smooth's comments - older posts | Ecency

DiscoverWavesCommunities

smooth

@smooth

73

Resource Credits

Available

Used

Created

2016-03-25 13:36

RSS Feed

Comments

Blog Posts Comments Communities Wallet

smooth

7y

The code isn't out and I thought you guys couldn't come to consensus until there was code That is true formally. If the code comes out and it sucks, witnesses will reject it regardless of what was informal

$ 0.000

0

smooth

7y

I'm not 100% in favor of the idea, but I do think it should remain in consideration.

$ 0.000

0

smooth

7y

Agree or disagree, your characterization of this as remotely panicky is way off base. All of the components have been discussed for a year or more (some more like three years) and the package as a whole

smooth

7y

Insightful and forward-looking. I do agree we should think more than one step ahead. Maybe (hypothetically) EIP helps with directing inflation to rewards on a particular model of a blogging platform, but

smooth

7y

I really don't understand the reluctance to try different things rather than stick to an obviously failed system. So many people have left that many of the people remaining are on the extreme end of the

smooth

7y

A 20% increase in my curation reward means nothing to me It is actually a doubling of curation reward. The current asymmetry between 75 and 25 introduces a leverage effect where shifting reward from author

smooth

7y

Google takes 45%. A small handful of people get rich, buy yachts, do cocaine, while expensive hookers feed them grapes off the vine, or something Sounds about right, but sometimes it goes very, very wrong.

smooth

7y

RE: Hardfork 21 - Steem Proposal System (SPS) + Economic Improvement Proposal (EIP)

I guess over time the significant increase in number of daily downvotes will (at least for most authors) lead to nearly the same rewards as we now have. If all works out as intended, even to more. It could.

smooth

7y

RE: Hardfork 21 - Steem Proposal System (SPS) + Economic Improvement Proposal (EIP)

Authors will likely complain over what appears to be a more than 50% reduction in their rewards Numerically speaking, changing the split from 75/25 to 50/50 is a 33% reduction to the author portion and

smooth

7y

RE: Have there been more downvotes since the button was relabeled and moved?

I've downvoted probably more than almost anyone else on the entire platform so don't look at me when it comes to people not downvoting. Probably a good part of the problem is that downvotes are so

smooth

7y

RE: Have there been more downvotes since the button was relabeled and moved?

You don't need to downvote something to the point that it is hidden (below zero). Just make a smaller downvote. If it is earning a reward of $ 50 and you think it is not worth more than a dollar you can

smooth

7y

RE: Downvote pool

It makes the top trending more competitive since you need to spend less disposable income to top it. Not really 'spend', just (in most cases) lay it out for a week until you get it back. That's a bit of

smooth

7y

RE: Downvote pool

I disagree with your conclusion for various reasons, but one of which is that vote sellers inevitably do poorly on curation, even before accounting for (possibly/likely/maybe) higher usage of downvotes.

smooth

7y

RE: Reward the behavior you want to see - It’s really that simple

I don't really agree with this. If we assume code is law, the reward pool is set up for individuals to reward whatever they want Yes, but that's why we have both upvotes and downvotes. The reward pool

smooth

7y

RE: Downvote pool

Vote sellers will adjust which will make buying votes cheaper If buying votes is cheaper that means vote sellers are getting a lower return. Someone else is getting a higher return. Congratulations, you

smooth

7y

RE: Downvote pool

Why would delegating to a curation service be something they would do? Because blind vote selling, undeserved self-voting, and farming using multiple posts or comments will all have a lower return than

smooth

7y

RE: Downvote pool

To think, for example freedom or fyrst will turn into curators because you raised the curation is actually the shortsighted view. Nobody thinks that AFAIK. The realistic goal and more likely outcome is

smooth

7y

RE: Downvote pool

There are not always different solutions. To make a car go, you need an engine. Maybe there are different fuels you can use, or electric, or air-powered, but ultimately you still need an engine. There

smooth

7y

RE: Downvote pool

There is no other solution to this problem. We need downvotes, or we will ultimately need to get rid of the reward pool altogether. I would suggest, therefore, that instead of continuing to whine about

smooth

7y

RE: Downvote pool

We have to educate so that people have a better understanding of how Steem actually works (and part of that could be UI changes to help convey this better). Rewards are allocated by the balance between

← Latest Older →