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RE: Open Letter to all Steemians - Hardfork 21: Culture Change

in #steem5 years ago

Running off 90% of the authors (as well as non-author users) is mostly a function of the value declining by 99%

If I remember what folks have told me correctly we lose users because they didn't want to play a game that paid the already established handsomely while leaving the newbs in the dust.
That will never go away, nor should it, but the curve is currently too steep.
I think folks will play this game for pennies, but just like in real life they are getting tired of watching the one percent suck up the lion's share of the value.

We can always find new suckers but once they figure out that they get peanuts while the top 10 votes give 30% of the pool to just ten posts they won't stick around, imo.

Care to give me that number?
@statsmonkey gave the top ten votes, but never the top 100.
After the top ten accounts vote their ten votes, how much is left for the other 10,900 posts?
I'm pretty sure that curve is going to have to be flattened, if we care to retain users that can math even a little.

That is the exact same thing stated two different ways.

D'oh.
Touche!

which is much much less of a non-linearity than existed under n^2, even with the whale experiment.

My estimate on how much the math has to change must be off.
If I understand you correctly, this might not be as bad as it sounds.

Solo votes aren't really the point though.

Most of my manual votes are solo votes on comments.
Double isn't so bad, it will be less painful if the price rises.

Voting is supposed to be a consensus process.

Lol, not among the loners it ain't.
Sure your lemmings will lemming, but I think we got too many individualists for the majority of us to be hopping on bandwagons in the longterm.
If the broader community doesn't learn to spread their votes around to the less popular we deserve to lose those we neglect.

If the comment is truly meritorious, we should expect more than one voter to think so.

I bet you've noticed that popular content is really not my purview.
If a post has more than 1stu, I rarely vote on it.
I definetly don't vote posts with more than 2stu.

Solo voting is almost synonymous with milking.

Maybe in the rarified strata, but down where I hang out, comments mostly, it is the norm.
I follow people that I have to watch to make sure their posts aren't rounding down.

Overall I think we will have to see how things work out

Steem on.
Kudos for all the time you've taken to help us understand the coming changes.
Spreading that understanding is building the base that is here to help the newbs learn the game.

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Mostly I think we'll have to wait and see how it plays out. All of the estimates of the curve effect are very rough and depend on how voting changes. The whole purpose of the (EIP portion of the) fork is to change behavior so it's pretty silly to try to extrapolate from the existing vote patterns.

I'd be surprised if further refinements and course corrections weren't needed.

Steem on.

Many moving parts to steem.