Because of auto voting circle jerking nepotism etc.
I can't say I agree but we all know it's not a perfect system.
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Because of auto voting circle jerking nepotism etc.
I can't say I agree but we all know it's not a perfect system.
Just cause it isn't perfect doesn't mean it's broken, though.
Yeah I mean preaching to the choir really
I think one of the main points is that it "will be" broken in the future because of AI and whatnot and we need some kind of plan that's not going to cause the transition to be a complete shitshow... but again I'm just parroting the argument I'm not the one making it.
Them that profit from bugs want to break it more. That's an inherent flaw of centralization, and the centralization of stake renders Hive governance vulnerable to that flaw. For them that benefit from it financially, it's not a flaw but a feature, and they want more of it.
Top authors, and I mean the literal top few on Hive dont actually earn much at all.
Top 10-20 on Hive earn something like 500 USD a month each.
And half of that is in HP.
The author side of the reward pool is basically just a Hive faucet to distribute the token to as many people as possible. Not as many tokens as possible, but rather to as many people as possible.
This idea of circle jerking nepotism is such a silly discussion left over from Steem.
Those guys making those claims are basically arguing about coffee money.