RE: Hardfork 21 is HAPPENING. What will change?
I don't like the free downvotes addition. However, I can understand the strategy behind the 20 STEEM change. If you think about Youtube, before you can earn any profit from their built-in ad revenue system you have to build up a large enough following first, and if a particular video is interesting to a wide audience it will go viral.
In essence, they are trying to re-engineer the mechanics of Steem to reward viral content. Once something catches on enough to hit that 20 STEEM point there should be a snowball effect that drives it well beyond 20 STEEM. It is an interesting idea, but it is also an experiment. This could go very well or very poorly.
The free downvotes feature does have some interesting effects as well. If enough people truly do hate bidbots, they could theoretically downvote them out of the market. This new change will force bidbots to obtain more of their earnings from curation rewards rather than from upvote fees. So, while in the current state bidbotted content getting a downvote is a loss only for the buyer and not the bot service, now the bidbot service and the content producer will have more aligned interests with regard to downvotes. A potential side-effect might be bidbots utilizing their free votes to retaliate against downvoters on their customers. So, really, we have no idea what will happen here...
The bar is too high to reach unless you've already bought into the system. Posting a random essay on Steemit will get maybe 20 upvotes and 2.5 STEEM from random people if the content is exceptional. And probably 1 or 2 upvotes for moderate to poor content.
The only way to reach 20 STEEM is to already have the upvotes lined up before posting. I've watched this happen in real time on the Steem Blockchain. A user sends off payments to voting bots, then posts. The votes come in, the post pulls in a 20 to 50 STEEM.
However, in many cases, that 20 to 50 STEEM reward was purchased with about 20 to 50 STEEM. So, what's the point?
Just remove the bid bots and curation timing rewards from the code. Problem solved. The good content will get upvoted by actual humans reading and upvoting.
I agree. Like e.g. 5 Steem would have been enough.
Steemit Inc. and everybody working there, plus all the witnesses
should only check one result:
0,16 €
These are the fruits of your labor. It is what it is.
I entered March/April 2018 with 1 Steem= 2,12 €
...thinking that was low, when i heard about the
"golden days" with 1 Steem over 5.-€
Dan Larimers philosophy was "non-violence" in any form.
Are we still on track..?
We will see...