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RE: Bid bots aren't the devil and neither are Linear Rewards

in #witness7 years ago

Thanks for the post about the history on Steemit aggroed, very useful for folks that were not around since the start.

The main issue for me when it comes down to bid bots is that they pretty much do 100% self voting since it's by far the most profitable. The support from whales to mainly dolphins by upvotes has dropped a lot which forces dolphins to sell their own votes to buy the upvotes they used to get for free from whales. This decreases their own voting power which lowers the support they can give to minnows.

Mainly curation has totally been broken ever since the steem dollars went above 1$, this really needs to be fixed because there is no incentive at all for bigger accounts to properly curate content right now.

It would be nice to see devs delegate some Steem Power to initiatives like @minnowsupport or @quartor that support a lot of the smaller content creators.

Also when looking at if from a relative earnings point of view (earnings compared to your own Steem Power) smaller accounts actually crush the bigger ones.

I'm really looking forward what this platform will bring with the next hardfork.

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"Also when looking at if from a relative earnings point of view (earnings compared to your own Steem Power) smaller accounts actually crush the bigger ones."

I think that is the whole point in making the distribution more equal. In that view I think this is a "temporary" meassure to try to fix this distribution.

I hope when we have more users on this platform buying steem that the distribution will get better or that the big stake holders already have too much...

Good point!