There are some nice features, but to complete justice rules idea has far from. PoS has globaly several problems, coins are cumulated at master nodes. Later it sucks all network. Here is similar problem like master nodes. Several people can sucks all network. Bad is that they are confident to help you, but suck network. I see some whales video and they talk that content does matter. If use bots, content doesnt matter and matter only understanding bot tracker. Fair play has no chance here to succeed.
You are viewing a single comment's thread from:
You are absolutely correct, and Resource Credits do nothing to circumvent the problem as far as I can see.
Spot on .
I believe it does, however it will take masses of new users who don't want a bot system, and people will need to completely ignore the bot services, rendering them useless. This is difficult because as long as the bots exist people are going to use them.
Bid bots I see to be a major problem, especially considering the fixed ROI's. Spending 100 dollars for a 10 dollar profit might not seem like a big deal, but it's effectively making the wealth gap huge, and most of the bidders continue the process and send out Steem to the exchanges. Terrible.
I'm a little biased with the entire system. Although I don't think bid bots are good, I don't think fixed rate bots are nearly as bad, and in some cases, maybe even good. For example @ocdb is a fixed rate whitelist bot which only allows members who are deemed to create quality content by the community. What this does is ensures they are earning what others feel they should on all of their posts.
One might say well why not just support a user constantly if you think they have good content. A valid question, but if you are not using automation it's near impossible to keep up with all of your associates ona constant basis here. So while a person might make 10 dollars on a post, the next post might only make 10 cents because they were missed by a supporter who is a whale. The fixed rate whitelist bot helps them ensure they are earning regularly according to the opinions of others.
I see systems like this to have what could be detrimental aspects, but it's also a counter balance against the bid based bots. Now quality content providers don't have to turn to bidding, or at least are less tempted to. It's hard to think this is a perfect system when it's based off of opinion. For example, I've seen some members whitelisted by the bot who I don't feel create good enough content to be whitelisted, and then I start feeling like I am being overlooked by the curators because I work hard and create what I feel to be intelligible material, but you see.. that is only my opinion.. So all considered, it's hard to believe it's perfect, but still a much better alternative to the bid based bots.