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RE: Suggestion: Creating a New Curation System to Incentivise Upvoting Minnows and Creating Long Lasting Content (Part 1)

in #steemit6 years ago

I like many of your ideas, in particular rewarding older posts and your take on self-voting.

However, splitting the pool 50/50 between creators and curators is not a good one imo, as it would shift a large proportion of the reward pool from content-creating minnows to voting orcas/wales, and thus make the already existing inequality even worse.

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Yes! I feel like rewarding older posts is very needed!

Splitting 50/50 in fact in my opinion would create the OPPOSITE effect! You're right that it might shift more curation rewards to orcas and whales, but only if they're promoting good quality content from minnows. Since minnows were getting next to nothing in post rewards, a single vote from a whale could be worth more than their last 100 posts!

If whales fail to use their steem power effectively, they will receive very little (albeit more than before) and they will suffer from lower post rewards as the post rewards will likely be split amongst many more people, rather than just the top whales!

If you're interested, here's some case studies of my algorithms !!

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