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RE: Proposal to Remove Curation Rewards

in #steem9 years ago

Make all the votes within the first 16 hours have the same time for purposes of calculating the reward. Problem solved. The bot phenomena comes mostly from the fact that milliseconds count in the current set up. Once bots have voted, there is no reason to go back and review the post. Take away the original incentive and give curators a chance to actually read the posts.

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This makes sense. I can't think of any obvious big downside. Two minor issues come to mind:

  1. It might make curation slower, but who wants to stay glued to a screen anyway?
  2. You will have an incentive to wait for 12h and see which posts yield rewards before adding your vote. Then some posts might emerge as gold-pots and others will be left in the dust. That would equal the current bandwagon effect. Personally I would just vote there and then, but there is a possibility to game and skew the system.

I think I agree with @markopassila's point #2 that the incentive is then to wait and vote later once you can see all the other votes. There is a tradeoff there, and it is a bit of a problem even with my proposal to do this for 1-5 minutes but I think at the 1-5 minute timescale the effect is more acceptable than it would be for 16 hours