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Elimination of Curation Rewards by timcliff

View this thread on: hive.blogpeakd.comecency.com
· @timcliff · (edited)
$77.29
Elimination of Curation Rewards
http://i.imgsafe.org/4865902d23.jpg

"Eliminating curation rewards would be saying that curators should perform unpaid labor for the authors and the steem power holders." - @remlaps

There are a lot of reasons **not** to eliminate curation rewards:
1. Curation rewards are currently one of the only reasons to power up / remain powered up.
2. There are a **huge** amount of users that are actively involved in the platform through curation activities (developing bots, curation trails, guilds, manual curation, etc.).
3. Curation rewards provides a financial incentive for users to spend a very significant amount of their time discovering good content.
4. The goal of the platform is to reward users for their contributions for the platform, and curating is a form of contributing.
5. Lots of users find earning curation rewards fun.

To a large extent, we are going to get what we curate. If the stakeholders are allocating a significant amount of rewards to photography, we will attract more photographers. As more photographers are attracted to the rewards, competition will drive higher quality photography. (That's the idea..)

Unfortunately the curation reward system that we have today has been shown to incentivize the wrong type of behavior:
1. A large portion of voting is taking place without users even reading or evaluating the content. While bots _could_ be used to perform a lot of automated evaluations of content that would not be easy for humans to do on a large scale, that is not what they are doing today. Most of them are designed to maximize earnings from the curation rewards game.
2. Many voters calculate whether they will receive a good curation reward, over whether they 'like' the content.
3. Lots of quality engaging content does not receive significant rewards, because it is not expected to receive a lot of votes.
4. Established authors who are producing sub-par content still get lots of upvotes, because they are on auto-vote lists and are expected to receive lots of upvotes.
5. Very few people vote on comments, because there is no expected curation reward.

Curation rewards are also not very appealing for new users:
1. Voting before the first 30 minutes is bad. (Well, sometimes. It depends.) This adds confusion to what would otherwise be a natural/organic process.
2. In order to maximize curation rewards, you have to vote on 40 posts per day. Every day. 365 days a year. If you don't, you will be losing a percentage of your stake to the users with auto-upvote bots. (That sounds like a job!)
3. The amount that you see in the "Potential Payout" is not the amount that the author gets. It is split 75/25 between the author and curator. Although the author can get more if the curators vote within the first 30 minutes. (You lost me at _The amount that you see in the "Potential Payout" is not the amount that the author gets_.)
4. To earn anything significant from curation rewards, you have to first have a lot of SP. (Wait, I have to give you money in order for me to make money..?)
5. Voting on your favorite content is likely not in your best financial interest.

The benefits to removing curation rewards would be:
1. It would remove a confusing aspect of the platform that is unappealing to typical new users.
2. The decision to upvote would simply be based on what content you liked and wanted to reward.
3. The upvotes would primarily be from users who were actively engaged in the platform. 
4. The motivation to have bots for purposes other than evaluating good content would be greatly diminished.
5. Less voting stake would be used, making upvotes from users who do still vote more powerful.
6. Regular users' perception of the platform would improve.

But wait, shouldn't curators get paid for their work?

**If they do their job well - they will.**

The value of SP will come if we can build a platform that attracts and retains billions of users, in a way that keeps them actively engaged in the site. With a large and engaged audience, that gives us the ability to build a revenue model (such as advertisements) on top of those users. That revenue can be turned into passive earnings for all SP holders.

# It is up to **all of us** on Steemit to direct the rewards in a way that is beneficial to the platform, to give us all the best potential for return on our investment.

When you curate, you are participating in the community's decision on how to best allocate our limited rewards pool. By directing the resources towards the things that bring the most value to the platform, we are collectively deciding on what we feel is the most likely to give us the best return on our investment.

It is entirely up to each user how they want to use their votes, but paying them to do so is not necessarily going to incentivize better behavior.

<HR>

Image CC0 public domain from <a href="https://pixabay.com">pixabay.com</a>.

**Remember to vote for witnesses!**
https://steemit.com/~witnesses
If you aren't sure who to vote for, check out this <a href="https://steemit.com/witness-category/@timcliff/witness-voting-guide">Witness Voting Guide</a>.
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vote details (525)
@anarchyhasnogods ·
"Wait, I have to give you money in order for me to make money..?)"

capitalism m8 that is literally the entire economic system
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@jesta · (edited)
$6.38
Typically service oriented work (like curation) doesn't require you to give someone money to make money. 

When that does happen, it's often considered a ripoff/scam/sketchy. 

The concept of "give money to make money" also applies outside of crypto to pyramid schemes, for profit education, certification courses, and software licensing. They all can be extremely shady operations and it's not hard to find someone screaming about how these things are ripoffs.

The "takes money to make money" mentality in the business world does however make a lot of sense when you're talking about capital, equipment, and hiring. But in a situation where it's about "you" making money providing a "service" (in steemit's case, curation) - being forced to buy in before you're rewarded sounds bad. Some people are against this sentiment.
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@anarchyhasnogods ·
$6.31
in order for the capitalist to make money it must be done off the work of others..... in our case we provide a service and by the nature of capitalism unless the owners gain absolutely nothing we can not gain everything we create..... which is making money but not much.....

but thats private property
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@ats-david ·
>Unfortunately the curation reward system that we have today has been shown to incentivize the wrong type of behavior:

>A large portion of voting is taking place without users even reading or evaluating the content.

Without curation rewards and bots, there still won't be people reading and evaluating the content. There won't be many votes either. This is basically a wash.

>Many voters calculate whether they will receive a good curation reward, over whether they 'like' the content.

I don't see why this really matters. Users can do both. And each has their own merits. Voting for rewards isn't necessarily a vote made on lesser content. These aren't mutually exclusive judgments. 

>Lots of quality engaging content does not receive significant rewards, because it is not expected to receive a lot of votes.

"Quality" and "significant" are completely subjective/arbitrary criteria for judging rewards. Post rewards aren't an indication of quality and with a stake-weighted system, they may never be. Dan could easily go through and double vote on a bunch of posts with his two main accounts, and even have Ned follow behind him. That wouldn't indicate to me that the post was necessarily a "quality" post, but that's what the system is. Those posts may gain "significant rewards," but that would mean practically nothing when discussing quality or popularity.

>Very few people vote on comments, because there is no expected curation reward.

Very few people vote on comments because very few people are actually reading them...or the blog posts.

>The benefits to removing curation rewards would be:

>It would remove a confusing aspect of the platform that is unappealing to typical new users.

Rather than removing the rewards, why not explain the rewards in a much easier way? There's no need to make it complicated. Use pictures if we have to. It really isn't that difficult to grasp. The learning curve is no steeper than learning about the three shells...er...the three tokens. 

>The decision to upvote would simply be based on what content you liked and wanted to reward.

For a lot of users, it's already like that. But what's wrong with gamification for the other users who want to curate for some return on their stake?

>The upvotes would primarily be from users who were actively engaged in the platform.

As a blogger, does it matter where the *upvotes* are coming from?  Personally, I don't care how I get the upvotes. Making some money is great, no matter who's voting for me. The important part is the discussions. 

>The motivation to have bots for purposes other than evaluating good content would be greatly diminished.

Why is this necessarily a good thing? Do you think that bots don't play a role on all other social media sites? Do bots not play an important role on Steemit, even if it's for gamification purposes or improving bot functions and efficiency? 

>Less voting stake would be used, making upvotes from users who do still vote more powerful.

Less voting stake being used might happen. But more likely, those stakeholders would just power down and sell, bringing down the value of the rest of the remaining user base. So, it's a net loss for all of the uppity humans who hate robots. :)

>Regular users' perception of the platform would improve.

Not so. Regular users *who don't like curation rewards and bots* might have an improved perception of the platform. The other huge chunk of the user base will be further disillusioned with the platform. Don't make the mistake of thinking that all "regular users" agree with one side or the other. 

>With a large and engaged audience, that gives us the ability to build a revenue model (such as advertisements) on top of those users. That revenue can be turned into passive earnings for all SP holders.

Well, I'm glad that you at least listened to that and agree with me about it. I just can't figure out why curation rewards can't also exist within this imaginary future platform.
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vote details (3)
@timcliff ·
All great points! Thanks for taking the time to respond :)

I'm not against bots, by the way - just for the record. I just don't think the ones we have today are designed with the interests of the platform in mind. Personally I blame curation rewards, but no need to go into a circular discussion on that.

I had a few more points which I made in reply to your post. I move that we continue the conversation there.
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@clayop · (edited)
Simply (and coarsely) speaking, the bot problem is due to "***complicated*** (gamification of curation) ***unfair*** (superlinear reward calculation) ***incentive*** (curation reward)"

Removing the incentive can abate the bot problem, but I think removing the former two (complicated and unfair) also can reduce the problem significantly. See @sigmajin's [post](https://steemit.com/curation/@sigmajin/an-opponent-of-the-exponent-making-the-case-for-vshare-linearity) and @ats-david's [post](https://steemit.com/steemit/@ats-david/on-curation-rewards-and-their-necessity) for further discussions.
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vote details (1)
@timcliff ·
I've said it in a few other places, but I support both ideas of eliminating curation rewards _and_ switching to a more linear rewards calculation. Thanks for sharing @ats-david's post! I'll check it out.
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@craig-grant ·
https://www.youtube.com/watch?v=wa92JyIbmnQ
👍  
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vote details (1)
@snowflake · (edited)
Craig still buying high and selling low. Nothing new under the sun :)
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@craig-grant ·
160% inflation rate
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@cultura.bitcoin ·
Support your favorite witness
----------------------------------------

https://media.giphy.com/media/l1AvyH2Ag8zFGrjOM/giphy.gif
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vote details (2)
@dan-atstarlite ·
$2.48
One thing this debate has revealed to me... is that lots of people seem to think the best way to increase the value of their account... is by behaving in ways that earn them more STEEM rather than by behaving in ways that raise the price of STEEM. 

It's like everyone's fighting for a slightly bigger piece of a really small pie, rather than trying to grow the pie. Maybe everyone's just assuming other people will grow it, so they're just jockeying for position. But IMO, this pie could be huge if everyone stopped trying to get more STEEM and started trying to make STEEM more valuable. Even the minnows on this platform right now will be whales over night if Steemit grows to be the size of Reddit or beyond.

Whales wanting more STEEM right now makes no sense to me. Even as a small dolphin... I'd way rather see the price of STEEM increase than see my stake increase. I don't vote for curation rewards. I vote for people who I believe are increasing the value of STEEM... call me crazy lol but that's how I think I'm going to make the most money.
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vote details (41)
@awkwardawk ·
To the point. Great analogy!
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@beanz ·
1000% !!!
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@liondani ·
Comments like this make me dream for an option to... resteem  comments! How great would be such  a future?
👍  
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vote details (1)
@luzcypher · (edited)
well said. I only vote for things I like and don't really think about the curation rewards. I am concerned about the price of Steem continually falling though. 

>this pie could be huge if everyone stopped trying to get more STEEM and started trying to make STEEM more valuable.

How do we make Steem more valuable? That's the real question. Increasing the user base hasn't seemed to work. I joined when there were 60,000 users and it has doubled since then and still has not increased in value. It will take a lot more users and things to use Steem for to increase the price.
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@personz ·
Good point 😅
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@sigmajin ·
$0.12
>One thing this debate has revealed to me... is that lots of people seem to think the best way to increase the value of their account... is by behaving in ways that earn them more STEEM rather than by behaving in ways that raise the price of STEEM.

Some of this is tragedy of the commons.  Most of it is simply that most people who participate in any endeavor are short sighted because most people period are short sighted.
👍  , , , , , , , ,
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vote details (9)
@smooth · (edited)
$7.29
Yes or alternately (and I'd argue more correctly since there is no existing resource that is being overgrazed and therefore spoiled; instead this an attempt to build something) a public goods problem. That is addressed by setting things up so that incentives are at least somewhat aligned between short-run individual interests and longer-run social interests. In this case it is very questionable whether the existing system comes even close to that.
👍  , , , , ,
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vote details (6)
@snowflake ·
$0.30
>One thing this debate has revealed to me... is that lots of people seem to think the best way to increase the value of their account... is by behaving in ways that earn them more STEEM rather than by behaving in ways that raise the price of STEEM.

