While at the end of the day, witnesses are needed to maintain the infrastructure - what is the point of infrastructure or the blockchain at all if creators aren't rewarded in an equitable manner?
As I stated - people don't come to steem to see the marvels of its underlying technology, they come for the ability to etch their statements into an immutable ledger, get a reward in exchange for that, or to share their creations with the world.
Imagine there would be only Steemit. No SteemMonsters, DTube, 3Speak, Steempeak, SteemWorld,etc.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It doesn't stop the stuff running on the chain, it just takes away the incentive.
Also, do I read this in an Elton John sing song voice?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh wow, thanks! Impossible to read that without singing now! XD
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sorry, not sorry. Great song though!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't get it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And no wonder you don't get it when @holoz0r meant John Lennon, not Elton John...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
tap tap... is this thing on now?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
John Lennon I think.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Imagine there could be a hell of a lot more if it wasn't for most of the witnesses their greed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Don't worry, new APPs will fill the vacuum
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its a bad approach and we have seen it failing first hand. There must be an intrinsic utility value provided by the chain like dApp which generates revenue. Otherwise, the system is flawed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A suggestion could be that when a post is promoted or featured, the money used for that promotion or feature is spread to the accounts that delivered page views or clicks on that promotion, paying content creators for the impressions made.
It's need an ad sense like anti spam / anti gaming mechanism to stop bots, but it's another way to share revenue.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes, something like that. A part of the revenue can be paid back to the apps. In anycase we are seeing the first generation apps and also seeing the issues around it. What we are witnessing, IMHO is the evolutionary steps in the blockchain paradigm. Time will tell beyond the Bitcoin usecase, will the public-ledger will live or not.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope so. I came to this chain to say what I want and to stand by the history of what I say, acknowledging that my changing opinions and thoughts of matters can be scrutinised openly.
It's okay for someone to change their opinion and outline the reasons for it.
It is n it okay for them to delete all traces of what their opinion or idea was at a certain stage of history.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interestingly I was reading a paper given below today ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is great : )
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit