No comment can express how important UnderSteem will become for Steem but also for humanity as a whole. That's how I feel about this.
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No comment can express how important UnderSteem will become for Steem but also for humanity as a whole. That's how I feel about this.
Why?
Understeem will become a very important tool to release information anonymously as Steem becomes more and more popular.
Do you think Steem will become more and more popular?
Not under linear reward as it is. Under the current rules, those who don't engage in proof of brain get the best ROI. No matter what the price of Steem is, there will always be incentives to try to receive Steem for the least amount of work possible.
Right now the rules make it so that overall, those who work get a lesser ROI than those who don't work. Bots never get tired, bots voting, bid bots, bot creating posts.
Those ideas were all explained in the original whitepaper. It's quite easy to understand, after I've actually thought it was difficult to understand for more than a year.
Easy to understand when one understands linear vs superlinear. Linear rewards add up all the rshares a post receives to calculate a post's value while superlinear was adding up all the rshares of each posts bit then squaring this total.
The rshares a post receive can be seen on steemd.com under the detail post thingy.
Let's say bots, and exclusives self upvoters control 30% of the reward pool, while the 70% left "the self less upvoter" vote away, well there's a high probability that the people who are receiveing the vote will eventually not use 100% of their voting power and thus the total voting power of the selfless will decrease overtime.
It's not as if someone who receives a 100$ upvote, once has any substantial curation or influential incentive to back as no matter what they will do, the selfless, hard working proof of brain people will always be at a disadvantage against the smartass rule bending seekers of high ROI and low work.