BINGO!
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vote details (12)
@stellabelle ·
http://i.giphy.com/5t4XmHFK5YEow.gif

You nailed it.
👍  , , ,
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vote details (4)
@teamsteem ·
Amen. There a lot of truth in that comment which I think is worthy of its own post.
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@timcliff ·
Well said!!
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@deanliu ·
a new idea just occurred to me while reading here (not mature at any rate): 
***can we separate the roles of investors/authors/curators?*** 
that is, each account can only be set to *one role* at a time (but you can change it after a given period), pretty much like choosing professions in games. So we can have *specialized* investors, authors and curators earning (additional) interests, posting rewards, curating rewards respectively but not at the same time. Then one can focus on only one activity at a time but is free to choose differently in the long run. Steem price will be every *class'* concern. A curator can still post, but the posting reward will not realize and an author can still vote, but no curating reward (but an author's vote with no financial incentive behind it might carry some good information re the content though).
👍  
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vote details (1)
@timcliff ·
Interesting idea. For the splitting of author/curator roles - I'm pretty sure that would just force most people to create two separate accounts. As far as splitting investing/curating, it is an option that is on the table.
👍  ,
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vote details (2)
@deanliu ·
yeah, indeed. your comment is spot on. multiple account problem seems to get in the way of many potential solutions.
👍  
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vote details (1)
@denmarkguy · (edited)
You make lots of valid points here... it's the actual implementation of a fair and balanced curation system that is the hard part. I'm a newbie *here,* but have been part of dozens of *"this kind of gig"* since the very first revenue-sharing , user-generated-content sites back in the late 90's *(Epinions, Themestream, WrittenByMe, etc)* and they almost all fail, mostly for reasons related directly to curation. 

So far, what seems to work best (again, hard to *implement*) is a system that awards the greatest curation influence to those who are the actual "community builders." In other words, those providing consistent high quality content also hold the most influence over curating to ensure that quality content rises to the top, and junk/spam/clickbait sinks into oblivion. Steemit already self-regulates because there are "sliding scale" controls in place... but maybe there also needs to be one that values an "actual eyeballs"  upvote higher than a bot upvote.  

The other source of many failures seems to be the broad *underestimate* of the impact of a simple piece of psychology: Human Greed. We worry about trolls, but there's a *FAR* larger, more pervasive and destructive element out there whom I've come to think of as *"Money For Nothing Seekers."* They are the ones who respond to someone (well meaning) saying *"I am making some extra money social blogging on Steemit"* for ALL the wrong reasons... at least "wrong" in terms of community building and creating lasting value and quality. Yes, they exist. Yes, they number in the millions. They can take an unprepared site down in a few months. I think most of us *know* this, but we tend to sweep the magnitude of their impact under the rug... but that would be a grave mistake, in my opinion.

Anyway, getting back to curation *(and keeping in mine the desires for decentralization, support for alt viewpoints and no censorship)*, it seems important that there be system safeguards that (a) *recognize* when someone is trying to "game" the system-- most likely through automation-- both on the content and curation sides and (b) uses a sliding scale of sorts to render "useless/empty contributions" less and less valuable and visible.

One final thought, before I end this dissertation... IF the long term roadmap is to create a decentralized alt social network that potentially serves tens of millions, seems that would be hard to accomplish without promoting Steemit to a large audience of "outside eyeballs." That said, I think it would be wise to make sure the internal systems-- rewards, curation, social features-- are rock solid just with the existing user base as it grows slowly and organically, before any sort of large scale appeal goes out there. In other words, don't throw a big party till you're sure you know where to get enough food and beer and tables and tents in case it rains and volunteers to make sure nobody drives home drunk...
👍  , , , , , ,
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vote details (7)
@ebryans ·
@denmarkguy, I could not agree more! Upped your comment for the emergence of commonsense, as rare as rocking horse poo, as I like to articulate.
There was recently a suggestion to increase the value of a captcha verified vote by 10 times and an eyeballed (human) with a comment added by 100 times. Bot votes to stay as they were. The realities of this were horrendous in absolute terms.
Perhaps the converse would work better - a bot vote whether private bot or service bot (doesn't that sound funny to you?) if it can be verified as such could have a value of, say, 2% or 5% or 10% or 20% - I am not qualified to rationalise the exactitudes - thereby giving the real content followers a far higher say in value of content. The bots really do little to enhance any attractiveness of the platform other than 'Games' players but the voting system is clearly a key factor.
The bots may cost money to run - but at the expense of the big picture - they are feeding off the good stuff and are, don't shoot me, acting as parasites.
👍  
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vote details (1)
@timcliff ·
$6.61
The problem is that at a blockchain level (where the votes are calculated) there really isn't a way to distinguish between humans and bots.

A capcha system is the only such proposal, but I am not aware of a way to implement one within the blockchain. Plus, even if we could - it would add a mental burden to the act of voting that would be discouraging to a lot of users.

I prefer the elimination of curation rewards, as it essentially eliminates the incentive to use bots in the first place, unless they are the type that can evaluate aspects of post quality (like plagiarism) that are hard for humans to do.
👍  , , , , , ,
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vote details (7)
@dennygalindo · (edited)
## Such a horrible idea.
### We are the only platform anywhere paying to curate and would be one of a million paying to post. 
An even distribution of steem power will solve the bot problem because it won't be possible to front run whales anymore. All these robots are doing is systemimatically front running whales. Fix that and people will be forced to vote. Front running will get difficult as the steem power distribution changes to encompass new types of users.

### Why should we overpay for content ?
If you find you can make more money here than other places for posting the same content we are overpaying for content. I fear we are way over paying for content. Pretty few posts are worth more than $20. Especially when the platform has no right to prevent you from copying it to somewhere else. 

### the only thing useful the platform does is pay people to sort through a bunch of longwinded papers and find the ones worth highlighting. 
Crypto is about decentralizing. This is a killer curation ap. Paying people micro payments to curate. Do not stop paying your star employees!

### differentiation is the key to a good business model. 
We have it don't lose it.

All this said, thanks for raising the issue for discussion. I just feel this would be a huge strategic mistake.
👍  
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vote details (1)
@timcliff ·
> Do not stop paying your star employees!

The paying for curation model is really flawed, because in order to get paid you have to both curate _and_ have a bunch of SP first. As an example, I checked your curation rewards over the past week. You've earned 0.135 SP within a week. IDK how active of a curator you are, but that does not seem like very good compensation.

All the while, the real curation rewards are being dominated by bots and users who are voting on stuff for the wrong reasons. It is encouraging bad voting behavior which (IMO) is very damaging to the success of the platform.
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@dennygalindo ·
Thanks for the reply. I was thinking of erasing this because I think I got too fired up.  
I haven't used a curation bot. I don't think my curation rewards would be that high because i don't have enough sp and don't vote much anymore but I used to be much more active last summer and fall. Then I would try to get rewards by reading all the new post. I only log in occasionally now. I like monitoring the platform to see what is changing. I usually vote for things I want to see more of, introduce yourself post,  and stuff on trending page that i like.  I pretty much stopped trying to get rewards . However I do know the initial draw  to sign up and the only reason I powered up was the curation aspect.
👍  , ,
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vote details (3)
@smooth · (edited)
> The paying for curation model is really flawed, because in order to get paid you have to both curate and have a bunch of SP first.

