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RE: Massive Hive Problem

in GEMS4 years ago

All right, I still find some contradiction here:

How the currencies are received by the markets as described in the article are correct. However, with the setup of the rewards pool the impact this has on the intended users is that the more users come on to the platform the more scarce these rewards become...

... and what we talked about. So, imagine just one in a thousand is interested in powering up and investing into curation power which is also attention control. Basically, you promote any chosen content by being a powerful curator. If you're new, you have to buy this scarce token on the markets.

How the currencies go to the market is correct as of now but the flow cannot exceed the reward pool even if all the users wish to dump their rewards immediately. And users who have learned the power of powered up Hive will not be so quick. Also, a billion new users will need RC to perform upon the platform. If they want to compete for rewards with old users, they will need to invest. Time or money.

Other suggested mechanisms in the article might be ok, I have no experience in that regard.