antisocialist cross-posted this post in Hive.IO Community 4 years ago


My view about @blocktrades proposal to reduce Hive inflation by reducing curation rewards.

Holy Holy Shit guys. This has been a very long read. I not only have read the whole post from top to bottom, but I also have read every and each one of the comments and replies over there very attentively too.

And what I find painfully obvious, is how many people has not the most remote idea of what a Curator or 'curation' really means. :@

Ok @blocktrades. Do you really wanna defeat and get rid of autovoting & autovote services quickly and once for all? And also reduce inflation at the same time?

Alright! then read a handful of possible suggestions/solutions that I reckon must be very easy code modifications to accomplish and a very cheap job to carry out.

First of all.

Get rid of the fucking "voting window" right away. And establish it unlimited. Not 5 minutes, nor 1 minute nor 15 minutes nor 30min to vote. Establish it UNLIMITED.
Simply bring in flat curation. So that it no longer matters when you vote on a post or how large the post value is when you vote on it. Make that voting late or voting last doesn't matter for the amount of curation rewards.

And what I mean by unlimited?

Well, that means that we can be able to upvote a post whenever we want without 'timeframe' curation rewards penalization whatsoever regardless how late we can upvote said post during its entire lifetime.

Oh yes! and with its 'entire lifetime' I'd go to the extreme to suggest that posts shouldn't last only 7 days to accumulate rewards. At least not for the authors. However, you even can code this feature to get 'curation rewards' too if you want.

Second:

Definitely forget about linear, nonlinear, convergent, euclidean, pitagorical or whatevah algebraic or geometric rewards curve algoritms. Put this simple. Regardless of HP stake, voting timeframes, etc. etc. Everyone who upvote a post must get the VERY SAME amount of curation rewards during the post lifetime.

To expose this clearer. Let's say that a post got 100 upvotes which ends up earning $200 in total after a period of 30 days for the first term payout. And assuming EIP 50/50 policy is still in force. Well, easy, $100 for the author and only $1.00 for each upvoter. Regardless how many dollars each upvoter granted with their upvote.

This way, I would be sure that every large stakeholders who are also proud to call themselves "Curators" will have to actually be forced to exert their job as a True Curator finding new authors to curate. In other words, exercise Content Discovery as God and the infamous EIP demands. You really Curate, you earn. Simple as that.

If unlimited post lifetime would be too much, then reduce this to 6 months or even 30 days minimum as it was before at the beginning of the steem blockchain.

Third:

Get rid of the voting slider. Everyone who wants to be a CURATOR and get 'curation rewards' must cast an upvote at full 100% all the time. 10 votes daily. Period.

Yeah! probably less peeps to curate and to whom distribute the hive rewards pool wider. And prolly we could see to all those self proclaimed 'cureitors' only upvoting themselves, to their close friends or circle jerkings. But with the great advantage that it would be much easier to pinpoint them and downvote them until eventually excommunicate them. };)

Since we all are going to earn the same amount of curation rewards regardless of HP stake, timeframe, etc. but with more time available for real content discovery. Then as organic and manual curators, what the hell do we care if we can only grant only 10 votes a day? Given you indeed READ what you vote looking for the best authors?

Still would be an awfully time consuming task? Sorry, but I don't think so!!

Obviously, you may grant more than 10 upvotes each day if you don't mind that your voting power percentage drops too low and then you have to wait longer to recharge it to 100% to vote again at your full potential.

But if you really feel like a curator, as you do intend to make others believe that you are and that your main mission & purpose as a curator is retain current users and great authors and attracting new people to make them stay/invest. Then, ROI for your upvotes would be the least of your worries to perform as a Real Curator. Right?

Since simply contributing to a significant increase in the value of the Hive token in the markets would already be enough ROI for everyone. Especially when retaining users and good content creators is already a struggle by itself and we wouldn't be much without them. Without them, what the hell are you gonna 'curate' to earn?

Fourth:

Having said all the above. And if Hive investors and large stakeholder find that it is not fair for their money or their HP investments. I'm sorry dudes, but I have to tell you that you are not nothing like a Curator MoFo. You are merely a lazy investor, speculator and maximizer who care a flying rat ass about the SOCIAL aspect of a Social Network and its entire community looking only how to automatize gains.

If you don't plan to create content yourself or contribute to distributing the rewards pool as widely as possible by spending some time, interest, and willingness doing real active work for it. Then your fat wallet is pretty useless here to pretend to earn money without doing nothing. Unless @edicted idea of allocate inflation away from the rewards pool and into the saving accounts gain some muscle and support.

Then you can take it easy and invest in as much Hive as you want to have all of them stuck in your saving account earning as much interests as you want while you are also expecting the Hive value in the markets go suddenly to the moon without you doing anything from your part. Do you want more ROI than that? Then work for it!

Fifth:

Well, I suppose that all of those who have been following me from four years ago knows pretty well how antagonic to every kind of automatisms I am. So, my view shouldn't be any surprise for anyone. I believe and preach that to obtain some sort of monetary gain or of any other nature you actually have to put some effort and work for it. It's never enough to just have a lot of money and juggle with it as you please without doing anything useful for anybody close to you.

That would be fucking useless and selfish!

Especially from a human and social point of view. How would you expect to increase the value of your equity and holdings if no one else is willing to play the game?
And without the real players (content creators) how long would the game last?

Yeah, if you don't believe me. Just take a quick peep at the Steem blockchain.

Well @blocktrades, this is barely a very quick view of my position. Obviously, I would still have much more to highlight. But I guess these four point above are the main ones to ponder in order to find out a feasible solution specifically for what you are looking for right away or as soon as possible.

I would actually try to round off my ideas better depending on the feedback and engagement this post could possibly generate. But I don't really have any illusions about that, since everyone here knows that I am the king of the soliloquy.

And last but not least. Just tell you that I wrote this post in one fell swoop with my poor english but amazing spanglish. So I did not bother to check the grammar, spelling or the actual existence of some phrases that I have used in this article.

Because either way, I know that my outrageous outstanding spanglish can be read and understood splendidly well. Yeah, although usually nobody dare to comment in my posts, I know most of you read me.

For the next time, I promise I will try to improve my makeup skills and perhaps that way, I can get better interaction, engagement and rewards.

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I tend to agree that nothing will change until those with fat wallets decide to revise their attitudes.