You are viewing a single comment's thread from:

RE: Witness consensus status to fix the actual steem’s economic flows (ENG)

Thank you @nonameslefttouse, I have been reading what you have said, including the dialogue with the others and I will think about it. I still think the OP looked like it was made in a hurry and brought more questions than answers. But if you and the majority of CONTENT CREATORS really want to earn less per post, I am not going to stand in your way if you all truly believe this will benefit you all short and long term.


I still think the OP looked like it was made in a hurry and brought more questions than answers

It wasn't made up in a hurry by any means. Maybe the chart itself didn't take that long but these discussions have been going on for literally years (for example I'm quite certain there was a well-followed post in 2016 which discussed putting curation rewards back to the original 50/50 design, but I don't remember the original author and not going to go searching for it).

Good find!

Well, the last edits has made the OP better.

but I don't remember the original author and not going to go searching for it).

The stakeholder map has changed since 2016, so I suggest we start again, please.

50/50 is a big disappointment to the majority bloggers, so imagine how loud is in some parts right now.

Another thing we should think about is competitors. If we create a balance that feels unfair to content creators, and someone else opens up shop that could be a disaster for us in the short and long run.

Have all these pros/cons been really hashed out, or is everyone just being yes-men in order to not stick their heads out and ask for a ten minute break to catch up? ;)

Many pros and cons have been hashed out. Hundreds if not 1000+ comments on the various posts mentioned here, countless side conversations, etc.

ANY idea that has been around since 2016 on steem has certainly been discussed. A lot. Worry yourself not about that.

I am not worried. Just gathering opinions, @smooth. I run discord 17 hours a day, been doing that for 2,5 years with an active user base of between 5000-6000 people (active last 7 days, I prune it often to only keep it with active and not dead users) so naturally I have a lot of people who wonder about things.

I hope to see you over there some day, spend some time, get to know each other better.

We are almost in 2019 now.

Someone visited my blog yesterday. They liked my post. This was said:

I upped your post because I get value from it
but I delegated my SP to grow
so it doesn't make much difference

Too many people are paid to look away.

Content creators are earning less now because much of the SP is delegated away and centralized into the hands of a few. Under this current model, I was not able to earn the 2 cents I could have received had they not had a reason to delegate away their SP. This is a widespread issue for content creators. I've seen many slowly lose support over the past while due to the fact so much SP in the form of votes with value behind them is unavailable and can't be used to support content creators.

If there was more of an incentive for members to curate, they would not delegate their SP away. I'd be earning more if that curator was earning more curation reward. Even if I only received half of that 2 cent vote, after everything is said and done, I'm still earning more. That penny is more than the current model that gave me zilch.

There are hundreds of thousands of dollars worth of valuable votes that can't be used,daily. That gets unlocked the moment curators have more of a reason to curate. Content creators gain access to those hundreds of thousands of dollars, therefore, they can potentially earn more, even though their posts are worth half. I have my doubts seeing a steady stream of votes with value behind them pouring in will somehow lead to content creators earning less.

Since we all get about 10 full power votes to use on any given day, when one member is paid to look away, that's converted into at least 10 less potential page views. Keep in mind, many vote at lower percentages, so one member being paid to look away can easily be converted into 30-40 less potential page views. When 1000 members are paid to look away, that translates into a loss of 10000-40000+ potential page views. That's in one day. There are over 1 million accounts here.

I have trouble believing content creators would earn less having access to that many more potential views.

On the surface, it's easy to look at a number, only see 50%, and convert that into a loss because it's less than the 75% cut content creators take home now. There's more to it than that though.

I could keep going but I'll leave it there.

P.S. I see you edited your comment and removed the 'moonshine' bit. No offense to anyone here, but I thought that line was funny.

Coin Marketplace

STEEM 0.18
TRX 0.08
JST 0.023
BTC 27057.66
ETH 1870.45
USDT 1.00
SBD 2.13