You are viewing a single comment's thread from:
RE: Bid bots aren't the devil and neither are Linear Rewards
You seem to have drawn a line between the large stakeholders as 'good' and the people who earned their stake as 'not caring'.
I might have seemed to draw such line but I never draw such line. Someone who has 1 millions SP care to the same extent than someone who has 1 SP, they simply don't care to as many SP and whether they mine, blog or buy to get it it's still the same market price when they come to sell.
Should Steem be giving free Steem to those who don't engage in proof-of-brain?
Should Steem give the biggest advantage to those who don't engage in proof-of-brain?
Have you read "Evil Whale"?
You can say the same thing about all the 'free steem' that is being given out to whales and the people they vote for under the n^2 system.
I don't know what is being compared here, and who has an advantage over who in the context of the question.
Yes, it was written in the context of a reduction in curation rewards, and explained the theory of how good voting and curation was incentivized through the existing voting/rewards structure. There are parts of it that are flawed when trying to use the same analysis in the context of linear vs. n^2 curation rewards, and there are also some things that we have learned since the post was written (two years ago) which were the reason the new hardfork was made to change away from n^2. There are a lot of good and valid points in the post.