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RE: Steemit is like a medieval feudal society

in #steemit7 years ago (edited)

Haha, very good analogies, @lennstar! Nice!

I do fancy steemit a lot, but maybe the feudal economic model should be adjusted. Why is voting power proportional to wealth? Maybe we need a better mapping that encourages participation and supports the middle class, i.e., tunas and dolphins (or knights and artisans^^), rather than accumulating wealth for whales (nobles) and voting bots.

I thought about a different mapping function that actually does that, I'll post about it some time soon.

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The basic problem with all those voting schemes is that you can just create an army of bots sitting where the best point is.