RE: RE: My final few words and thoughts on communities on Hive
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RE: My final few words and thoughts on communities on Hive

eco-alex(75)
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Hi there.. well i do understand the reward pool, and at least some of the math behind it.. I'm no expert but i am technical and understand at least the foundations of it all pretty well. i Think.. read my comment and lets see what you think?!

I hear what you are saying, and yes your math is quite correct.. but nevertheless i think your 'logic is flawed' because your perspective seems focussed solely on what very small stakeholders votes are worth. (unless im missing something from what you said?).

TO me this a matter of perspective, and not a 'who's right and whos wrong game'. I say 'your logic is flawed' because from my perspective there are gains to the smallest wallet holders that are not taken into consideration in your answer. (again, unless I'm missing something from what you said?).

Whilst it is true that by delegating community holders **will indeed ** add more overall voting to the total daily vote, and thereby reduce the upvote strength of everyone else, and thereby push out totally the smallest votes. If i understand you correctly that is what you were pointing out?

So what i am saying is that there are a few if not many significant benefits of delegating some HP to several community leaders and proceeding as i had posted about. Bear in mind also that most community leaders accounts have very little HP as you consider my points below:

Adding more Hive to everyone's wallets, and in particular (the right) new users is one of the pillars of Hive and is what drives the entire place. Decentralzing that stake is a part of that process, and ideally spread out over more wallets over and above inflation so that there is a continual (if slow) movement of inflation toward more and more people. So, therefore:

  • By delegating to community leaders with (generally) relatively low HP we are decentralising the stake and to people who add value to the system. They add value in many ways, and especially by further decentralising the pool to new users who are adding value to Hive.. lets see by posting and commenting well.

  • The delegation means that these new and tiny accounts quickly build up a wallet of Hive through upvotes (rather than curation rewards). In that way they will gain much more Hive over time as their upvotes and curation rewards build up via community leaders, and their trails.

  • The delegation also means that the stake itself is more decentralised (at least whilsts it being delegated) and its being to put to good use. Good use in this case is exemplified by the size, engagement, and sentiment of their communities.. If we agree that communities have value, and through consent, which is how this place works, we can say these community leaders need to get some HP flowing their way.. because what we do is help get that reward pool distributed very quickly (by upvoting them) to the people who often get missed. Its us that help new users get noticed, and we create and hold space for those people to be discovered and upvoted!

I could go on, but i think you get my point.. Maybe im missing something, but it seems to me your focus on voting is overstated .. and there is a much bigger piece of the pie to be made elsewhere.. and that we vote on the most different people and NEW people.. cheers!

@eco-alex: Hi there.. well | Ecency