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RE: Last Comments On HardFork 21...

in #busy7 years ago

You will be a winner (and were winning before) and that's because you absolutely deserve it, as one of the few genuinely invested and engaging people here. But others are winners when they shouldn't be. Identifying the bad behaviors and weighing the effects of various adjustments should be happening. More on "how much we should touch" later.

Sorry small accounts I will no longer have any motive to vote for you. :)

Not sure where you are getting this from, but actually you do. And especially if others agree that what you are voting is good and vote on top. Which isn't really different than now.

Curation rewards and incentives should be handled at the SMT level. Steem should be the token of apps and witnesses.

To defend the movement now, I want to point out that the notion that steem should be a base layer for just apps and witnesses (and just treated as money), which is a fair point, is served by turning off inflation other than for SPS and witness and vesting. That is not the approach opted for. So we should actually influence the sole existing 'SMT' to see if it can be made better.

Some feel this will impact the bidbot markets and certainly, it will impact it, but I believe they have every motive to adapt and pay curation back to their bidders.

They will, but the attraction of just curating yourself will be a pull from funding sources. That and even if they adjust, there's additional leakage to outside curation. A lot of effort can be made to avoid that specifically but there's already a lot working against them.

A common statement I'm hearing is that "What we have isn't working"... Let's just try it, okay... I'd be game for that if it didn't sound like pure panic and if we were trying one thing at a time

Some of it does sound like panic, I'll admit. They should be considering this in a calmer state as opposed to "we're fucked if we don't do something". Even if that's what they believe. Or perhaps they think that's the message that will resonate. shrug

One change at a time might only work for the downvote first. I am not opposed to that. But I'm also not opposed to all three, because I believe in what behaviors each is targeting. The other point here is that having three together means you don't need to overshoot the parameters on one change (people that are pushing for 100% downvote).

People act the way they act, no slight changes in our economic structure are going to Market Steem outside of Steem, which is what we need, not to yank our own chain.

If these changes work well, it all helps. Everything in the package is to give certain behaviors just a little push. I agree that we already have the incentive to act more properly. I just think we can speed that process up.

In the ideal scenario, it will market itself lol. But anyway, marketing is surely needed, no doubt about that.

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Very fair points most of which I accept at face value.

Regarding voting for small accounts and then thinking others will vote for them. I assume all of these whales currently have a life. Something they do every day. After hardfork 21 does it seem reasonable they are going to stop doing whatever they do now and pour over the content looking for votes they agree on so they can vote on it?

I find that to be highly unlikely. They will point their autovoters at people they expect to be successful and it will be. Which is fine.

As I"ve stated in the post, this is the last I'll go on about it.

I can see it will go through. I understand all three pieces of the EIP need to go through, but not really at the same time as the SPS.

The bull market is starting BTC has doubled. We didn't do anything, so now there is a panic to do something. I don't like it.

By the way, thank you very much for your response and if it goes through, I support it.

Very good point about whale attention. I have no doubt they will find the laziest method possible to get the most out of the situation. If the downvotes work though, they may find that they may be missing out on curating other trending content.

They may find that a delegation system like "wise" (having others to vote with their stake) will be even more beneficial for them to seek out better posts.

Hard to say though.

Hang on we are going for a ride and I also acknowledge things are going to get interesting with the change and maybe that is a good thing.

The bull market is starting BTC has doubled.

Deckchairs and icebergs...( after doing quite a bit of research in the 'real world' of crypto and perception)...

IMAG0051.JPG

Finally someone with common sense not making uninformed statements based on personal opinions of people they don’t like.

Posted using Partiko iOS

He's a class act.