RE: Improving the Economics of Steem: A Community Proposal

You are viewing a single comment's thread from:

Improving the Economics of Steem: A Community Proposal

in steem •  6 years ago 

not really possible, greed and best interest for community does not go together in whatever combination.
who can imagine a whale that is selling votes or just selfvote, looking through steem posts to find good content? I can't.

Posted using Partiko Android

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This is exactly why tweaking curation and author rewards and splits won't work. Nothing makes curation - actual curation for content quality - more important to substantial stakeholders than their stake. As long as profit can be extracted by corrupting curation for financial maximization, @therealwolf will do it.

We need to eliminate mechanisms that create financial incentive to corrupt curation completely. Tweaking them won't ever work. We need to create a dividend stream from funding development of Steem and the ecosystem that will provide better profitability to that ilk, while making curation unsuitable for extractive profiteering.

I flag trash. You have received a flag.