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blocktrades
@blocktrades
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Exchange cryptocurrency fast and easy
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https://blocktrades.us
Created
2016-03-30 00:04
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blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
You don't have to delegate to an auto-vote bot. They can be setup so they just tell your account how to vote. So there's no programmatic way to stop it.
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blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
I think it's hard to figure out without experimenting. But my conclusion from the feedback so far is that most people are too fearful of potential downsides to the change to try the experiment. Since it
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blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Make downvotes blind. More people would downvote more because they wouldn't fear as much retaliation. This would be cool, but right now I've haven't seen a good solution for how to do it. Doesn't mean
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Another point to consider is if we reduce down the inflation and curation rewards, and HIVE price remain the same? It would be eventually a loss of their investment.Another point to consider is if we reduce
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
The lending aspect is a difference from Matt's idea and could make it worth the extra effort. I'll need to research it some.
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
That's probably the best experimental way to do it. But I think political reality will prevent such a solution :-)
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
How about this: Those who need ROI on their staked hive but don't have an hour to give to it could hire a curator or two. Pay them a small % of the net take and everybody benefits. I'm sure some hungry
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
The proposed change wouldn't impact author rewards per se. There's a fixed amount of inflation allocated to author rewards, the amount or size of votes don't change this. There's a frequent misunderstanding
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
I read the "can i get a witness" post a while back, and tagged it for review again later, I recall it had some interesting ideas.
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Anyone with a brain could figure out that a difference like that can only exist right now if fewer people are reaping those rewards, given the rewards systems are the same currently. That tends to point
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
The inflation to bank accounts is what matt is proposing, I think. It's been discussed as an option for a while. The big question is whether a smaller reward for saving versus a higher reward for the near
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
I feel if we drastically reduce curation we are going to eliminate any incentive to power up. The majority of users already power down and sell as fast as they earn it. Very few will lock up any significant
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Yes, it's just more work, and I think its not much different, except it encourages staking just to receive rewards. Some people think that is a good thing, some don't. I'm not a huge fan of staking just
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
No matter the proposal as long as it all boils down to a system created by codes, people will always find ways to exploit. I love the optimism there :-) As a practical matter, I disagree with such cynicism.
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Yeah, that's my conclusion as well :-)
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Total author rewards stay the same regardless of your individual voting. Voting just decides on how that fixed amount of rewards are distributed amongst the posts. Curators are being paid to find the
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Yes, those are called vote trails. There's no built-in functionality for it, but there are bots for vote-trailing.
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
Well, we're just going to have to disagree on that, since I think the EIP was a definite improvement. I got really tired of seeing all those people bid-botting boring posts to the top of trending. Content
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
There's no obvious way to do that, unfortunately.
blocktrades
Hive Improvement
6y
RE: Proposal: reduce Hive inflation by reducing curation rewards
It would be easy to randomize the timing to make such patterns difficult to identify.
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