RE: Why I Advise Against Linear Reward

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Why I Advise Against Linear Reward

in steem •  6 years ago  (edited)

"In order to realign incentives and discourage individuals from simply voting for themselves, money must be distributed in a nonlinear manner."

The premises you’re working from appear different from most. Contrary to the post, reality is that rewards are still non linear today via dust, human appreciation for contributions, and curation.

Beyond that, it’s my philosophy that it’s important to stay open minded and adaptable while building a currency and that is why I described Steem as an Experiment in the Whitepaper.

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Indeed it's none linear via dust. I'm not arguing against this.

Indeed Steem is an experiment and we should remain open minded. I haven't argued against this either.

You haven't argued against what I've argued. Your comment doesn't answer the questions my post is raising.

You haven't argued against what I've argued. Your comment doesn't answer the questions my post is raising.

Why should I answer anything here, especially to the OP where the logic is broken? I’ve talked about these Economics in many places over years on Steem, even I suppose with you, and here you are stiff-arming (expecting?) (demanding?) responses and different opinions from the same ol folks.

Here’s one: https://steemit.com/steem/@ned/re-dana-edwards-re-ned-steem-needs-you-20181017t014522825z

You are free to answer anything you wish. Me saying: "You're not answering the question" is me stating my mind in a very neutral manner and in no way stiff-arming anyone.

I think it would have been logical for Steemit Inc to rebut their own statement in regard to linear reward to which I haven't seen any.

Most witnesses have indirectly answered the first question I've asked as reported by cervantes' post. The second question has been unanswered by most.

It's one thing to say my logic is broken and I'm not infallible but I haven't seen a rebuttal that I find valid (in regard to the current system advantaging "freeloaders") and thus why I'm standing up to say so. I remain open to being proved wrong.

That's your quote below.

That super linear rewards become about Networking instead of Content, and disturb new users by making the system incomprehensible, makes it difficult for me to want to go back to. That said — if the entire community wanted it — I am listening.

I've never written a post about the subject at hand and thus why I wanted to do it and make my stance as clear as possible.

I will have to apologize, we are having a bit of a "bad hair day". Perhaps I could suggest trying to ask the question on another day. We are running late for the spa appointment. To answer your question, we will never stop rewarding the upper class here in a linear fashion or else they would pull all their money out and the whole experiment would collapse in on its self like a haircut with no layers. Linear rewards are the styling gel that holds us togeather.

Linear rewards are the styling gel that holds us togeather.

Hahaha!

  ·  6 years ago Reveal Comment

@ned delegates to @dtube

@dtube is run by @heimindanger

@heimindanger is a bigot who routinely refers to people as "fag" in a derogatory manner.

Does @ned support bigotry?


Hey @ned, have you thought about ditching 'Trending' as the front page of Steemit. Maybe use the tags with nice thumbnails as the first thing newcomers see instead. I'm sure people come to Steem with particular interests in mind. The 'All Tags' trending page does not really serve that purpose.

If your focus is 'Destiny', you could use that approach with communities.

Yes this was addressed many times before, I don't know why this keeps getting rehashed. What steem really needs is not non linear rewards, but account based voting. In addition I'm calling for account based witness voting, to make it much more decentralized that it is now.

uno gana dinero por comentar?

Al parecer si, jajajaj por fin un español

It's a great experiment. Will take many years to see how it will play out. One big thing that I have noticed is that when something get's backed by a large stake holder that builds up massive trust in the network. That is when magic happens. These I trust you moments that happens from time to time. That is real wealth. Solid networks of deep Trust.

That will say targeted leverage is what seems to make the best moves in a network. Spreading everything too thin, no trust being created. A few empowered brave souls can move waters. People with big dreams that get leverage. Some are better than others to create leverage effects.

So for example my experience with being a content creator and get leverage from dtube every upvote creates a stronger "I trust you" network effect. It creates massive loyalty in the long term perspective. This is not something that can be looked at in ROI since it's a long game strategy. But the fruits and ROI from that will take a longer time to see. As Steem is just 2 and soon 3 years old I feel people are too fast to come to conclusions about the network. So being open minded is what I also try to be.

