Cap all rewards at $20 hive.
That way, when a post maxes out, curators and bots will have to go searching for new authors.
The bots will just keep voting on the same maxed out posts which will give a distinct advantage to the humans!
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I think that limit would be way too low to differentiate between 'great' and 'not so great' posts.
I'm not convinced that total payout is the most reliable indicator of a "great post".
The burnposts make tons of money for curators and ste.emcleeners (not exactly content that would appeal to the public at large) was the most consistent top earner.
What about a cap of $50 ?
The overwhelming majority of the posts I make and vote on make less than $0.25
Big payouts don't seem to attract readers or commentators, but they do seem to attract autovoters like flies.
Not always in reality, but in theory I think that if a post is 'great' (I know that's not easy to define) the author deserves 'quite some' (again it's not easy to name an exact number) reward. :)
I am not a fan of such strict limits, because actually I like the freedom to upvote whatever I want (also if already many other users liked the same post). I would prefer incentives to spread one's upvotes to many different authors, like for example 'diminishing returns', which wouldn't forbid to upvote the same users again and again but made it less beneficial.
Also the ideas I discussed with @blocktrades could lead to less vote accumulation on the posts of 'famous' users.
I agree with you that the rewards for many short posts from 'popular' authors (often witnesses) are way to high, considering the information they offer and their content quality.
I'd rather get 10 fractions of a penny from 10 different people than 100 fractions of a penny from one person.
You seem pretty well informed, is there any way to get a page view counter integrated that might be able to roughly estimate the number of people who spent more than 20 seconds reading a post?
That sounds promising. Something like one vote per person per week at 100% and then if you vote for that same person again within the same week, your max vote gets cut by 10% each time?
You've guessed correctly.
(at)cheetah consistently gets over $20 per post for basically automatic spam (log files).
That would be possible, but I think no witness is suggesting it.
When I first joined, there was a view counter. The consensus on why it was taken away was due to complaints POB was dead and posts with hundred(s) of votes only had like 3 or 4 views. From bidbots to autovoters it was obvious most of the highest paid posts received very few actual eyes on them.
The problem with this is many in the upper echelon of stake holdings have quite a few accounts. As a side note, I noticed very early on here that the reward/inflation math doesn't hold up to the narrative, or else we wouldn't be using terms like reward pool rape (I always found that term ludicrous) or selfish people voting their own posts. For a crowd that projects love of ownership and freedom, the witch hunts I've witnessed over folks using their own stake for self profit is something else. Yet you never see folks just saying the math doesn't work well enough for folks to be self centered, as it would leave crumbs or less for those with little stake. And I say this as someone who hasn't maximized for self profit, so I have no personal agenda when pointing out this observation.
When I first joined, there was a view counter. The consensus on why it was taken away was due to complaints POB was dead and posts with hundred(s) of votes only had like 3 or 4 views. From bidbots to autovoters it was obvious most of the highest paid posts received very few actual eyes on them.
This is phenomenal.
WTF.
How about if the "reward pool" was distributed to the posts with the most and or longest average PAGE VIEWS!!??
It always seemed stupid to scoop up all the crumbs and shovel them into the mouths of the RICH.
I mean, at least if it was some sort of randomized LOTTERY (like bitcoin mining) some of the small fish might get a chance to catch a break at some point without having to wait to be ORDAINED by the OLIGARCHY.
100% THIS.
Perhaps,
While better than nothing, I'm guessing it will only register those on the Peak platform. I'm unable to use their platform (thinking because I don't allow cookies to track me), so wondering how many use the blog platform instead, like myself. When I joined Steemit, it was the only front end I believe, so the counter was more accurate I'm thinking.
Appreciate you looked into there being a way to see any of the views. Is it only good for viewing your own, or can you view others posts too?