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RE: Dude Where's Our Votes? #DolphinSchool, the vote weirdness of the past two days and a balanced approach to it!

in #steemit8 years ago

I'm not saying your idea has no merit, but payouts have only been happening since July 4th. So, since we really only have less than 90 days of history to see how it's working, perhaps the constant tweaking is a part of the problem?

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Well, most of the problem comes from bots and users exploring the system, which results in constant tweaking - and some of the decisions taken are completely illogical.

For example, the 30 minute penalty on the voting weight of early curators, resulted only in users getting less for their curating efforts, but bots remaining just as powerful - their developers simply tweaked them to vote after the 30th minute.

Sometimes Steemit looks like a pyramid scheme. And if many more such illogical decisions are taken and good ones like mine remain ignored, this suspicion may turn out to be true.

I took a look at your idea.
I think it would have a negative impact.
If you disincentivize new users, no new established accounts can ever emerge. Professional writers, like myself, see potential in the platform because the earning potential is equal. Everything else on the site is slanted toward established authors already.
The voting power structure will right itself as more whales develop and even more dolphin scale accounts are created. Writers with real quality voices will rise, and those who either don't have what it takes to draw an audience, or have no staying power will fade, if things are left alone to even out over time.

I'm replying here, because I can't reply to your last post.

I think you got my idea completely the other way around. The idea is to give curators 75% share of articles by new (poor) authors, so both whales and minnows have an incentive to sort trough new content.

The richer an author becomes, the less the curation reward (on a progressive scale, up to the current 25%). It's a clear win to vote for someone whose articles usually cash out, right? That's why there needs to be an incentive to look through the articles of new authors (hence my suggested 75% for new authors).

That's it. People will actually read the articles. Wealth is slightly better distributed among good authors. New bad authors still won't get cash.

Yes, that completely robs new authors, since steem power comes through payout, as well as cash incentive to keep going. It will have the effect of completely killing new writers after the first couple of votes. I think your idea didn't get attention, simply because it would be detrimental to the system. The creator of the post deserves the lion's share of the profit, period. Why should someone who just finds my hard work get more than me?