I see the Steem Blockchain as an experiment in creating Trust between various nodes in a network. And that it can only survive if the nodes starts to Trust and Listen to each other to create a truly empowered node network. But then people have to see the real value which is relationships and loyalty and having bigger visions. Looking beyond wealth. A very powerful Trust network and Tokens wouldn't even be needed after a while. Since the vision would be higher and more evolved where to take things.

I see stake holders at this moment worry about ROI for the moment which makes me question their long term views if they worry about ROI for the moment it does seem like they are not looking at the longer perspective of 5-10 years down the line. Looking at every moment in ROI terms makes human relationships into a small thing. This movement is bigger than short term profits that is a big focus for many. Humans need sort of to evolve into something that looks beyond the short term.

Thanks again for a great whitepaper and Steem experiment!

  ·  6 years ago Reveal Comment

Wow I keep seeing your comments and keep seeing ppl downvote you, very weird.

Dear @ned , a bit off-topic and alhough I am a small minnow here on Steemit I am hoping your can answer this:

WHY was the viewcount (eyeball) feature that use to be near the other indicators for our posts (such as upvote, votes, comments) regarding our post was REMOVED a few months back?

I've asked many witnesses but none could tell me why Steemit decided to do this.

This really puzzles and dissapoints me (along with countless other Steemians), as it was the BEST indicator to see how many people were actually having a look at our posts.

I see absolutely no advantage of this feature having being removed (unless I am missing something), as it certainly didn't take up much space on the screen.

Any possibility of getting this feature (post view count) back?

Other than that I love this platform and am very grateful for all you guys do for us.

Sincerely,

@libertyacademy

The viewcount is okay, but it's only view count from Steemit.com. There are so many other Steem websites that can generate views.

The answer back then (the question had been asked many times) was that it was "easy to manipulate" (simply reloading the page with F5 apparently) and therefore irrelevant or worse, misguiding. I am not convinced at all by that argument.

Knowing how many people have actually read a post or watched a video is extremely useful. The fact that the "viewcount" indicator was not perfect and could be manipulated should have been a reason to IMPROVE IT in order to make it more precise, not to remove it all together!

It's like: "Oh, you twisted your ankle and are limping now! It would seem that this leg is not helping you walk well! How sad! ... I'll therefore saw off your leg altogether, so you'll be rid of this bad leg that's making you limp!"

Thank you @sorin.lite. This is the most info I got from anyone on the matter. So, I really appreciate you taking the time to fill me in. I like your way of thinking and your analogy at the end is spot on. It boggles the mind how people can create something wonderful like Steemit, but take away something so precious from it without much thought or consideration. I guess there are things that we just have to accept in life, despite their ridiculousness. Too many. God bless you.

@ned @libertyacademy

WHY was the viewcount (eyeball) feature that use to be near the other indicators for our posts (such as upvote, votes, comments) regarding our post was REMOVED a few months back?

wow. That would be great to see. I am also new to this platform. Writing and Creating. Id like to see what my efforts are doing traffic wise, as votes are minimal.

Oh yeah, you seem new... remembering the eye and all...

One would think.

best comment in this whole thread

Thanks. I just find it really sucks that we can't get a single response of why this has happened from anyone at Steemit. Pretty lame.

A pixel tracking could do this, very easy to implement.

Thanks for the suggestion. Can you point me to a resource that would explain how to do this? And are there some drawbacks of doing this? (such as being tracked by unwanted parties)

i heard it wasnt accurate.. its possible that spiders and search engine bots could easily mess with the real numbers.. and indeed it could be abused by people to artificially inflate it.. just a guess really as im not sure if the views included page loads from people without accounts.

asi mismo

@ned delegates to @dtube

@dtube is run by @heimindanger

@heimindanger is a bigot who routinely refers to people as "fag" in a derogatory manner.

Does @ned support bigotry?


Good news

  ·  6 years ago Reveal Comment
  ·  6 years ago Reveal Comment