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RE: Distributing Wealth Should Be Equally Profitable
I rather think this idea has the potential to kill the community. 50% curation rewards mean nothing positive for a minnow. This only effects a few current top curators in a positive manner, everyone else would be drastically worse off.
whale/minnow ratio is such that those few large accounts that would curate more due to this still wouldnt be able to make any positive change to wealth distribution. Quite the opposite. This would mean more wealth accumulation in the hands of the wealthy. Taking away from the authors and giving to those that have large upvotes.
This really wouldnt benefit anyone but the few top curators like Kevin or large SP holders.
It's inaccurate to equate the proposal to "taking away from the authors and giving to those that have large upvotes".
Its rather a figure of speech or its a lapsus from my part in explaining my position. You arent "taking away", but you are creating a system that is even more focused towards accumulation of wealth in the hands of the wealthy. I dont think that should be the case.
The problem here is the stake based reward system. I have high hopes for SMTs and their 1 account/ 1 vote system Ned intends to move towards.
It has its own problems, but maybe then we wont need to rely on whale support. If SMTs werent a thing i probably wouldnt be giving my critical opinion on a large account like yours. haha. :D
No one can tell if you're a dog or cat on the internet, even the blockchain..
edit: and extrapolate a few years down when most people aren't gonna give out their votes.
Well it was nice talking to you, regardless if i agree or not. Off to tell Grumpycat he is wrong about something. See how it goes. hahaha.
See ya round. ;)
Lol btw to clarify, I'm liking that 1 account / 1 vote system as well. It's value, security, scalability etc will depend on use case.
Kev, i read this post linked below. I think you might find it interesting. Its not really connected to our convo, but since you are a manual curator im pretty sure you will find this very "frustrating" if you arent already aware of the practice.
See ya.
https://steemit.com/steemit/@firedream/another-way-of-milking-the-system