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RE: Why linear rewards in HF19 won't solve SteemIt's main problems
All your points are very valid. I would say 100% valid :)
I agree with you on almost all conclusions. Except for:
right now on SteemIt we experience exactly the same problem with the power of the rich as the old system we're so desperately trying to leave
I am not sure that those with a lot of Steem Power are really trying to leave the old system. I think that they are trying to hold to this power and use it. Yes, they invested in it, somehow. They won't just give it away...
The two major pitfalls of the platform remain untouched:
- massively skewed power distribution
- invisibility of posts from majority of authors
No, I don't have solutions to those two. Linear rewards might be a very small step towards fixing the first issue without actually hurting the major power holders.
I wasn't talking about large SP holders wanting to leave the old system, i mean that we're all trying to leave the old money system and centralization of power.
The "invisibility of posts from majority of authors" problem shouldn't and can't be fixed by the blockchain. Marketing is the task of the author, not the protocol ;)
Thanks for the feedback.
You are welcome :)
I used your post as a reference here.
I am talking about the old system copy pasted to the blockchain - power distribution and stuff :)
Blockchain in itself won't solve the invisibility issue, I agree. The front end usage of blockchain data might solve it ...
Yup there are small improvements in the clients that could get us in the right direction. And of course there is "promoted posts" already!
I think the promoted posts system is leading exactly in the wrong direction - if I understood it correctly. It enable people who have a lot of steem already to make even more., while someone without funds is screwed. But that just as a side note.
The problem with invisibility of posts (minnow posts in particular) I see as a major issue, especially if - as we all hope - Steemit grows to a size like YT or Facebook or so.
With numbers of new submission like those have, your post has less chances to last long enough in the visible region like a snow flake in hell.
I admit, a perfect solution for that escapes me as well. The only thing I can imagine is a kind of splitting into fields of interest, time spaces or whatever.
A good (silly) example is a live stream on YT with 10.000 viewers, that has a open chat running. Everybody is posting, but you basically cannot read anything, because it just rushes along.
If rhat happens here, people will start to leave again, rewards or not.
It's already a huge problem, even without 100s of millions of users. It's caused by curators not having incentive to find quality posts. And whales are even more problematic, they make money regardless of what they do (even by potentially adding low quality to the platform on a regular basis). The fact that all whales have 1000s of followers and some of them almost never post any content says enough about people slimeballing whales all day and the protocol allowing quantity over quality.
Yes, its impossible to look at every post, even briefly. And the curation thing, IDK... Whats quality and what isn't is a very subjective thing. Being too strikt will scare many people away and will take some of the fun factor of it all.
To the voting power thing... it might be worth concidering a equal power for all system, with a vote limit per day or something. The way it is now, is incredibly complicated. But I guess such a suggestion would meet a lot of resistance.
The quality of a post is almost entirely a matter of opinion of the people who are reading the post. Of course, it doesn't matter how high the quality of a post is if no one sees it because of the volume of posts on the feeds. I don't look at the trending or promoted post feeds, and I seldom look at the new feeds. It takes most of my time here just to look at the new posts from the people I'm following. That's pretty much the best I can do.
The system should reward curators to find great content that is undervalued, currently it doesn't.
The volume of posts is actually not bad at all, you can pretty much scan the NEW section all day and rarely not being able to keep up. Not that i scan NEW anymore, because it's quite pointless :)