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RE: Proposal to Remove Curation Rewards

in #steem • 8 years ago (edited)

Maybe just made the rewards equal weighted and not dependent from TIME... just dependent from VOTING POWER... (that would give motivation for more POWER UPS) and include a lottery style reward system for EACH POST...(more VOTE-POWER on a post the bigger the JACKPOT)

8 years ago in #steem by
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     8 years ago  

    Good brainstorming dani, unfortunately the the power-up system is screwed up from the very beginning - as in "you can power up all you want for no gain what so ever - the powered up whales will still hold all the voting power"...the rest is wishful thinking by unbound optimists like yourself

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     8 years ago  

    This would create the incentive to spare your votes for posts that already have massive amounts, and add yours. Curation wouldn't work at all.

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       8 years ago  

      they would have massive amounts for a reason I guess...

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         8 years ago  

        smooth · 9 hours ago
        Reduced rewards for voting after a post is already popular is not "punishing" those later voters, it is just recognizing reality that those votes are in a sense less valuable. I say in a sense because votes can be interpreted on different scales. If something goes from 0-100 votes, it is less valuable for it to get one more vote, but still probably extremely valuable for it to gets to a million votes. So something that discourages or even fails to reward votes 101-999999 is not necessarily the desired incentive structure.

        @smooth's proposal solves that effect gently...

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