I like this idea. How common is it for their to be forks that allow new rules to apply to the platform? This seems like a particularly big change.
As a newbie, I've got no problem with big changes, since I'm not exactly comfortable in a well-worn groove on here. But folks on here a long time may be threatened by the idea of any change to something as fundamental as the rewards they get.
I've seen some witnesses who create long-form content that obvious takes some real effort making well over $500 per post. So this would negatively affect their earnings, as well as reigning in the abusers. Still, as you said, even if it isn't the final idea, it is good to start thinking along these lines.
Maybe like this, but then at a certain breakpoint the rewards for upvotes start climbing again, so that anyone with really a lot of support can be rewarded for that.
Hi @indigoocean,
thank you very much for your feedback on this.
In order to implement such a fundamental change, it would require an update of the Steem software, all witnesses are running. The current version is 0.19.2 - the main release is called HF19 (HF stands for Hardfork because the change in software isn't compatible with older software versions).
So to answer your question, hardforks happend several times a year in the past, so there would be possibilities to push those changes into production.
Afaik the feature scope of the next hardfork (HF20) is already defined and will bring SMT (smart media tokens) and improvements on the account sign up process.
Thank you. I appreciate your taking the time to explain all that.