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RE: Misconceptions About Steemit And Possible Solutions

in #steemit7 years ago

Interesting thoughts. Most of them were already know to me but there are some that i never thought about earlier! The REWARD CAP? Man that would be sooo good! This is the thing that would discourage all the trails to support same authors and even a lot of minnows that try to snipe the whale/trail vote for biggest curation reward. I mean, nothing against Miss 2000 bucks and her likes, this is nothing personal, rather a solution to the problem Steemit faces. Until lately I also didn’t understand why whales would delegate so much power and you explained it well to me. For that I thank you.

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I think many people started realizing what is going on and we have to address this soon enough

Been punting a weekly reward cap for a month or two now... my version is that If your post payouts pass a certain threshold within the 7 day cycle any new posts are automatically payout declined...

No rewards are altered or votes removed... so if you can manage a viral biggie, then good for you... but then that's it for the rest of the week until that one is paid out

That would remove the “unattractivity” of having every single article capped, as well as give you the option to have a blast (like the guy who received 17k bucks for his surgery) and at the same time restrict you from doing this repeatedly at the expense of everyone else, with the reason being heavy drainage of the reward pool. If every article was capped, one could just spam them and he couldn’t care less about the limit.

Do you have any exact numbers in mind? What sounds like a reasonable “limit threshold” to a whale like you?

community consensus would be good to decide that and it would be easy to quantify, the weekly reward pool is a semi fixed amount of steem, just set a threshold at the consensus percentage

This one sounds good as well. Anything really to avoid the milking and consecutive trending. New people are yet again getting suspicious.