RE: OPEN LETTER TO STEEMIT INC., THE WITNESSES, AND THE WHALES

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OPEN LETTER TO STEEMIT INC., THE WITNESSES, AND THE WHALES

in abuse •  7 years ago 

It was the opposite.
The bigger the payout, the more each upvote added.

Authors get paid when people like you upvote their post.
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Really!?! Thanks for clarifying that.

  • Doesn't that seem the opposite of what it should be?
    • Especially when you have people scamming the system...

I see you've been around since Aug 2016, so did you live through this change?

  • What was the chatter back then?
    • Do you think going linear helped?
      • Do you think they could do the opposite of what it was and that might help cut down on scammers?

I'd like to see a return to the original model.
Writing a post was like buying a lottery ticket.
You'd probably only make a few cents, but there was a chance you'd make $10,000 dollars.
Big players would try and back quality pieces while they were small; to cash in on big curation rewards.
Nine of my first ten posts made less than 20c; but each new follower and formatting technique improved my chance of hitting the jackpot.
Now it feels like factory work.
You clock in, you do enough and you clock out.

Hey, @mattclarkeb the more I think about it the more I like the idea. It would be nice if we had something in between the two models maybe.

Wow interesting @mattclarke that would be fun!

  • With no self vote, you only made author reward, with no chance of curation reward on your own post, right?

You could self vote, but it wouldn't do much to your payout (author or curator) unless a lot of others upvoted it too.
The real joy was in downvoting.
Even small players could heavily downvote a trending post.
(The bigger the post, the more your influence, up OR down).
Not many of us downvote abuse by 50c because we're better off just upvoting ourselves 50c; but if the choice were between a 5c self upvote and a $5 downvote, there'd be a whole lot less crap at the top of trending.

haha pondered that like a minute and came up with a question! haha

  • How did reputation play into that?
    • Isn't it kind of set up so a minnow can't take down someone with way more reputation?

Thanks for this discussion! I've not ran across the info anywhere else.
All very interesting!!!

Rep is really just a cosmetic thing, it doesn't affect payouts in any way.
It is interesting, lots to think about.
I hold out hope that some of these changes are reversed, we are still in beta.

That is a totally different ball game than what we have now!

  • I'll have to ponder that info for awhile.
    • of the top of my head the old way sounds addicting, fun, engaging, ...

Well, Steemit is in beta.
Have you caught wind by chance of what to expect with the next fork?

Best I can tell, Hf20 is all about getting people signed up quicker and communities, (like subreddits)

Those will be welcome changes. Thanks