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smooth

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2016-03-25 13:36

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smooth

7y

RE: Curation reverse auction changing from 15 minutes to 1 minute in hard fork 21

The bot votes happen anyway. The idea is to get them over with in one minute and then people can vote without needing a stopwatch. With the increase in curation rewards from 25% to 50% we expect that curation,

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smooth

7y

RE: Curation reverse auction changing from 15 minutes to 1 minute in hard fork 21

This isn't really a code change it is just changing a constant. Due to some other bug fixes that were needed there will be a respin on the release candidate offering an opportunity to get this in. It had

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smooth

7y

RE: Curation reverse auction changing from 15 minutes to 1 minute in hard fork 21

This is correct

smooth

7y

RE: Do you blow your load in 1 minute?

Most of the posts are way longer than 1 minute reads... The idea isn't that you read in less than one minute. It is to take all the bot/autovotes which happen anyway and stuff them all into one minute

smooth

7y

RE: Do you blow your load in 1 minute?

Will it go by seconds or by blocks? It works by blocks. Each block is 3 seconds.

smooth

7y

RE: HF21: What Makes Steem Valuable?

I don't think we know that no one will use it. That is absolutely a risk to HF21 "working" but it could also turn out that people use it. For example, there has been a lot of talk about downvoting

smooth

7y

RE: HF21: What Makes Steem Valuable?

What you are missing is that for several weeks prior to the linear hard fork, linearity (or at least a very strong attenuation of n^2) was largely in effect already due to the 'whale experiment'. Whatever

smooth

7y

RE: HF21: What Makes Steem Valuable?

Maybe my comment wasn't clear. I do not think this can be helped much by tools. There are probably some existing apps that identify literal self votes but I don't think that is very useful and I wouldn't

smooth

7y

RE: HF21: What Makes Steem Valuable?

It's more like "I like it but I don't think it should get money" which is something that has already been discussed numerous times. We have somewhat of a version of that already with payment-declined

smooth

7y

RE: HF21: What Makes Steem Valuable?

Do that with upvotes and lack of downvotes. Start upvoting based on actual value to Steem (external exposure is one great example but not the only one) and not just content that looks pretty but does little

smooth

7y

RE: HF21: What Makes Steem Valuable?

We do indeed disagree on superlinear (as implemented in Steem) not being fundamentally flawed or even any less flawed than linear (I would say in some ways more flawed, but yes both are definitely flawed).

smooth

7y

RE: HF21: What Makes Steem Valuable?

I don't think there is any real shortcut apart from people being willing to subjectively use their downvotes on payouts that just aren't worth it to Steem to be getting paid what they are. Which very well

smooth

7y

RE: HF21: What Makes Steem Valuable?

My issue with the EIP (and the whole concept of rewarding content just for the sake of it) is that even if it works out perfectly - i.e. the highest quality posts always end up with the most rewards or

smooth

7y

RE: HF21: What Makes Steem Valuable?

When I say not enforced I'm really saying that I don't think they will work out because without some form of enforcement, people and companies will find ways to cheat, although they will usually dress

smooth

7y

RE: HF21: What Makes Steem Valuable?

See my other reply. I really believe that the biggest problem is simply that we have elevated this whole content and curation mechanism into something that it supposed to be a big deal on its own, when

smooth

7y

RE: HF21: What Makes Steem Valuable?

The network value experienced a similar 90-95%+ drop in 2016 long before linear, and also at that time it was also greatly underperforming other cryptocurrencies. It was also at the time that broad awareness

smooth

7y

RE: HF21: What Makes Steem Valuable?

With the exception of (6) none of these can actually be enforced in any plausible way. (6) should probably happen but even without any access to the reward pool, dapps can still build business models (for

smooth

7y

RE: HF21: What Makes Steem Valuable?

There are clear incentives for the community to have a window on what are the best-paid posts and the more Steem someone has, the greater their influence on the platform/pay. Maybe. For those who are

smooth

7y

RE: HF21: SPS and EIP Explained

I'm not really sure what you expect. Do you really think that people who have put various forms of effort into Steem for 3+ years, people with million of dollars (in some cases perhaps tens of millions),

smooth

7y

RE: HF21: What Makes Steem Valuable?

First of all, it goes linear after about 16 STEEM, so based on current prices, once the payout goes above $6, piling on more votes does not increase the payout on one such post more than another. Second,

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