The 5 votes per day is augmented when one uses less than 100% voting power. Optimally one could vote 20 times per day with 15-40% voting power. We're moving the threshold for using the voting meter at time of voting to 1mVest (~300 STEEM) so most anyone can use it.
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People who aren't good curator won't be whether or not there is the slider so it wouldn't have made sense not to add the slider from most everyone.
This will solved the voting on comments problems. There's so many comments I'd like to upvote for 1-2 cent and I feel like these could add up if everyone did this. Surely everyone will have an incentive to upvote the best comments on their own posts and this would surely lead to more meaningful conversation.
wow. it's already ON!
Wait, what?
Hi Ned. Listen to this: right now I have invested into ~8800 Steem power. I spend each day a lot of time curating stories. If i'm very lucky I earn 4 Steem power a day for that. However... I also get ~72 Steem power per day just because of holding this 8800 Steem Power. This shows that the job of curation is actually marginally profitable. Why spending all this time curating stories to get only a little 5% more Steem Power. Why actually spending time pressing upvote buttons if you already get 95% for free?! Lowering this daily reward for curators will do a lot of bad to SteemIt, is my believe! I know its all a balancing game, but I think this will tip the curator job out of the steemit picture. Just my 2-steem-power-cents.
I saw a video interview with a witness who said that if you don't log in, the steempower doesn't go up every day just for holding steem. It freezes if you don't log in. So logging and curating is actually helping you earn the "free" steem.
Don't worry... steem-power going up according to your holdings is baked into the back-end of steem. Has nothing to do with steemit front-end. Steem however stays steady, no matter if you login or not. That's normal. Nobody has promised anything different.
Bad things will come however when the payment structure is drastically changed, while investors invested in steem based on suddenly obsolete rules. Trust will drift away from steemit this way. So its importing in my opinion that Steemit doesn't change too much in too short time. Changes are good! But with respect to the reward system, move gradually. Maybe from 40 votes per day to 20 votes per day in 2 steps in half a year time for example. Steemit payout system is VERY slow (2 years), so changes to the payout structure should be slow also respectively. You need to respect investors, and give them a change to make the right decisions on the true facts.
I guess that was me.
It's not a freeze. The Steem Power will still grow, like anyone else's. But the others wil grow faster by earning rewards. Every three years all the Steem Power is divided by 10.
So when someone is inactive, their power goes down in proportion to all others power. And when someone disappears completely, their stake will vanish over the years.
Won't bots just do that?
Also, I feel it's much better for community building spreading small votes around than casting 4 big votes.
well i have used the thing today and to great effect i would say !! I have formulated my own personal voting dosage to maximize the effect desired and related to the style of particular comment or post !! Any control further must be seen as a good thing by all the community !! see this thing more as a pressure dial for each time you vote, its up to you right if you tickle or blast the love !! But its all good when its love that you spread to a great free minded community who think like you and share the vision and goal of this blockchain. Today with this feature i saw the light and it was Blue !! Go Steem !!
@ned - I am still undecided on how I feel about this feature. I keep seeing pros and cons, depending on how user's alter their behavior once the change is implemented. Right now, the biggest argument against it seems to be this. Do you have a good response?
While users can effectively still vote on 40 posts like they do today by reducing the voting power they spend on each vote - what is stopping the average 'heavyweight' voter from just finding the 4 posts that they think will have the best chance of curation rewards for the day, voting on those, and being done? Doesn't the new system encourage users to vote on less content?
Thats what i think. some voters may vote and curate less, and the problem we have is not enough voters and curators and too many posters trying to appease whales. we need a system with people having far more votes with less weight so theres more distribution to more users and less ridiculous amounts to single posts. this new idea may be trying to do that but because there is a choice then some people will choose to vote less. and what about users who when curating can only give a small reward like myself? my voting only gives 1cent. does that mean i only give 1 cent to 5 people now? all seems a bit too complex to solve the issue
@ned, offtopic but I noticed that overnight the 'home' and clicking 'steemit beta' brings me back to my own feed.
Being a new user this is a problem, there really isn't anything there yet.
But even if there was, doesn't this promote "inbreeding" behavior ? More and more people will only see the posts on their feed.
At the very least, I think this should be a configurable setting. I'd prefer 'home' to not be my feed, I'm sure many others agree.
Can I ask for a post with a little more detail on this? I am a very active user.... On a good chunk of every day, so if I am never at 100%.... It'll never matter?
Ned, everyone should have the voting slider and I support that. But if we use the slider (as many of the large accounts have been doing, including with their "good guy" voting bots), then we don't really need this change.
No, no, no! In that case, simplicity over functionality! the most basic behaviour on platform has to be one click and one click only!
Yes, I've just been given a slider and it's a pain. I'd prefer not to have it.
What about what I just proposed in this comment thread?
I agree.
It's already getting so confusing as it is - too many rules and knobs and gimmicks, all changing every month.
Overengineering.
that's a cool feature, why not mention it too?!?!