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RE: I delegated 77% of my Steem Power to active community members

in #spdelegate8 years ago (edited)

They are already spending meaningful time on this platform

Now you are borderline trolling and ignoring my questions. They didn't acquire the SP delegated to them by spending time on the platform.

I didn't give SP to not that active users.

These users below are not active at all, but that's not even the point.
@donuma
@vototo

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It's not free, it's earned by being proven as good curators, subjectively from the delegator's perspective. The delegator owns the SP, they can do whatever the wish with it. If they give up using this SP for the benefit of others and the community as a whole, they should be applauded for their altruism. There's no free SP here. It's a temporary loan that can be revoked at anytime to someone who can use it better.

Your only subjective argument can be questioning whether the delegated curators benefit the platform. Certainly, looking at their post activity is not a way to judge that - you have to look at their curation.

Curation trails have been around since the beginning of Steemit. This has always been the case. The only difference is this time it's in code.

I wouldn't care if a 100MV account delegate some of its power to multiple smaller accounts.
The issue I have here is that clayop is bypassing the no whale vote experiment intentionally or not. And of course he can do what he wants with his steem power but if he thinks that's the best way to increase the value of the platform he is wrong. If every whales start doing this the utility of steem power will go down a lot for the majority of users and you can bet the price will follow..

No whale vote experiment is temporary. You may be right that with a myopic view it's squeezing out minnows and dolphins today, but I'm thinking months into the future when we have a flatter reward curve. SP delegation almost certainly will lead to more effective curation, subject to whales accurately delegating to the better curators, which in turn will go a long way in retaining the best authors. (All subjective, of course) Which in turn will drive demand for Steem Power.

Of course, it would be a problem if whales start delegating SP frivolously to people who add nothing to the platform, or to sockpuppets. That's of course a valid risk, but one which is greatly outweighed by the benefits of more effective curation.

A flatter curve is hardly going to solve anything.
Look at the last graph https://steemd.com/distribution
Less than 1% of all accounts own roughly 95% of all steem power, these statistics do not include any curve, its purely what people have in steem power. So even with a flatter curve the power concentration will be huge.
And 6 months ago these numbers were about the same, so it's going to take forever for power to redistribute itself and probably won't happen because most whales are selling to buy more stake cheaper.

No whale vote experiment is temporary

How do you know that? Nothing to me indicates that it is temporary.. I mean do you want it to stop? Do you want to go back to a situation where 99% of users can't even give 1 cent upvote? I'm pretty sure nobody wants that.

No whale vote does not mean not using whales sp. It only restricts high voting power (800 mv approx.) Whales still can 2x vote with 50% or 4x with 25%.

As mentioned, a risk is delegation to sockpuppets or delegation from sub-accounts for sp concentration. But my case is not.

To be clear, @vototo is @yoonjang0707 's account for Korean contents vote. @donuma is working under the scene I believe.

I already answered to your point. The delegation is not permanent and there are more room to attract people to buy more STEEM. My long-term goal is empower much more people with much smaller SP. At this moment, since kr community is small while we need utilize as many as SP to grow the community. If you are arguing not to use my SP, you are hitting wrong bushes. I need to support the sub-community as much as I can, and you may not notice that kr community maybe the most buyer of STEEM (our members have bought over 3500 MV so far).

Delegating SP is like hiring people and it is not only for whales. If someone needs committed curators, he/she can delegate SP with expenses of curation rewards. They maybe able to put more time on this platform than me, which can enrich the platform. It can be free from your side, but not free from my side. I gave up my curation rewards I can insist.

By the way, I still get your point. SP delegation can make people to expect some SP without spending money. But I still think that if they put meaningful efforts, this is not free.