In this video I go over the change to the curation curve to being linear. I think this is a very good change for the platform as a whole and will result in a higher token price over time.
@leofinance post: https://leofinance.io/hive-167922/@leofinance/leveling-the-playing-field-leo-is-switching-to-a-linear-curation-curve
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Cheers for sharing your thoughts.
I'm interested in hearing more on you and the team's opinion on self voting.
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!ENGAGE 50
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ENGAGEtokens.My personal view is that self-voting is fine. Why would you put out content that you don't think is worthy of a vote?
If you are putting out garbage to vote on, then let the market self-regulate and downvote the content. But downvote it because it's not good, regardless of who votes on it.
You'd have to ask khal for an official position.
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Linear curation pioneers the HIVE rewards systems and second layer as well. Probably based on its success the others will follow, but what it is clear it acts and corrects a system that didn't work for so long. It simplifies it and from that point on new directions can be taken, maybe a better formula might be developer afterwards, who knows...
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Yeah, in chat we were kicking around some other ideas like a qualified proof of life kind of thing. Linear rewards definitely isn't the end point, but I think it's a great step forward.
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From what I understand, upvotes on Hive are linked to upvotes with LEO with the option to have a multiplier on Leo upvotes. As much as I love the linear reward curve, doesn't it conflict with Hive upvotes as they are still non-linear with a voting window? For users that have both HIVE and LEO staked on their account it won't really change anything as curating leo posts in a manual non-linear way will screw them over on their hive upvotes. Is there anything I'm missing in this regard?
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That's true if you are voting HIVE and LEO on the same account. In the early days of tribes I had separated my tribe votes from my STEEM/HIVE votes with accounts like neal.leo, neal.pal, etc.
These days I just don't care that much about HIVE rewards. And going forward, most LEO users won't even know HIVE exists.
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It still remains a very annoying system. Needing multiple accounts just makes it all a hassle and extremely time-consuming. I did that for Sports curation but haven't looked at that account in a long time. I just think it would make sense if there was a way to have both platforms separate when it comes down to votes that you give out.
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Yeah, it's annoying. I solved it by just not caring :)
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I have created 15 alternative accounts, for each tribe I'm involved. And I don't complain. Profits always comes at cost. Be it money, comfort, or time.
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I mostly fear that the fact that it's all overly complicated will hold back the general adoption of the platform. I just can't see regular users who just want an enjoyable experience to create many different accounts.
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It's a great thing this is done for the LEO token now. If the results are good, then it can be implemented for the main tokens in a future hard fork.
Thanks for the video, do you think this change will hurt your rewards?
PS - you could do a collateralize debt obligation and place a bet on top of my bet with Khal.
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I think I'll lose some votes, yes. But over the long term my tokens will be worth more, so it's a net win.
No CDOs for me :)
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What if there was a Reserve Curation Pool, along-side the regular one, that rewards early voters under certain conditions.
In a nutshell, there'd be a chance that something like the old curve is applied, on occasion. And if none of these criteria are met, the pool is just held until it does.
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Hurts my brain lol.
To me, any elements that add game-theory in this ecosystem are going to be taken advantage of by those who can optimize. And that's a bad thing for user experience.
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Just the notion of the original curve hurts people's brain. There's something to be said for keeping it simple.
I just like the notion of the original intent to incentivize powering up. But you're probably right, it'll be exploited in some unforeseen way.
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