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RE: Feature Suggestion: Revenue splitting from Curation Rewards

in #steemit8 years ago

Nice post, got me thinking a lot! 😁 Followed and resteemed.

The recommendation system is one of the pain points at the moment and you've an interesting take on it. I read recently @stellabelle and others looking for a new feed for the most views, it's discussed here.

The was also recently an idea to split blog and resteems into separate tabs (which didn't make it, it seems). Another idea would be to have top resteems as a feed, or maybe most resteems? There's a lot of ideas.

There could be lots of system filters, but also even the possibility of custom filters, tailored for or even by the user. I'm floating the idea here as being something I could pull out of the metrics engine I've created for my voter bot:

Pull out the metrics engine from Voter and create as a stand alone Node.js server, to provide as an API. Note that the metrics themselves are simply interpreted data and are not directly a score or implication of a good or quality post, it's just data. [...] This could be used to supply a post feed with posts, similar to the new feed or the home feed (which shows posts of followed users and their resteems).

Can I ask you clarify something? You say

Let's say the system suggests you 10 posts. Of these 10 posts most (say 7-8) will look really interesting and you will proceed to read 4 of them. Of these 4 appealing posts 2 will be really awesome and you will upvote them.

Wouldn't such a system be awesome? Would you be willing to share a percent of your curation rewards, given the value it would bring?

If "the system suggests", this is an automatic thing right? If so, who would you need to share you curation reward with? System rewards are taken care of more or less by witness rewards for keeping things going.

You also say "A system" earlier, so do you mean that third party "suggesters" could take a cut of your curation reward for suggesting cool stuff? If so, this seems like it could work in tandem with the resteem ideas, kind of like a referral link, without changing too much about things.

🤔 Lots of questions! 😅

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I rreally like the idea of a tab for most views. Maybe trending could be based on most views rather than payout? Even better, what if author rewards was partly due to views as well as votes?

There are a few problems with that that others have identified

  1. Views are not a blockchain level feature, they are specific to Steemit.com, and so not even available to busy.org; this means that it would not be possible to include this in the reward calculation as this happens on the blockchain, which is not aware of views
  2. It was raised somewhere by someone (can't remember!) that views are more susceptible to manipulation than voting because they do not cost anything and it would be trivial to spin up a page viewer bot, there is no human check wall on Steemit, for either logged in or random users.

Views are really a problematic metric and to be honest I'd quite nearly side with the idea of removing it entirely.

Well put @personz I agree.

There are two possibilities for the recommendation system:

  1. It could be part of the blockchain logic. The Steem engine needs to compute a lot of stuff, recommendation could be part of it. Then the cost of running it would need to be covered by witnesses and all the people who are running full nodes. The benefit would be that the it would be paid for in block rewards, so for average user it would seem that it is for free.

or

  1. It would be an independent 3rd party system. In my opinion it has all the advantages and 1 big disadvantage.
    + the recommendation logic is completely separate from blockchain logic and is very different (computer security, network communication, economics vs. statistics, data analysis, machine learning, deep learning). Why should steem developers be doing it instead of doing what they know the best?
    + recommendation system is a very complicated thing and will need to be continuously improved. Every time an improvement is made there would have to be a hardfork.
    + the computational demands of such a system might be huge. The market needs to say whether the value brought is worth the costs, or not. If we tie it to the blockchain it could drag down Steem as a whole in case it is uneconomical. When separate, the system provider could adjust the service based on how people value it. In case it is uneconomical, it will just stop the service. Maybe someone else will find a cheaper / smarter approach.
    - the disadvantage is, that currently there is no business model for developing and running such a system. Sharing revenue from curation rewards is one way to fix this. (Although not a perfect one - people could still receive the recommendation and then upvote it through other means)