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RE: The Gini Coefficient For Steemit Is Not Just Bad - It Is Getting Worse!

in #steemit7 years ago

After reading some of the comments in stellabelle's post about the death spiral, the solution to decreasing the Gini coefficient is rather simple.

We need more genuine content. Less content about making money, less meta-posts complaining about certain flaws. Just more people writing about stuff they finding interesting. With more interesting content, that will attract more eyes and those new eyes will vote for what they enjoy.

The only issues from achieving this goal:

  1. Curation favors those who regularly are highly rewarded. Needs to be fixed.
  2. Filtering on Steemit sucks (finding what interests you). Communities could help this a lot, but we know very little on exactly how this will be implemented.
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The comment section on @stellabelle's article is indeed very informative. Maybe the system works fine and it's the users who don't get it but for that it is too early to see.

I agree with you on the two points. Especially the site functionality is poor. I hardly find new interesting users to follow. But maybe that is the idea of the Steem blockchain: Build your own front-end and do it better. But so far - among the coders - only @elear understood that part, which would make it again a matter of time.

In case the mechanism does need some change, I would propose something like a square root solution for curations from a certain threshold onwards. That would change the voting power significantly.

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