RE: Why don't we set curation rewards to 0% of post payout and vote for curators the way we vote for witnesses???
I don’t know much about the payout system, but I don’t like your idea. As it is, and unless I’m wrong, I have equal chance to be involved in curation. I may not get a lot, but that’s fine. I don’t agree it should be ranked like witnesses, you suddenly make something that all can be involved into something exclusive. I would resent that that. It’s tough enough for new players to get anywhere in the witness scene. There are problems in the witness system, there are problems on Steemit. It all revolves around greed. The Witnesses have an important function that involve them providing a real asset. As far as I’m concerned, curation is an opinion, everyone has an opinion and they can send out a vote as they please. The platform can survive or not, but I do not believe in creating yet another select group and thus taking yet another reason why I even bother with Steemit away from the masses.
As I said, I don’t know much about curation, it’s very confusing. But it appears to me you are creating exclusivity.
There’s already exclusivity. People with high SP always get the majority of the curation reward, even if they vote later than those who have small SP. There is literally no way to make money as a minnow with curation unless someone delegates SP to you. As of right now, minnows are under the illusion that they can make money from curation and curate to make money, which just means throwing their money at large accounts. Larger accounts actually have lots of incentive to vote for other large accounts cause it’s so profitable for them given the current curation situation (and some are pushing for even higher curation rewards to solve this problem which seems counter productive to me).
I don’t think it’s worth focusing on how “the system is run by greed”. The system incentivizes greed, and there are fundamental problems with the system. Not only steemit, also the real world economy.
I also don’t like exclusivity but you have a system where money attract some money and I’m just trying to propose we make the best of that. If you don’t want money to attract more money, I understand that too, that’s what I’m pushing for in the long run but that’s not or crypto (or fiat work) and I can’t expect everyone to suddenly throw away all their longly held values (hierarchy and competition), all I can do is chip away at them one at a time.
I personally feel curation should not be rewarded because it adds incentive to support the people who have the most support and why not just support things to support them. But we have the issue of self voting which people are trying to counteract. And if you end self voting, people open multiple accounts. You could solve that by having very strict sign up vetting, but then the power goes to the company and you are less free.
I was just like you when I got here but it’s way more complicated than you imagine and wanting it to be perfect is fine but people aren’t ready for that. I’m not saying you are wrong, but you have to understand the problems a little better if you want to fix them, and if you don’t want to bother that’s ok. I see more opportunities for myself in crypto than in the old economy right now so I’m here.
I’m happy with things as they are as far as curation. It’s not perfect, but the way I see it, I can deal with it or leave. I got nothing for my interaction before, but I get something now, so I’m happy. I’m genuinely not fussed by how much I get. I’m just glad I feel I can participate. I’ll work my way slowly up and hope to make friends along the way. This isn’t a race for a money grab for me. Of course there’s exclusivity when money is involved. There’s no need to add more constructs to encourage it. I would expect your solution would end up with similar issues the witness ranks have. Anyway, I’ve said more than I care to say as a noob. I’ll just run along and enjoy my micro contribution on the platform. ;)
You didn’t sound happy in the chat :-P
Now I’m confused. What are you referring to that directly relates to this post?
I don’t mind the curation structure as it is. I will happily ‘curate’ others that inspire me and still be frustrated by people as far as engagement. I’ve never complained about what I was paid for curation. Curation is actually why I was attracted to the platform. There’s a reason I’m still around, and the frustration despite me outwardly complaining, is self-directed. I’d love things to be better, but I’m not bitter. For most part, besides venting, I’m content enough, and when supporting the people I enjoy, I’m happy.