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RE: ENGRAVE - first complete blogging platform built on top of Hive network

in #engrave5 years ago (edited)

Content producers receive rewards because "curators" allocate a portion of the rewards pool to them, not the other way around. The way you have expressed your ideas seem to imply that "creators" somehow give away income to the Steem Power holders (the people that actually give monetary value to the currency). It's exactly the opposite

Without 'content creators' posting their work on steemit, how would nodes/blocks be produced? Isn't that in a sense the 'birth/creation' of steem for the reward pool? (pow?)

The steem blockchain/front end projects, seem to be the equivalent of a business plan, raw materials, equipment, production set-up and space, administrators, support services etc. that a 'standard' business provides in order to begin producing a product? The 'workers' are the ones who 'produce' the end product in a typical capitalist enterprise. The 'content creators' here on steemit, are in a sense, a part of the labor pool.

Of course 'anyone' contributing 'work' by 'any' means here on steemit be it tech. support, sales, marketing etc....are 'workers' and deserve a 'fair' share of the rewards/profits brought into the pool.

Your math is correct as formulated into the selected equation. My 'addition' of 5% to the 40% loss of ultimate reward, was simply an attempt to cover the additional fees a content creator may loose through 'conversion' and 'transfer' (e.g. Blocktrades fees) and the 'dust' votes which are swiped clean at the time of payout (votes worth at or under .002)

I should have stipulated what the addition of 5% loss indicated previously, so I understand your not taking that factor into consideration with your response.

Anyway...my comment was 'not' an assault on 'engrave'
; merely a critique according to how I perceive it. (you might have noticed that, I wished them 'well') at the end of my comment?

Either way I think 15% is a fair amount considering the type of service that is being provided. Even more if you consider the fact that bloggers don't have to pay a cent to setup their blog.

You are certainly entitled to your own opinion regarding what you think is 'fair' or not...but, most members/users/creators here on steemit seem to be dismayed already with the value of their work 'not' being what they had hoped for in relationship to their time 'spent' participating. It is a major reason for our loss of past contributors...

I don't comment in an effort to begin a personal debate or 'lengthy' dialog; that is not how I choose to spend my 'time' which I place a 'value' upon....but, I am comfortable with your input/opinions.

Should you choose to continue this conversation, I prefer 'others' to join in who may understand the math and inner workings a bit better than you or I do. Engagement can be helpful for the blockchain.

I may choose to create a post of my own regarding 'engrave' to solicit opinions and assessments, free of my 'own' thoughts, and of course...exercising our right to 'Free Speech'

Regards to you @onthewayout . Have a healthy and happy day.

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Without 'content creators' posting their work on steemit, how would nodes/blocks be produced? Isn't that in a sense the 'birth/creation' of steem for the reward pool? (pow?)

Blocks would still be produced even if no content were to be published. Content producers are not essential for the blockchain to function (technically speaking). However without them the distribution of the currency would be very limited.