This is not really true as we have seen plenty of different models for people to be paid some form of salary, finders fees, profit sharing, enhanced curation rewards by trail mechanics, etc. by stakeholders for actually doing the curation.

It is much like any business where both capital and labor are needed, but they don't necessarily need come from the same person.

> All the while, the real curation rewards are being dominated by bots and users who are voting on stuff for the wrong reasons. It is encouraging bad voting behavior which (IMO) is very damaging to the success of the platform.

Usually when you see an incentive system producing undesired results it is because some aspect of the incentive system is misdesigned for the objectives. That doesn't necessarily mean you need to get rid of it. Another option is to try to improve it.
👍  
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vote details (1)
@donkeypong ·
Thank you for leading this discussion. It is very important. We should consider some means of evening things out in terms of the voting power. I don't know if eliminating curation rewards is the best way, but it should be on the table along with any other options.  Let's keep this discussion going and moving it forward.
👍  , , ,
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vote details (4)
@dwinblood ·
$0.31
I believe Curation Rewards could exist, but I do think the algorithm has some issues that do incentivize dog piling, finding people that are followed by bots and voting on them whether you read it or not.

In fact, the "*shouldn't curators get paid for their work?*"   Payment can be viewed in several ways.    If you are encouraging an author that you really like to produce more content, then their content could almost be viewed as a form of payment.

I do believe there can be a happy medium, but I believe the current algorithm places too much emphasis in such a way they results in dog piling more than quality.    Quality still happens, but with bots you end up with people that always get up voted by the same bot.   Some of their content likely should not be worth that much.   What about the gems out there that are not an established author that are ignored, because your daily bot votes used up how many votes you are going to place for the day?

I look at steemit/busy.org a bit different than a lot of people.

I view my steem power more like the potential guaranteed income I have to purchase goods on steemit for that day.   It doesn't actually cost me anything in reality, but it is there for me to spend like a virtual currency.

How do I spend it?    I walk into a store full of content, and just like walking into a bookstore, or music store, or any other store I walk PAST the things I don't like, and I vote on the things I do.    Me powering up increases my ability to reward content creators I like (*posts, and comments*) and being able to reward them better means I'll likely get more content I like.

I personally do not use a bot, though I am more than capable of writing one.   I actually read the things I up vote.   I will occasionally up vote things I may not agree with completely simply due to the sheer effort and thought I can tell the content creator put into the work.

I believe the current curation system has flaws.   Yet so does many other things.   We are working through those.

I do think that algorithm might be worthy of some tweaking...

Also as far as rewards from curation...    Unless you have a substantial amount of steem power those rewards are very very low even with the current system.
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vote details (8)
@sigmajin ·
$6.08
https://steemit.com/curation/@sigmajin/an-opponent-of-the-exponent-making-the-case-for-vshare-linearity

Take a look at this, it goes back to some of the stuff we talked about in the downvote thread, and i think its a much more workable solution to curation problems
👍  , , ,
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vote details (4)
@timcliff ·
I am in favor of doing both. (Removing curation rewards, and switching to a more linear rewards formula.)
👍  ,
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vote details (2)
@timcliff ·
Well said. I totally agree.

One interesting thing though - technically the current algorithm discourages "dog piling". If you vote on a post that already has a high payout, you get less than if you vote on a post before it receives a high payout.

The problem is probably better described in that it encourages voting behavior based on the predictions of what posts will receive a high payout. In theory this was supposed to be one and the same as "good" content, but in practice these two things have turned out to be different.
👍  , ,
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vote details (3)
@ebryans ·
There is clearly a great deal of the author/curator earning metrics which, for me and I suspect many others, resides in algorithm land. Minute knowledge of the intricacies and resultant strategies adopted are to many, like me, anathema.
All I would observe is that it appears to be at the core of the 'Social Media vs Game Theory' tug-of-war.
Social Media cannot be deemed as 'Social' whilst there are posts with 350 votes and 25 views gaining $340 and there are others with 120 votes with 50 views gaining $1.12 - it just is a nonsense.
It might not be a nonsense if you own four bots with 4 different strategies. It might to the coding genius be considered an artform.
The ramifications, however, are harmful to the overall state of steemia. The ultimate destination on this journey is simply a game of thrones - the tech purity leads to a scenario where content is irrelevant. The whole thing ends up disappearing up its own arse like the Pink Panther with the vacuum cleaner.
The curation problem is a problem which can only be solved by curators. They know the game. They also know the positive effect that it can have and the negative effect it can have. Let them squabble over the way to do it for the enhancement of steemit. If they cannot - they all lose and the system focusses upon content.
Meantime, I just get on and do my thing - write and produce to the best of my ability, hoping that that rare commodity, common sense, emerges.
👍  , ,
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vote details (3)
@jamesbrown ·
$6.31
> Social Media cannot be deemed as 'Social' whilst there are posts with 350 votes and 25 views gaining $340 and there are others with 120 votes with 50 views gaining $1.12

This scenario is unavoidable when Steemit members have such varying degrees of SteemPower.  

IMO, the current Steemit "environment" almost perfectly mirrors reality -- "success" generally hinges on impressing a very small, well endowed, crowd.  Furthermore, the system is set up to, in every way, make the game exponentially easier (more profitable) for those who're near the top position, just like how laws/ regulations in the "real-world" are set up to keep the wealthy comfortably outpacing their financial competition (think: tax-breaks/ loopholes), widening the gap more and more over time.

I don't see this as so much of a bad thing as I do another reflection of the human psyche.  Game theory is seen everywhere because our psyche treats all "resource dimensions" (the physical, social, cyber, psychological, emotional, etc.) like a game.  The goal is always to hoard as much "pleasure resource" as possible for oneself, without causing too much violent reaction (threat) from the competition.  

There's always going to be some testing and prodding going on as to where the line is drawn, regarding how much shit the "lower-competition" is willing to put up with, at the cost of propping the "upper-echelons" into more and more excessive riches, before they stop supporting that system, which is, of course, designed and controlled by that elite class.

