RE: OPEN LETTER TO STEEMIT INC., THE WITNESSES, AND THE WHALES
While I agree and support the sentiment, I feel it would ultimately be pointless. It's not hard to create two more accounts and still make the same 10 posts per day. The reason for the 10 posts per day is because it's the maximum amount of 100% upvotes any one account gets per day and they are clearly just milking the investment made by the whale account upvoting those posts 10 times per day. I still believe the only solution to this problem is to make curation profitable so that it's more beneficial to upvote good content than it is to vote for low quality posts. Of course that can be manipulated too and the inherent problem is that greed always finds a way if that is what people feed. Not trying to be a downer here, just pointing out some of the problems I've already thought through on this issue.
There's the rub. I haven't conceived a way to give a financial incentive to good content, specifically.
Any ideas?
@beanz idea sounds like one of the best I've heard honestly. My thoughts all revolve around making curation more profitable than self voting, but the problem we ran into when curation was "more profitable than it is now" but still not more profitable than self voting is that we just had circle jerks going non-stop. Then you see massive whale accounts, some still do this, going around only upvoting each other and creating multiple shitposts per day to use each others autovotes.
Well, I thought of making curation pay more as you curate more authors, and particularly new authors, but I haven't the chops to determine whether there is ever a 'price point' at which circle jerking is less emunerative under such a scheme - that won't break folks that upvote their friends too.
The solution I have come up with that will work NOBODY likes, or will like.
VP weighted by rep instead of SP.
It just ends the problem by removing the cause, which is that voting is a means of producing ROI, instead of supporting good content and driving an exceptional social media platform.
Love it!
Cough, I'm actually guilty of this one. I made a second account so I could post more.
Back when there was a limit.
I love that you suggested that curation should be more profitable. I agree with that one! Not everyone wants to make content.
This was what I thought to begin with. Even with controlling the account creation, Steemit would gain nothing useful and most likely only lose with this.
You are correct, I've been thinking about some of that too since I posted. Thank you for being honest. Thanks man!
Good work @papa-papper
I'm trying @deltasteem, I'm trying....
Maybe we should implement something to make account creation more transparent. Just a thought!
I have a few accounts, but I don't hide the fact that they are for different projects I am working on, including my witness account.