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RE: After Centuries, a Seemingly Simple Math Problem Gets an Exact Solution

in Steem Links4 years ago

You're welcome. Like I said, I have always been a big fan of link sharing apps, so I really hope this community gains adoption without attracting too much spam.

For #penny4thoughts, the idea is an attempt to encourage more engagement in posts and especially in comments. It works by setting a beneficiary on the post. I normally set 36% (18% liquid and 18% powered up), but it can be any percentage - higher or lower. If a post sets a beneficiary for @penny4thoughts, here's what is supposed to happen.

1.) @penny4thoughts votes for the post
2.) At payout time, the selected percentage of author rewards get sent from the blockchain to @penny4thoughts.
3.) @penny4thoughts checks for replies that received 100% upvotes from the post's author.
4.) If there were no comments that received 100% upvotes from the post's author, the liquid rewards get sent back to the author.
5.) If there were comments that received 100% upvotes, the liquid rewards get split evenly and sent to all comment-authors who received upvotes.
6.) The non-liquid portion of the rewards stays mostly powered up, and @penny4thoughts votes with my curation bot to support other Steem content-creators.
7.) The @penny4thoughts account will continue powering down at a low rate (currently 5% APR), conceivably to fund operations and enhancements at some point in the future..

In addition to setting @penny4thoughts as a beneficiary, I also set a tag to #penny4thoughts to make the posts easy to find, but that's not required to trigger reward sharing.

At present, it's probably not very scalable, but you're welcome to try it out and let me know if you run into any troubles using it.

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Thank you for this excellent answer. Yes, I want to experiment a little with this idea, as well as introduce it to the Italy Community. I think they will be eager to play around with this important concept of incentivizing commenting. I'll give you some feedback when available!

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