RE: Thank you Dan Larimer! You are a great mentor!

[samueldouglas]

Have you revised any of your beliefs - either in Dan's philosophy, or your own, in light of his recent comments regarding crypto-economic governance and 'rent-seeking':

The community I want to participate in will expel the rent-seeking vote-buyers and reward those who use their elected broadcasting power for the benefit of all community members rather than special interest groups (such as vote-buyers ).

I could be wrong, but it's hard to imagine that he was talking about anything other than steemit.

Comments

[teamsteem]

He was primarily referring to EOS and more precisely talking about the fact that on the EOS chain he will be most active, he will incentivize block producer to not accept money in exchange to vote for their position as block producer but this also could be applied to Steem.

Vast majority of steem users are great, but the steem that exists today is not what I created with its linear reward curve. I did try to fix it, but the community was very much against it and so was Steemit inc which no longer wished to follow my advice. I always try to fix past creations before moving on. ^[1] @dan

One very interesting comment from Dan about linear reward and Steem in general. One comment that doesn't seem to be well understood. I plan on posting about why linear reward are an illogical choice compared to superlinear.

[samueldouglas]

Thanks for the reply. I've only ever experienced the linear reward system, so it's taken me a while to see the issues with it. I genuinely look forward to reading your post on this.