RE: The account-based voting revolution
My two cents.
First of all, I agree the current reward system is far from being optimal (it is even wrong). This being said, one sentence got my particular attention:
My suggestion would be along the lines of active members from each community votes for curators, and the highly ranked curators then have higher influence over the reward pool.
I like this. It goes very well with the development of the communities. But how is this different from delegations? I would say not much, somehow.
However, one may need a pool of people (manually) checking the behavior of the curators in order to prevent from abuses at this level.
So in short, thus may go along with the community deployment and kill the entire voting-bot mess. If I am not wrong. This is nice :)
Crucial difference. Currently, whales dominates the reward pool. After something like that, reputed curators and community leaders such as yourself will dominate the reward pool. Doesn't matter if you have a million SP or 1000 SP, at the end of the day your voting influence is based upon how good a curator the Steem community thinks you are.
Of course, this is prone to abuse and circlejerk too, but at least it makes some sense and reflects the public, rather than just some nonsense algorithm currently that assumes "the richer you are, the better curator you are".
I agree, and I suggested this in the next sentence - a judiciary system to stamp out abuse. Steemians can vote for people to be elected as judges etc.
Besides that, the community can choose to unvote their curators, just like they do with witnesses now.
Note - all of the above are simply my vague suggestions, and I don't expect Steem to actually adopt any of it. I'll be interested to see their solution though.
Agreed. Something (anything) should be done, in one way or the other. The current system is not sustainable on the long run.
Or downvotes could be used as a measure of curator quality. If after the vote there is flags, the curator reputation Go down.
Not necessarily in the way reputation is currently implemented (if I am not wrong).