I am a huge supporter of Delegated Proof of Stake (DPOS). This post may come across as snarky, but it is meant to be food for thought and maybe discussion.
If it is ALL about stake, maybe development should just change the code to give everyone back their share of the stake with each reward pool?
That could also be an interesting experiment. It might be harder to find investors though..
I don't know. Hey, you want to put your money in this and see how much gets spit out?
We are finding a balance.
I thought the original idea about financial incentives for content was to have great content upvoted until the platforms draws in the best content available on the internet, censor-ship free and forever in the blockchain, to move towards a sharing and caring community with meaningful relations.
I liked that idea.
I have multiple steaks in STEEM and STEEMit.
I have delegated the majority of STEEM I own into @jerrybanfield's @Budgets initiative.
I have also put up actual server equipment into the blockchain with the deployment of a witness server, a seed server in my website hosting companies hosting facility @ http://www.Tulix.com in Atlanta Georgia. After this weekend my witness backup server will also be online.
That is a total of three hi-end servers I will have deployed in support of the STEEM blockchain. I am Steaked!
SO I like my steak medium rare. I think I have a medium steak in STEEM and the fact I am financially vested as well as one with equipment and vast amounts of time invested makes it a rare steak.
Yes I am Medium Rare.
Now when I grow up I want to be a Prime Rib, but at that point, Just Rare!
That would surely eliminate most of the junk posts on Steemit.
In a way, the current implementation is intended to hide the fact that it's yours. Or at least take your mind off the fact. I do like that. It allows micropayments without the cognitive load that is normally associated with micropayment.
Interesting perspective. About once a quarter or so... I get frustrated with not being able to see and communicate the vision. It always settles back out.
@whatsup,
I did a basic calculation and found this is very much equal to investment! So, if someone wish to take his STAKE I don't think it's a bad idea at all!
Cheers~
We’re all investors here. Some have invested fiat. Some their time, eyeballs, and keyboard tapping. Some a bit of both.
But short-term attention to the reward pool is a fool’s errand. Might as well daytrade and give up the pretense of being an investor.
I agree we are all investors here, some more successful than others. I am fine with the stake holders using their stake, but I don't want to lose sight of the idea we are also building platforms.
I have to be honest. I do not fully understand what this means, but that picture of steak gave me a small feeling of happiness. That is correct, upvote for a picture of steak, in a post I do not understand, not related to meat. Go Steemit!
And your honest reply gave me a small feeling of happiness. lol. Go SteemIt!
I agree with you. The fact that you can not get ahead.
When Socrates is condemned to death, his wife:
Socrat:
I think this is; the least important of others,
I think it is the most important destruction you have done to yourself.
Nice post.I respect you very much because you contribute to steemit.I will do activities like you.I would like to extend the steemit..
Wouldn't that be a way forward??
i think it is good one.... something is missing in your post...i cant idea that it is your post.... i think it will be better.....
I'd like to see how this would turn out :D
i think everybody needs to try this new thing, if want to have much money out here, i like your post
This post has received a 4.24 % upvote from @booster thanks to: @whatsup.
have a good day with your job..
since i am not a very knowledgeable person on this topic i really cant say anything about it..
This post has received gratitude of 2.69 % from @appreciator thanks to: @roundhere.