How much can I get away with?  Hoard for myself?  That's the nature of the game.
👍  ,
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vote details (2)
@ebryans · (edited)
$6.06
Before I write a word, Thank you for engaging with me in discussion. I thoroughly appreciate and respect your stance and I agree with you - in principle - there is leverage in this life and the game is to learn how to grapple your way up the castle walls to the parapet, at whatever your parapet may be.
My opinions do not carry any personal enmity towards anyone. I do bear some enmity towards the miners' belief that their leveraged value is justified to the tune of over 100,000 times that of another. The enmity is towards the belief, not the miner.
Where this falls down is in the nature of the walls. The parallels with real life end when you see the nature of those walls. Where in life do you see the odds stacked against you by over 100,000 multiple - you don't. You might say that you do ... look at Gates, LeeKaiChing, Mr Zara (name escapes me). 
The getting away with stuff is exactly why the price of steem is where it is.
What would you surmise the price of steem might be if the steemit subscribers numbered 100,000? In order to get there, there has to be a few changes. In order to go live and get the 5, 10, 50, 100 million subscribers the system has to change or recognise itself as a hideous feudal system which exploits dreadfully, whilst it is quite happy to accuse Facebook, Twitter and Google for lesser crimes.
Out of rspect I have followed you and look forward to learning from you.
👍  
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vote details (1)
@timcliff ·
> 'Social Media vs Game Theory' tug-of-war

Very well said! This is an excellent characterization :)
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@freebornangel ·
Count me out, I'd rather see the problems correct themselves than to appeal to authority and off their heads.

The people making curation awards undesirable are the problem, not the math that lets them do it.

If we rely on authority, rather than community standards, we end up with a community that cheer the bread and circuses just before the collapse of the system.
We got plenty of that IRL, why would we encourage it here?

Better that we disparage those that abuse Steemit just to mine the rewards, than we take a feature that holds much appeal for many people.

Imo,...
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@timcliff ·
This really isn't a matter of appealing to authority. If anything, authority would typically take a position of preserving the status quo. Proposing that we change the rules of the system is not a bad thing if it makes the platform better. Sometimes a system is setup in such a way that it cannot / will not correct itself without some outside intervention.
👍  
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@freebornangel ·
I'd think that whales down voting your account for mining curation awards would clear up in misconceptions about community standards.
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@grandpere ·
The problem has been known since the beginning of Steemit. Some people thought that the terms "Blockchain" and "algorithms" could solve everything. Math can not yet explain all human behavior.
> I'd rather see the problems correct themselves than to appeal to authority

Such a proposal may perhaps apply to a very small community where it is possible to reach consensus but difficult to apply to a large community within an acceptable time.
👍  
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vote details (1)
@timcliff ·
Sorry, I'm not sure if I understand your thought. What do you propose?
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@imerick ·
I think a way we can improve content curation is introducing a sidebar with a live feed of the posts and comments upvoted by the people we follow.
👍  
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vote details (1)
@timcliff ·
Agreed. I've suggested a tab for that.
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@knircky ·
Yea. Curation does more bad than good and removing it would add value to steem.

What I think should be done though is replace curation rewards with activity rewards or even marketing fund.  We need to reward retention and usage.

But I agree full heartedly that the existing system is so bad it should just be abandoned.
👍  , ,
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vote details (3)
@noisy ·
> What I think should be done though is replace curation rewards with activity rewards 

I agree with that.. but the problem is, how this would be measured? The thing is, this cannot be automated, because if this will be... then bots will try to do everything to be counted as active user.

IMO true activity is when people are discussing with each other. I would prefer to move all funds from voting rewards to rewards for comments. If users are active in comments, then they will have a possibility to be rewarded for that.
👍  
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vote details (1)
@knircky ·
Yea i see your point and concern. I fewl that the curation reward system is trying to solve a problem thats not even a problem. I think we should just do the easy and simple thing and then react if there are problems.

As an example whAtw we need is for people tonshow up
Every day in the site, be active read content, vote and comment. So why not gove rewards for users that show these activities?!?! Yes this can be games by bots. But lets not assume every user is going to abuse until we actually see the abuse be an issue.

Instead we have created a system that incentivices people to vote in a way that completely changes the most important things users are doing: telling the network what they like to a financial game that is best played by an algo/bot.

I would simply give rewards to users that show up daily, vote and comment. But let users comment and vote how they wish.
👍  
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vote details (1)
@timcliff ·
I wish everyone could see.
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@krnel ·
$1.12
> To a large extent, we are going to get what we curate. If the stakeholders are allocating a significant amount of rewards to photography, we will attract more photographers. As more photographers are attracted to the rewards, competition will drive higher quality photography. (That's the idea..)

I try. I have original work. One time, one got above $100, getting visibility, setting an example of quality to get rewarded. Then it got flagged for "too high payout" and "not being valuable to Steemit" or some such nonsense... That's while another post that same day by me, was not my original higher quality content, got close to $200, for cannabis.

Next, another time a post on quality important truth, morality, got above $100, that was too much again, knocked down with a flag. Other posts don't get this treatment. I have pulls from the blockchain to prove it.

Then again, another quality post on morality, this time it was at $70, so flag it down to $40. Hehe.

Visibility goes down, and attracting people to do the same is diminished.

I agree with how things should work based on how companies who produce things do succeed, and that is with a recognition of the importance of quality. But some people work against quality, because they don't think there is "quality", or that the content is "not valuable to the platform to attract new users", and other excuses.

So rather than spend time, effort, and creating higher quality original content, why would someone do that when it gets "punished" each time?Other posts, not original, less high quality that I make, can go to those payouts and they don't get flagged. Funny isn't it...

---
Curation can be free. If you care about the platform, you do it, for whatever content you want to promote. That's how I have done it. I don't  look at curation rewards, although at some point I tried to do the 20minute mark thing. Vote for it early, later, whenever you want. 

Early helps the author more, but so what if you're later? It shouldn't be about your curation rewards, but about valuing content for content. That's what needs to get into many people's understanding. Bots cant evaluate content for content. Consciousness is required. So what if you only do it at 9pm once a day for everything that day and don't get the curation rewards. Bots can be used to vote for trusted authors, then unvote  manually on review once a day, etc. There are indeed better ways to use bots, but I'm still for consciousness being what drives actual social media.
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vote details (19)
@faddat ·
The social contract is quite flexible round these parts you know?
👍  
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vote details (1)
@personz ·
> Bots can be used to vote for trusted authors, then unvote manually on review once a day, etc.

