Resteemed, your honesty is refreshing and while I know this is contentious I just can't see things getting worse.
I listened to a heated convo on that bastard discord earlier today and you of course were brought up as the discussion was about why EIP now?
It seemed like a crazy idea when first introduced by you collaborators but some feel it's recently gained traction due to an overall sense of panic.
I think it's valid to point out that proposing a new economics model that's the lesser of two evils is an admission that it cannot be more broken than it is currently.
This is difficult to come to terms with. But, as a relatively new user that is in the minority as an adopter attracted by a censorship resistant platform that offers a steep learning curve but rewarding edification in all things crypto I see this as a step to less of a plutocracy.
As it is nobody like myself will ever stick around here as I have. I feel I represent the moronic normie social media users that are using every other centralised platform in mass and we can save this place from itself.
Basically this platform is completely broken due to badly aligned economic rules. It couldn't get much worse than right now unless you actively tried.
By introducing a series of measures, we can better align individual profit maximizing behavior with honest voting. But these measures themselves have downsides so we have to be careful not to crank the dial up too much.
If we get the dosage just right, we'll hopefully get a working content discovery and rewards platform with minimal or at least tolerable negative side effects. There's just a lot more to gain than to lose.
Agreed, does the option to have the content creator choose the percentage of curation complicate matters further or is that an absurd idea? I would assume it would create a ton of data and appeals to me as it gives me the freedom to experiment within freedom's experimental ecosystem..
I want to also add how impactful temporary delegations could quickly improve a small accounts stake that manually curates.. In 7 months I've made 7 sp curating, if a whale delegated to me for a month I would vastly increase my earning potential. This seems like a positive aspect I think that's not been seen from the redfish lens. As it stands I give two fucks about curating as its pointless except to support what I enjoy. That's the point of social media
Curation slider will likely just encourage big stakers to pile onto posts that offer 100% curation (effectively self voting). It's a complicated economic subject because ultimately, a secondary market can circumvent most (all?) primary rules, but I'm somewhat against this one overall.
A delegation market will still exist, but it'll be quite different after the dust has settled under the EIP. Delegations will likely be cheaper as it doesn't have to price in self voting/vote laundering.
That all makes sense... Thx
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On that bastard discord? That's hilarious. :) I'm flattered.
Haha, I didn't name names and I just meant discord in general as an off chain forum where the real drama lives and breathes.. Nothing at all personal
mhmm. ;) I stand by everything I said and have self -identified.
I never say things I don't want to get called out for.
Regarding these issues:
On their own I am not totally opposed to any of them. A panicky hail mary hoping for the best I am strongly against.
Its a bad idea, too close together without thought or reasoning and will not bring in new users and will likely run off many more of the few users we have left
It feels railroaded and panicked and rushed. It is up to our witnesses to keep the chain safe, I am hoping they will do just that. However, it looks unlikely. A DPOS system is only as good as it's largest stakeholders.
Oh and to Traf good motives to do bad things... That's weak even if you try to distract from it by using the word cunt. Dishonest and underhanded is just that. And yeah there is no need for that kind of language.
Wankers wank.. It's what they do, when they get caught they try to pretend someone else made them wank.
I have more respect for Bernie, at least he does what he does and doesn't make lame excuses.
Agree or disagree, your characterization of this as remotely panicky is way off base. All of the components have been discussed for a year or more (some more like three years) and the package as a whole for several months.
This isn't being done on a sudden or panicked basis, it has been very carefully and very extensively debated and considered, and eventually the dev team and most of the major stakeholders have largely come to a consensus on it.
Pretty much the opposite of panic.
That's an interesting point of view and I fully disagree. Also regarding the dpoll taking consensus, it was out of context.
The code isn't out and I thought you guys couldn't come to consensus until there was code. Make up your mind. Just the other day you said there is nothing to come to consensus on.
"The discussion period is over when someone (generally steemit in practice) creates a credible code release that can either be adopted or not. Its up to them to decide. That could happen 30 seconds from now or 30 days."
^^ Your own words directed at me... Which is it @smooth?
That is true formally. If the code comes out and it sucks, witnesses will reject it regardless of what was informal consensus earlier, and if it is very unpopular, especially with large stakeholders, witnesses who try to approve it will be voted out. Or for that matter, people may simply change their minds.
Informally, there have been discussions for months to years and a rough consensus appears to be in place to move forward with EIP. But ultimately you are correct that we won't know for sure until a specific hard fork candidate is considered for activation on the blockchain and then either is or is not activated.