did nothing for it, it takes away the incentive of the successful to create more value,, because they are just going to have it taken away. it also takes away the incentive of the people who don't create anything, to do so, because they can just get stuff for free by sitting on their butts doing nothing. this is the basic dynamic. it destroys everything it touches, every time. free markets have imbalances. they are still better than communism. they produce cool stuff.

Um. The problem with current system is that content creators get very little. That is, they produce value, but have only little say how monetary reward is distributed. Communism is about breaking the monopoly on production, and here on steem the production of reward is curently ultra monopolized, but it aims to be a decentralized system. For it to be so, it could use a little communism.

I understand that people have been condition to react to the word "communism" as something bad. But thing is it is a part of the anarchist principles, but to understand how you would have to first deprogram this conditioning and form an opinion of your own. The aim of communism is to reward those who produce by the way of ending exploitation of man.
Thing is in a lot of places it failed because of the external pressure. The best example of "communist" experiment was project Cybersyn in Chilie, that performed admirably, before being shut down via US backed military coup. Thing is it was built on the cybernetic principles which are the cutting edge of planning and management. :->
Also do read on Anarchist Communism especially about gift economies, like free software.

You obviously haven't understood anything !!!

way to abuse the flag. just what i would expect from a communist. i understand more, obviously, than you ever will

Upvoted for purposes of unflagging

hey, thanks. i appreciate that.

I like this!

This will make it a lot easier to find related posts.

I actually made a post about it; no links to related posts on the pages, and this kind of solves that ... I like it!

And it's good for SEO!

Steemit took of like a rocket in Google

and those extra link-backs will make it even better!

Hi,

I was also thinking if there should be an algorithmic way to "force" whales distribute their power. I think, i have the solution:

There should be a way to differenciate two different kinds of Steem - perhaps create two tokens: a) Steem that has been gained through money investments, transfers or mining (we could call it iSteem) b) Steem that has been earned creating or curating content (cSteem)

And comes the clue: only cSteem could be converted to Steem Power, and therefore use for wealth distribution by curators.

That would mean, that only if you have writen and curating good articles, you would be able to decide who writes good articles.

The owners of iSteem, will pasively participate on the earnings of the plattform, but if they want to interact, they have also to create.

Do you have any information about the historical change of the distribution of the 80% of SteemPower? Is it narrowing or widening? Did it used to be 1000 people had it and now only 250 do, or did 8 people have it and now 250 people do?

If it is distributing and everyone's share is diluting, then the economy is actually exactly what you want, and this will lead to wide decentralisation. And the opposite is true in the counter case.

I believe the gap is widening and the "power" accumulation grows... therefore it moves away from decentralization!

That's alarming if it is the case, is there any site that is monitoring this?

Good points raised, and it is only with discussions like these, that we can move towards an era of absolute fairness. Well written!

I totally agree with you.. There should be some solution to distribute steem power equally.

Redistribution is happening in form of rewarding users.

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