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RE: Downvote Pool Deep Dive

in #steem5 years ago

The only reason why promoted is what it is, IMO, is that it's been relegated to the last section where it has zero exposure. The simplest thing is to change the home page to promoted. It has been like that before bidbots, bidbots began because of the ability to delegate and linear rewards which allows them to calculate with utmost precision how much to return to those that delegate and how much to vote. Burning money is the best mechanism for increasing value as far as I'm concerned, up to a point as a scarce token is not valuable since it cannot be freely transacted and instead turns into a store of value and traded sparcely.

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The simplest thing is to change the home page to promoted.

Yup, the simplest thing should have been the more you burn, the higher up in trending you go. Instead, we have trending based on rewards, which is super easily gamed.

Meh. Not like they would change it.

What makes more sense than changing the home page to promoted (few people want to see only ads) is to include a few of the promoted posts on the trending page like pretty much every other major internet site with similar content (reddit, google search results, many news sites, etc.)

Yes, that and not burning all of it, but allow people making a blog post to opt in to advertising and advertising revenues. There are top content providers that won't ever make the move to STEEM today, and surely won't if the screw-new-users-over convergent linear rewards were implemented, that might be sueded by swapping their current reliable add revenues by reliable add revenues in SP plus the chance to play orca/whale lottery that by itself clearly isn't pulling in any of the big guns.

 5 years ago  Reveal Comment