There is always an incentive for voting: getting a better network, a better experience. Look at Reddit, do they need monetary rewards to get good governance? Much the contrary!
The incentives layer (like special bonuses, unlocked content, etc) could either be handled via applications (which would be the most scalable way) or there could be special operations.
If there is no incentive for voting, you'll soon look at a dead network.
I disagree. Did you read the full post? 🙂 I don't see the value proposition of Hive in being a social-media blockchain.
I don't see the value proposition of Hive in being a social-media blockchain.
you probably missed what was happening last month. if steem was not a social-media blockchain, there would be no hive. we would all still be on steem happily waiting for justin to pump it, just like his tron followers.
There is always an incentive for voting: getting a better network, a better experience. Look at Reddit, do they need monetary rewards to get good governance? Much the contrary!
didn't work for other DPoS chains. the incentive of a better network may be in your and my interest, but the majority does not care.
see bitshares or EOS. EOS only started to work after REX incentives
Don't forget this is a content-centric chain. The incentives already are different.
The incentives layer (like special bonuses, unlocked content, etc) could either be handled via applications (which would be the most scalable way) or there could be special operations.
I disagree. Did you read the full post? 🙂 I don't see the value proposition of Hive in being a social-media blockchain.
you probably missed what was happening last month. if steem was not a social-media blockchain, there would be no hive. we would all still be on steem happily waiting for justin to pump it, just like his tron followers.