With the current system, there's a big advantage to voting early so as an optimisation problem, this is not going to be the best way and so will not "naturally" attract people. And it's not just about curation rewards, voting early draws more attention to good posts, so helping it snowball. For posts you believe in this is desired.

> There are indeed better ways to use bots, but I'm still for consciousness being what drives actual social media.

I'm coming round to this way of thinking and trying to think how bots can fit in better. The argument I make above is not necessarily the best way that Steemit can be, but it makes the most sense with the way it is. A change, probably a fairly core one, is needed to encourage more conscious engagement. That is if it's agreed there's an engagement problem. Some prominent witnesses I spoke to did not think it was 😕
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@timcliff · (edited)
I'm with you with everything you said about curation/voting. Flagging is a separate issue on it's own, which warrants it's own discussion.
👍  , , ,
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vote details (4)
@wingz ·
The examples you've given are very much determined upon your lens or perception of the world. You say cannabis is less important but a 'quality post on morality' is... 

Who's supposed to judge that and give it context?
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@sigmajin · (edited)
>Who's supposed to judge that 

an expert on morality, ldo (though i do believe krnel is one of the best posters that lives on the front page_
👍  
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vote details (1)
@leesunmoo ·
지금의 불공평한 보상체계를 그대로두거나 조금 개선하는정도에서 머물고, 큐레이션보상을 제거한다면 스팀은 망합니다. 스팀이 페이스북이나 래딧과 차별화 되는점이 무엇입니까? 저자보상과 큐레이션보상입니다. 후발주자가 선발주자와 경쟁하려면 차별화는 매우중요합니다. 그것을 포기하는것은 망하자는겁니다. 페이스북은 봇이 없습니까?
페이스북은 스팀보다 더 많은 봇이있지만 지구촌 최대의 sns플랫폼입니다.
스팀의 모든문제는 불공정한 보상체계로 인한 보상의 극대화를 위한 보상게임을 유도하는 부분입니다.
👍  ,
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vote details (2)
@timcliff ·
> (Translated) If you leave the current unfair reward system or stay at a little improvement, and you remove the curation reward, the steam will go down. What is the difference between Steam and Facebook? Author compensation and curation compensation. Differentiation is very important for latecomers to compete with first-runners. Give it up is a peril. Does Facebook have no bots?
Facebook has more bots than Steam, but it is the largest sns platform in the world.
All of Steam's problems are part of inducing reward games to maximize rewards through unfair rewards

Even without curation rewards, there are a lot of differences between Steemit and the other social media sites. For one, as SP holders we essentially have a stake in the platform. If we get to where there are billions of users, and are able to build a revenue model on top of an active user base - that would be HUGE for SP holders. Way more than curation rewards are going to do. And in my opinion, curation rewards are _one_ of the things that are holding us back from getting there.
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@libertylol ·
As a new user (literally, 20 minutes ago), I find the fact that auto-bots exist kinda defeating the point of an organic user-based feedback approach.  

Should I just develop a bot and watch the nickels roll in?
👍  
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vote details (1)
@lovejoy ·
Well, you've got me thinking... :)
👍  
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vote details (1)
@lpfaust ·
$0.13
@timcliff I have felt since the beginning you are doing the job I would expect from a witness, thanks for doing what you do in the Steemit community.

I think I would begin by asking the question what is the most fundamental end result which is trying to be achieved? 

Is it to level and redistribute voting power for the purpose of giving a more "equal" voice? If so, curation rewards would not have to be eliminated to achieve this result. The vote power algorithm could be changed without affecting curation rewards.

Is it to reduce bots and force readership and engagement? I would argue again curation rewards would not have to be eliminated because more richly rewarding comments and reducing curation rewards (as proposed by Ned & Dan) would incentivize this based upon sheer shift in ROI until bad actors figure out how to game that system.

I think the absolute most fundamental end result everyone on this platform is attempting to achieve is a significant rise in the price of STEEM. It can be argued there are other issues, but I think a consistent rise in the value of STEEM would cool emotions and open ears. As a digital commodity, the value of STEEM derives its perceived value from some real world "thing" or utility it is commoditizing. The fundamental questions are what is the thing it commoditizes and why is it's perceived value so low and loosing value? I would argue this "thing" being commoditized is vote power, and it is being fairly valued as close to worthless because of the broken vote power algorithm. Nobody is willing to invest in the long term value of vote power by converting it to STEEM Power - not even whales powering down at increasing rates. It's not about altruism from the whales, it's about the perceived value of STEEM by all parties invested in the platform (witnesses, authors, curators, etc.)

The market is deciding every day the value of voting power for rewards is worth less because the ugly truth is there is zero chance anyone who is not a whale will ever come close enough to sniff (let alone see) voting power which will have any chance of having an impact on voting rewards. The current conditions, the current vote power algorithm and the laws of mathematics assure this absolute certainty. 

The root issue is not about curation rewards in my opinion. it is how the power of a vote is determined algorithmically.

I followed the discussion on the previous thread, and it honestly left me amazed at how some of the whale community view the contribution of those who produce content for Steemit. The fact some perceive curation as more valuable than content production, and more deserving of a greater portion of the rewards, shows the sad, guilded  state of things. 

**Content** not curation is what brings people to Steemit. 

**Content** is what will make Steemit go viral in it's current form.

People don't come to Steemit to watch people click arbitrary upvotes. A simple comparison of page views against upvotes is the clearest representation of this.

It is that content and those authors who bring people to this site and create a perceived value for STEEM tokens. The fact that myopia of that degree exists inside the group which stands to benefit the most from content which goes viral jaded me. I suspect as others who produce content read that, the same feelings (or worse) will wash over them.

More importantly, the deafening sound of silence from Ned & Dan despite a large portion of the community engaging in this topic is incredibly disheartening. Leadership is desperately needed and it's clearly obvious.

* We need to hear the thoughts of the Steemit developers. 
* We need to hear about how easy/hard these solutions would be.
* We need to hear their ideas and their proposed solutions to fix the problem.

When one receives no answer every time the question is asked, that is your answer.

It's not the curation rewards. It's the voting power algorithm.
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vote details (20)
@jesta · (edited)
$0.26
> I think I would begin by asking the question what is the most fundamental end result which is trying to be achieved?

I wanted to reply to this specifically from my point of view. 

The reason I want curation rewards to go away is the same reason I'd like to see money removed from political elections - the for profit motive. 

