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RE: Automating Steem's Distribution

in #idea6 years ago (edited)

Human activity plays a vital role as we see today and making the reward allocation automatic might seem to be useful and same time not so much, on one of your previous post you discussed about voting on works.

works might not be great or standard but due to different factors, be it friendship, popularity might add up and make me upvote those content.

With an automatic system in place such reward process will cease to exist, cause it will be programmed now to follow certain rules and if does rule not meant means no reward and when a new user joins the platform it will become nearly impossible to be rewarded, not been familiar with the rules and those already used to it will tend to profit far more from it.

The above been said, the process will also increase the quality content which would be really appealing to the eyes of any coming investor

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With an automatic system in place such reward process will cease to exist, cause it will be programmed now to follow certain rules and if does rule not meant means no reward and when a new user joins the platform it will become nearly impossible to be rewarded

Maybe flip it around and instead of having a global distribution algorithm, each account would have their own algo.. although that kinda defeats the purpose of having an "indisputable" global algo. Or don't need to remove voting completely.. oh well just have fun with the idea ;)

Very informative
How i wish steemit is filled With people like you who have vast knowledge about things

Lol yea the idea is crazy but really interesting would be fun to try it out