I think for it to really be successful, it would have to be part of the core functionality of Hive.
There are several forks of Steem, most have no developers that can build on the blockchain - which is a bit of a problem, as they end up with only a condense and not much else.
There is no tax, there is a curve and that curve can be and likely will be removed in the near-term future. It was part of a package to curb abuse of various kinds and it worked well enough that parts of the package could be removed.
I understand the concept but what's missing is a top. There needs to be a curve that prevents abuse at the top end from people who stack.
Either way, great work on the future projects coming out and the changes implemented by witnesses to make change in progressing the block chain.
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The curve at the top to stop abuse is through downvotes. It has been effective enough that the curve at the bottom could be removed.
Posted Using LeoFinance Beta