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RE: Revamping Curation Is The Way To Increase Steem Power Demand

in #steemit • 8 years ago

It is true that people with low SP don't vote as much.

However the main thing is to keep the main thing the main thing. And the main reason why curation does not work is because it is not profitable to vote for what you like, but what others vote for exactly 30 minutes after a post was created.

This is best done by a bot. But we want people to vote for what they like and people get rewarded if they create content others love.

So the overall algo needs to be reviewed with this goal and the data from past experience in mind.

My feeling from what I read is that we are a little bit not accepting reality here and trying to come up with excuses.

It does not matter if fewer people vote if they still vote according to the right objective.

@smooth Thank you for the dialog and thank you for your work and input. Have you read my proposal to make steem better via bounties?

8 years ago in #steemit by
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     8 years ago  

    @knircky I do not believe I read your post about bounties. I mean no disrespect by not reading a post but frankly my time is limited and I can't read every post, explore every idea, etc. I wish I could.

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       8 years ago  

      @smooth I understand. Please do. I really think it is worth your time. it as a short summary, maybe u can check that out. I wrote the summary exactly for people like you who don't have time reading the whole thing.

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         8 years ago  

        Some points from my post:

        Bounties could be used to create cash-inflows that will allow growth and value without sending away value of the ecosystem.
        Anyone could ask the internet a question, put a bounty on it and the world would compete for the best answer. As such bounties could be a whole new way information exchange on the internet can be rewarded.
        ...steem can create one more new monetization layer for the internet and become much more valuable than just with one way of monetizing its content.

        https://steemit.com/steemit/@knircky/the-potential-of-bounties-an-improvement-proposal-for-steem-to-double-its-value

        I would really like to hear what you think.

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