How would that work?.. Replacing curation with SPS funding?
I always found curation to be an extremely flawed concept detrimental to the platform with the current status quo.
With this proposal cutting author rewards we could essentially remove bot influence completely and make proof of brain an actual thing..
When Kevin Wong made his god-awful curation proposal couple months ago that would essentially destroy STEEM as a whole, he called for a increase in curation which would have led to increased bot influence after adjustment..
This could possibly do the opposite... Could change the STEEM philosophy across the board.
Replacing curation with SPS funding sounds good to me. I bet it doesn't sound good to those seeking rent for their stakes by delegating to bidbots though.
It remains true that Stinc has funded development from it's stake heretofore, and I note that complainers weren't donating their stakes to contribute to development. Well, now it's time. Stinc has spent down the stake some, and those as stakes are substantial need to start ponying up - not taxing minnows and redfish for development money.
Wanna kill Steem? Decrease author rewards substantially while we're already losing accounts at a horrible rate. I can understand why they don't want to spend their stakes - they work so hard to grow them - to fund development, but it looks as if they've forced Stinc to allow them to undertake it just the same.
Thanks!