This would also solve whale flag abuse and censorship. A whale would only be able to downvote - 1$ which means the community will have the ability to unflag the post even if they are not whales.

If there was a limit on how much vest a whale can use to uvpote/downvote then the karma could get rebalanced by upvoters.

Limiting vest per post would lower rewards per post and would make creating multiple account moot.

Agreed with everything but this (I believe Linear, despite all its advantages, is the predominant cause of this) My take on the curve I think what messed up incentives was to reduce votes per day from

I support your initiative. One thing I would like to see as well is ability to promote content on user's feed and reward those user directly. Basically you could ask posting key of user's and post the

The current state of the Trending page is just a symptom of the actual problem. At the moment users on Steem have a very high incentive to sell their votes. Selling votes almost generates the same rewards

How this can be done - I don't know, but this should be the goal. Pretty sure allowing authors to chose how much percentage they want to give to curator would solve this. People like me delegate to bot

Ok that's a fair point! But then isn't that maybe also one of the potential main reasons why the crypto markets are tanking generally?! And yes, that also underlines that the sky-high prices were driven

So I don't quite see where the comparison with pump&dump coins comes into play. I did make the comparison to show that abuse is not something that's putting downward pressure on the price. 99% of coins

I think the rampant abuse of vested stake under "money-printing-mentality" and circle-scams that do cause the biggest downwards pressure I don't totally agree with this. Most people in crypto

if this is the case, the steem witness servers will be very very busy and the current steem witness reward system will not cover the costs of the servers Indeed, this is my concern.

Limiting supply in my opinion would not be healthy for the platform long-term as people with the highest amount of steemit could crash it if they ever sold off a majority of their holdings much like the

Hello @paulag SMT's run on top of the STEEM blockchain which means there are no SMT witnesses. Everything is processed and verified by the STEEM witnesses.

Are you sure that SMT's will allow content to be rewarded beyond 7 days?

In order to use SMT's you need a steem account, you can't have an SMT account without a steem account. That's all you need to know :)

How is the view bonus going to work? I really can't tell if it's a good idea without any details on the implementation.

Unfairness is not the only issue with current voting model, content discovery/curation is also a big one.

I don't disagree. But I don't understand why you assume that rewarding users based on views would change this dynamic. Hard work will still be recognized and people will still have to climb the ladder.

One thing that worries me a little with blockchain scaling is that the whole history is needed to guarantee its integrity. The blockchain will keep on growing, whether it grows fast or slow is not very

I think you are reading a little too deep into this. I'm just proposing an alternative voting model. There will be many of these in the future simply because the one we have today is far from optimal.