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RE: Witness consensus status to fix the actual steem’s economic flows (ENG)
since the only way to earn from your investment of STEEM is either through capital appreciation or curating
Of self voting or vote selling
Right. And it appears that he would prefer self-voting and vote-selling as opposed to better curating.
But I should note that the reduced daily vote target and full linear rewards has contributed to increased self-voting as well. I know that linear is likely here to stay, but we can certainly increase the vote target to 20. Ten is far too low. A side-effect of increasing it would also likely be better distribution, since it would require voting on more posts in order to meet those daily targets.
Increasing curation rewards is just one piece of the puzzle, but it’s an important piece - and not just for content discovery/ranking. It potentially doubles the incentive to buy and power up STEEM. And right now, there doesn’t appear to be much that’s attractive to investors. Buying STEEM and holding SP is literally the most important aspect of the blockchain. That’s what makes any of this work.
How much harder is it to self vote 20 comments than 10, or to sell 20 votes than 10? I think hardly at all.
Maybe it makes a difference but I prefer to get a bit closer to the root causes.
Yes I agree on that.