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RE: Does anyone else feel like the whales have become a bit too…powerful?
will be interesting how the whales will tackle this problem. If you can't fix this, people will stop using steem and walk away.
will be interesting how the whales will tackle this problem. If you can't fix this, people will stop using steem and walk away.
there are 2 forces.
One that decentralize the power -> Author's reward
One that centralize power -> Curation reward
This way the people who have most to lose by voting on low quality content(whales) have the right incentives to maximize their returns and vote on good content.
While people who are at the bottom of the totem pole gets to climb on their merits by creating good content.