Right now it's my personal believe that the majority of rewards distribution happens not because the content should be rewarded, but that the voter wants to earn a reward. This makes the basis our popularity and content discovery systems driven by a for-profit motive, as opposed to a for-quality motive. 

There are many other problems that still exist within Steemit, some of which you bring up, but curation rewards removal is trivial and in the long run would have a positive impact for the philosophy behind the platform.

Excellent post BTW, I don't disagree with many of the other topics you mentioned. I choose just to address this one point because I believe this change would help us trim the fat from the platform and in the long run make things a lot better.
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vote details (12)
@clayop ·
>  I'd like to see money removed from political elections - the for profit motive.

Well said!
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vote details (3)
@lpfaust ·
$7.03
@jesta first, thanks for taking the time to read and comment. I appreciate it.

I don't think curation rewards and voting power need to be mutually inclusive. I think they can be mutually exclusive and should be changed to reflect that.

I think curation rewards should remain for whales because I believe they should benefit from the investment risk related to the development and upkeep of the platform which they take on. If the plan is to have more decentralized development, I think they should have some way of capturing economic benefit to reinvest into the platform. However, I don't believe their share of the curation rewards should somehow be directly correlated with their voting power.

Removing the curation rewards without doing something to increase the perceived value of STEEM to realize a gain of some kind, I feel is a non-starter. Being told your rewards will come from an increase in perceived value while enacting no change which would increase perceived value is awfully unfair, and (I think) will make many whales question what benefit is there to hold any STEEM as STEEM Power.

How would future development be funded in lieu of curation rewards?  I get that most whales mine STEEM, but eliminating curation rewards effectively cuts development budgets.

I am an accountant by trade. The best example of what I think a whale stake should be is similar to a preferred shareholder. Preferred shares receive regular dividends, but hold no voting rights. If the company sells or liquidates they get paid before the common stock shareholders. It's part of the benefit given in exchange to forego voting rights.

I think curation rewards serve a very important function at this point and the focus needs to be on a broken voting power algorithm.
👍  , , , , , , , , , , , , , ,
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vote details (15)
@snowflake · (edited)
I agree, the real issue is influence but curation rewards are also a real problem. How is steemit going to approach sites like medium when everything is run by bots. Do you think medium want their content to be upboted? They would never integrate with steem because their reputation would take a massive hit if they do due to the fake steem voting system.  
Regarding voting algorithm, I'm not sure if making it more linear would make any big difference as whales have so much steem compared to everyone else. 99.8% of users have less than 50 000 steem power while whales have millions of it. The system needs to be totally scaled down.  
How do you suggest the voting algorithm should be? If you make it that the more power you have the less influence then i think it would remove the incentive to want more of it.
👍  ,
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vote details (2)
@lpfaust ·
$7.08
@snowflake I agree with you bout the issue of bots. It absolutely destroys any credibility Steemit would have as it relates to Medium or any other platform without bots. I believe it is one of many reasons why established authors and upcoming authors either, "hit it and quit it," or avoid Steemit altogether. 

If I put myself into the shoes of a whale or early adopter, I would feel that I invested in this site before it became marginally successful. Why shouldn't I get economic benefit from the risk I assumed...and I would agree with them wholeheartedly.  I just don't believe their power to upvote be so insurmountable that 350 others of lesser power won't even come close to 1% of their voting power. 

Perhaps some kind of preferred shareholder like scheme could come into play. Here is a thought, what if we draw a line like 250MV as "whale territory" and we say above that line, vote power is nil. In exchange, everyone above that threshold is entitled to a portion of the entire curation reward pool - maybe 50% of the pool. The distribution will be based upon a weighted average STEEM Power of everyone above that threshold so the more SP you have the greater your portion of the reward pool. Then, the incentive exists among whales to hold and grow SP to get a larger portion of that guaranteed reward. Everyone below that threshold can then have competitive voting power which will make their vote power effectively more power.

Maybe that could be some kind of solution. Everyone gets something and curation rewards remain intact.
👍  , , , , , , ,
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vote details (8)
@sigmajin · (edited)
> 99.8% of users have less than 50 000 steem power while whales have millions of it. 

If you count users as honest to goodness human beings that are participating in the system, this probably is not true.  Most of the 100K accounts youre using to figure out that number are mining or farmed accounts (its necessary, to a certain extent, to use multiple accounts to mine) -- that is to say accounts that were not intended to be used for pariticpation in discussions.

If you look at the active last 24 hours numbers, 579 users out of a total 3048 active users had 10MV (about 40-something thousand steem) -- thats just under 19 percent... and it includes around 800 accounts that are dust accounts almost certainly proxied mining or farmed accounts.

(note  -- i think the 7 day active statistics are a better measure of the real number of users, but at the moment those are skewed because me and ubg were using out bots in the last week)
👍  
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vote details (1)
@timcliff ·
Hey @lpfaust - thanks for your well thought out and detailed response! Thanks for all you do for the platform as well :)

I explained in the post the reasons / benefits for removing curation rewards, but if I _had_ to pick "one" I would say it is to remove the corrupt influence they are having over the distribution of the rewards pool. I feel that there are a community of active voters that are spending their time upvoting the stuff they feel is 'good', regardless of any curation rewards that they might receive. These people are a small percentage though, and I feel that most of the voting that is done is for more financial reasons.

Removing a part of the system that is not very beneficial (and actually somewhat confusing) to new users is also the other main driving factor.

As far as the voting power algorithm (currently n^2), I feel that this is a separate but very related issue. I am actually in favor of the discussions going on regarding this as well. Personally, I would like to see both solutions implemented - as they deal with separate issues that are both affecting the platform in similar negative ways.

I wouldn't be so quick to criticize Dan/Ned on this one ;) The Steem/Steemit platform is a community project, and a lot of changes like this are driven by the community. Participation in discussions like this are a large part of how we as a community will drive the project forward. I have actually been in discussions with several members from the dev team regarding these changes, and they have been involved and giving feedback. They have also upvoted and written several comments in many of the posts over the past few days. (Dan was one of the people that upvoted @snowflake's post to get it to the #1 trending spot for a night over the weekend.)
👍  
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vote details (1)
@lpfaust ·
@timcliff fair enough on the point about criticism. I think the non-devs in the community I have interacted with and heard from feel as though they are not hearing from anyone or are not included. We generally don't go to Github, etc. I almost wish the conversations would be resteemed on the main steemit feed.
👍  , , ,
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vote details (4)
@marifa ·
resteemed
👍  
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vote details (1)
@nkleet ·
How can i avoid curation reward on my post?

