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RE: Tokens, Tinkering, and Tantalizing Transitions

in LeoFinance9 months ago

Stake weighted anything, except for value on posts is a bad idea and part of the reason People don't like nor stay with Hive after they sign up. Stake weighted polling will make them worse.

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I see where you're going with this. This could potentially make new signups feel overlooked as their vote doesn't really count compared to bigger fish

Thanks for your input.

Thanks for your input. See also my reply to this post.

It would be great (if you remember) to tag such comments / threads / posts with #communityvoting.

It makes everyone below the few whales it takes to get their way feel like they don't really have a say or that it's pay to play and most won't pay. It's bad for morale and I think bad for the whole project. An Oligarchy is simply an un-liked form of government that's in place now in the real world that the average citizen hates. Recreating it here, while trying to sell it as revolutionary is a lose lose situation.

And can you really sell this as Community Voting, if it's really the top 14+/- stakeholders getting their way?

@atma.love #communityvoting

i agree, but as i said in other comment stake does have some importance. Stake weight could be capped at say 50 or 100,000 LP to vastly reduce centralization (along with other factors i have mentioned, and more).

Stake could / should be part of Reputation even, with Reputation affecting vote weight as well or instead of Stake. Much development to do there though, so for now adjusting % of stake weight is maybe best to focus on.

Eg. 1A1V 50%, Stake (capped at 100k) 50%

Better?

#communityvoting

@khaleelkazi @anomadsoul

Capping the amount of stake for influence could make it more fair. Yeah, I can see that as valid.

@khaleelkazi, @anomadsoul sorry for keep tagfing but impirtant for you to see this discussion re #communityvoting

@chrisrice, @goodkarma and other community leaders please read.

What we need to be building here is an open source consensus mechanism for all communities, not even just Hive communities. The Reputation needs to be platform/blockchain wide, follow you everywhere. This is what will bring value, making it a Trusted Reputation.

A stake-weighted system does have it's flaws, but $HIVE is still #1 for social media #DApps so that says something.

To fix these issues mentioned, I think working on Layer 0, starting with ourselves, is what's most important.

Tag : @unconvinced

Posted via D.Buzz

1st sentence: Doesn't mean we cannot improve it though.
2nd: If layer 1 is base block chains, Layer 0 would be our common "One Self" i would say. So lets say ourselves might be layer 0.5 which i agree is super important to work on. Layer 0 requires no work. Layer O.8 say might be a common Reputation system and layer 0.9 a community governance system, which if we work on this as well as 0.5 could help all the rest flow more harmoniously to align us with layer 0

@convincedyet ?
@smartarse

We've got this built on L2 with custom jsons :)

Thanks for your input.

It would be great (if you remember) to tag such comments / threads / posts with #communityvoting.

Agree not a fan of weighted votes on polls. It makes sense for quality content and voting of articles as it's a perk for being "invested" and showing belief and support in the platform but outside of that seems like it's not a good idea.