You are viewing a single comment's thread from:

RE: As a top steem witness, will you support a hardfork implementing the “Economic Improvement Proposal” or “EIP.”

in #dpoll5 years ago

I am mostly a yes, but I am not convinced 50/50 will solve the problem as abuse will move a lot faster than we can and will adjust to almost anything we throw in front of them. Authors are going to be discouraged as this on paper removes rewards from them but in theory, should increase them for good content producers. The experience here so far the majority don't care about the long term and just want to create rewards, power down, and sell.

I am ok with a small curve like this to reduce micro spam but not something aggressive unbalancing it. I think @anyx said it well regarding the curve.

I am all for improvements for a downvote pool. I think the % would be an effective witness parameter to allow some adjustment without a hard fork if we have to move it up or down although I am not 100% sure how much overhead this will add and if it is even technically feasible.

Sort:  

I think we should keep things simple and flat so creative things can be built on top. See TCP/IP. There could be for example a gambling app related to winning big votes. These things can already be done with transfers but I guess using vest and reward pool makes these things safer and part of the resulting reward is vested.

I am for removing the curation reward to make the economy system even more flat to incentivize builders.
You know full well about the added complexity of running a bidbot when a big part of the money is gamed into front-voting.

-Transisto

It’s hard to avoid the gaming, anything done most will try to game it as long as there is some benefit to them. The larger the benefit the more effort they will put into it.

Almost every solution has a simple work around that can be implemented quicker than a hard fork.

In my opinion is more herding the cattle closer to the greater good. It will never be perfect and everyone will not play ball.

If you mean for every attempt at forcing people to curate will be gamed before the fork is even live I agree.

We already know downvotes cannot abused for self-rewarding and will therefore be used for the greater good as seen by stakeholders.

Seems the creator slider option to decide 25% to 100% will at least make the abuse more malleable, the downside is it will be impossible to curb whatever abuse arises out of this dynamic.. Plenty of data would be made available though in regards to which percentages are being utilised..

Posted using Partiko Android