The EIP was never about "fixing" the trending page. It was about changing the game theory mechanics of the reward pool distribution to counter:
- Low value spam posts.
- Self-vote "abuse" (bid bots are a variation of this).
The change in the reward curve counters "hidden" low value spam posts and comments by reducing the ROI.
The 50/50 makes it economically agnostic to earn via posting or curating. Since voting requires less effort than posting it essentially incentivizes the former as opposed to the latter. This reduces the incentive to self vote 10 posts per day.
The downvote pool eliminates some of the opportunity costs of downvoting so it makes it easier for stake holders to remove rewards from less "honest" forms of posting.
Of course a side effect was that some of the more obvious "bad actors" were less likely to leech from the system and not show up on the trending pages but that was not the main point of it.
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I'm fully aware of the merits of the EIP.
The problem is that even the definition of curation is "more visibility".
The foundational principal of curation is that higher payout = more visibility.
Meanwhile, things like reblogging aren't even monetized with curation.
I repeat, reblogging is the definition of curation but you can't get paid for it.
It's a backwards system.
Visibility is achieved by whatever merit the frontend decides.
It makes zero sense for the network to force curation on the backend.
All this being said there's really no point in arguing about it.
What we have is what we have and it's not bad,
I just think a lot of these mechanics are going to make sense in 5 years.
The front ends could probably do a better job at giving visibility to content based on different metrics. For the time being the current reward pool model is "good enough" as a coin distribution mechanism. We could do better. If the coin had a wider distribution the curation built into the system would be a close indicator of the popularity of content but it is waht it is I guess.
How difficult could it be to come up with a front end that you can customize to show posts by shares, comments, views and payout? Why do we keep using the same model?
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