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RE: Math of Steem - how much curation does DTube pay out?

in #steem6 years ago

          I think if someone wanted to make a lot of money, then they could offer a 5% service. Advertise it as such, make sure the people can see the 5% fee they charge. Then they can state on their page, we do not time your video out after 7 days, you may relink the video and post every 7 days without worry.

          As far as I know other than the people on steemit, there really is not a rule against reposting your own work. You are violating no rules. So the inability to continue to gain on going rewards from a video or any posting is entirely due to people's fear of the downvote.

          A Video Storage/Viewing service that allows repeat posting for rewards, while initially may have a lot of content downvoted, eventually the service would reach haejin levels and people will just give up the down voting. After all no rules were broken, or violated.

          So the reality to limited rewards for any post is only the fear of being downvoted, or blacklisted, because there simply are no rules against re-posting.

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While the quality of content will often have a temporal component, it is rather arbitrary to limit it to 7 days. This limit is one of the biggest flaws of steem, because it discourages quality content. Services that work around this flaw should be welcomed.

I can understand why steem did something like a seven day payout window. Nowhere does it limit or restrict how often a person can repost the same thing. The only thing that stops people from doing it is fear of reprisal from self appointed content cops on steemit. I do not mind people downvoting for reward disagreement, or plagiarism or any of the reasons the down vote flag has. You can not plagiarize your own content. To the best of my knowledge, it is not in the white paper, the FAQ's, or the blue papers. It is just something people either do not do out of choice or out of fear. Some I am glad to see do repost, and I think the numbers will grow with time. There is always a new audience. I found an Author I like to read stories from, they were first posted in 2016 early 2017. I had to dig for those stories. So I am glad to see when Authors repost their past stories.

But why should one have to repost? I have content here that may need to be corrected or amended or that would provide more value if I edit to provide pointers to other posts. I've also come across content that is old, but that I found very useful. Why should the author not be rewarded for me upvoting that content and me for curating it? It makes little sense and rules that make little sense are unlikely to garner a large user base. Without a large user base, the audience for content is limited and the value of the platform is limited.

I have no idea why they chose a 7 day payout cycle, other than the fact who ever developed it sees it as work done in a work week, and thus they pay weekly. Kind of like a house builder. They get paid by the week, then when the job is done they do not get paid again. Now you bought that house, you do not keep paying the house builder for the house. If you took a loan to buy the house then you have to pay the bank to live there, and the government, if you paid cash, then you just pay the government to live there. But the house builder no longer gets any payment from you for living in the house.

People like getting paid, they did at least understand that, and I can see why they chose a 7 day period. How often should the payouts be done on a post, how much computing power would it take to figure out 7000 post a day, 20,000 comments a day, and possibly 50,000 votes a day (all those numbers are just guesses on my part).

To me the 7 day rule makes sense, it is a common pay day thing. Yes Steemit is an uncommon thing but people still want to be paid.

This seems to be how @dsound works. I remember seeing a thing where they encourage reposting, though I can't find it now.

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