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RE: Normie Talk - HF21 Explained (SPS + EIP) What it is and what happens next

in #normietalk6 years ago

You can't take the hf numbers and use them for the current post rewards, that's not how it works because we have to expect some changes in voting behaviours.

I am sure if an author only gets upvotes from bid bots then he will earn less after the hf. If an author produces good posts and allready gets a good amount of votes then he will get even more votes after the hf. Will these votes will be enough to fill up the 75%->50% reduction? Nobody can tell for sure but many ppl forget that an author can also vote and benefit from the change of the curation rewards so we have to look at the whole system.

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I truly hope you're right on that one, a social media platform success is not build be the quality work of a few hundreds of great content creators but in the few millions of regular users who engage on that platform on a daily basis... Steem offers a (not so unique) opportunity to monetize your content and your engagement without middle men. If that is Steem Unique Selling Proposition I don't see how this proposal will boos the ability for the many thousands of average users to boos their ability to improve their income from their usage of the platform (gaming, working out, sharing personal photos, commenting, etc).

The way I see things unfolding will benefit a few at the cost of the many. In social media business this is not a good direction to take specially when competition such as voice, whaleshares and Facebook's Libra are that close.

Thank you for your feedback, I really hope this hf results in a positive change for us all.

Best regards.