50% might be a difficult number to swallow, but the economics are entirely different from ad revenue ones people are use to
Right now they're getting 75% of piss all because they're losing it all to stakers getting their vote rewards back one way or another. The EIP is offering 50% of hopefully almost the entire pie. It'll be up to us to communicate this to people so they understand.
50% of a pumpkin is more than 75% of a grape.
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Haha lol . A quote i’ll probably put on my wall !
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Did you? :p
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Haha when you say something on the blockchain it stays there forever, I guess this is a point in case lol. I haven’t done that yet but I definitely still should !
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I'd totally vote for your wall if you did that, man.
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Haha when you say something on the blockchain it stays there forever, I guess this is a point in case lol. I haven’t done that yet but I definitely still should !
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I think you meant to respond to @acidyo but got me instead.
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You’re right. Thanks for letting me know !
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I cracked up laughing the moment I read this.
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I must have been hungry when I wrote that.
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On Golos ( Steem fork ) people can choose any curation percentage inside the corridor pre-set by witnesses. By now it's from 51% to 90%.
Still it didn't eliminate vote bying.
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tell me a little more about them, why are people selling votes if they can just farm the 90% curation posts? is it something to do with their curation curve?
what other economic parameters do they have? free downvotes? what's their reward curve?
what's the overall economy there like?
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Most of parameters there could be changed by witnesses without any hardfork.
By now the majority of top-witnesses have voted for linear rewards and zero minutes early voting penalty.
The actual consensus state can be viewed on explorer https://explorer.golos.io
My understanding why people are still bying votes is some sort of addiction to be on the Trending.
And actually it isn't always 50/90, because vitnesses votes are "split" between something like 25/75, 50/50 and 25/90, consequently the parameters can change a few times a day depending of who from the reserve witnesses is taken into the calculation.
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I see
Then I disagree strongly with linear rewards and no curation auction window and full priced downvotes
I somewhat disagree with a curation slider too
Putting these all together, I'm not at all surprised at their economic failure
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I don't think this economic failure have anything to do with the curation model.
And actually the failure of falling from $0.30 to $0.05 as it's the case of Golos isn't so much different to falling from $6.00 to $0.3 as it's for Steem.
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我真的一点都看不懂
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