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RE: Why Rewards Have to Change... (Fair warning, this is a long one)

in #philosophy5 years ago

Curation has to balance out with authors rewards, or we have what we have now. If you tilt the scales in either direction, it becomes 100/0 or 0/100 depending on which side you favor. Fair is irrelevant when exploitation is possible. It is like a game, you need rules or it does not work, and having the wrong rules can be the most devastating, as we have witnessed.

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"Fair is irrelevant when exploitation is possible."

I agree, and this is why instead of tweaking how profitable profiteering is, I've proposed making it financially unattractive. Nothing else will actually return curation to being based on subjective judgment of individual people of the quality of the content, creator, or their relationship, and all the tweaks suggested like EIP just vary what is the best exploit for profiteering is.

I very much agree. I wish we would have been trying different models ever 3-6 months to find the sweet spot, but I think with these Nitrous instances we're going to see some interesting new incentive models pop up. Thanks for the resteem and support!