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  , , ,
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vote details (4)
@timcliff ·
It is not possible. I suggest reading the whitepaper.
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@nkleet ·
Haha. My posts dont get upvotes. I get them via bots only. Suppose, if i get my post upvoted after 2 days, then will it be possible? Someone told me curation takes place in first 30 min only

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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vote details (4)
@nonameslefttouse ·
> But wait, shouldn't curators get paid for their work?

>If they do their job well - they will.

>The value of SP will come if we can build a platform that attracts and retains billions of users, in a way that keeps them actively engaged in the site. With a large and engaged audience, that gives us the ability to build a revenue model (such as advertisements) on top of those users. That revenue can be turned into passive earnings for all SP holders.

How did these curators get the SP without the curation rewards?
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@lovejoy ·
I guess through the other means of acquiring SP... through content creation or by purchasing Steem, presumably.
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@noisy ·
it is not so difficult to write a comment and be rewarded for that.
👍  
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vote details (1)
@nonameslefttouse ·
That's true.  Worst case scenario.... People would then seek out those bloggers with enough SP to be able to reward these comments, and the new members would experience an awkward silence.  Back to the drawing the board.
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@sigmajin ·
buy them.  thats how we increase demand.  duh.
👍  
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vote details (1)
@nonameslefttouse ·
$6.06
How do you sell this idea?

*Hi there, would you like to purchase some advertisements today?  The value of your advertisements will increase over time.  Technically, you won't need to participate in curating, other people will, probably, so you can buy this today and hope for the best!  What do you say?*
👍  
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vote details (1)
@timcliff ·
Even today _with_ curation rewards, anyone who is earning them is doing so based on a large existing investment in SP. You either have to buy or earn SP _first_ in order to earn anything meaningful from curation rewards.
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@nonameslefttouse ·
$6.06
Many people are earning from these curation rewards.  Every member here who has earned rewards for their content did so because there was an incentive for curators to hit the "like" button.  

I left this comment on another post and I'll leave it here so people can see what the new plan looks like in the real world.

> So I was on Youtube today enjoying the work of a particular vlogger I enjoy. He rides around on a dirtbike while saying words I find entertaining and/or interesting. One might say to themselves, "How does that bring value to the platform?"
>
>This guy is almost at the 200000 subscriber mark. The video I watched had 69389 views. Yes, I realize youtube has millions upon millions of users who frequent the site. I noticed something peculiar though. Out of all those views and subscribers, the thumbs up button was hit 2822 times. I'm sure far more than 2822 people liked that video. Only 66 pressed downvote, and those were probably jealous trolls.
>
>What could possibly be the reason why the upvote button on Youtube is neglected? No incentive, perhaps?
>
>At the start of the video, the video blogger starts talking about how much he loves his supporters and begins thanking them. He said, "If only there was something I could do for you guys."
>
>If he was on Steemit, he could have said, "Don't forget to upvote! Enjoy your piece of the pie! Thanks for the support, as per usual!"
>
>I'm certain there's a lesson to be learned somewhere in what I just said.

I've already seen the plan in action.  I'm not sure it's a good idea to remove these rewards.
👍  
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vote details (1)
@personz ·
There's already been so much said so I'll just make one point. 😇

Steem(it) is in a unique position in the social network marketplace to try new things and adjust rapidly. In the spirit of experimentation to try and find the best way, I would be in favour of temporarily removing them and seeing how it pans out, with a kind of informally agreed timeline for review.

When most large companies make a change (Facebook, Apple, etc.) make a change there is a oneway conversation, usually without warning. Steemit can leverage the power of the community to make this work. Even if the result has a negative effect, it can be readjusted. There'll probably be moaning about money that got "stolen" as a result, but probably enough people that will be on board to make it work.

😁 👍
👍  
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vote details (1)
@timcliff ·
That's a great suggestion!
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@pipokinha ·
Curation bots are important, but this chart doesn't lie,  bots are bringing the price down!! Steem value is decreasing day after day, the only thing that has value is Steem Dolars. If the Steem price continues to go down, it will be irrelevant. 

<a href='https://postimg.org/image/s7wn9luk1/' target='_blank'><img src='https://s16.postimg.org/92tdzufw5/Sem_T_tulo.png' border='0' alt='Sem Título'/><br />
👍  
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vote details (1)
@timcliff ·
While I think you and I are on the same side of the argument, there _are_ a lot of variables in play. While I agree the current bot/curation problem is contributing, I don't believe it is the sole cause.
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@remlaps ·
> But wait, shouldn't curators get paid for their work?
> 
> If they do their job well - they will.
> 
> The value of SP will come if we can build a platform that attracts and retains billions of users, in a way that keeps them actively engaged in the site. With a large and engaged audience, that gives us the ability to build a revenue model (such as advertisements) on top of those users. That revenue can be turned into passive earnings for all SP holders.

Every word there also applies to author rewards.  Should we eliminate those too?  IMO, Paying someone for their labor means that they should be paid in proportion to the work they do or the value that they add.  A generalized reward that's available to every steem holder does not qualify as payment.  [Lanier](https://www.edge.org/conversation/jaron_lanier-the-myth-of-ai) addressed this point, too:

> The usual counterargument to that is that they are being paid in the sense that they too benefit from all the free stuff and reduced-cost stuff that comes out of the system. I don't buy that argument, because you need formal economic benefit to have a civilization, not just informal economic benefit. The difference between a slum and the city is whether everybody gets by on day-to-day informal benefits or real formal benefits.

Personally, I am an advocate of letting authors set their own curation percentage and use that as another lever in the competition for up-votes.  New authors could set their curation percentage high to attract voters. Established authors could throttle it down and keep more for themselves.  Although, I imagine that might be difficult to implement with the current blockchain design.
👍  , , , ,
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vote details (5)
@timcliff ·
> Every word there also applies to author rewards. Should we eliminate those too? IMO, Paying someone for their labor means that they should be paid in proportion to the work they do or the value that they add.

Probably the huge difference is that paying for content drives the quality of content up, as outlined in the photography example in the post. Paying for voting does not drive up the quality of voting, as described in the post.

> Personally, I am an advocate of letting authors set their own curation percentage and use that as another lever in the competition for up-votes. New authors could set their curation percentage high to attract voters. 

It's not a bad idea, and one that was brought up during the HF discussion. It would be interesting to see something like this played out, although it would add a lot of complexity to the system. And just stating the obviously (not that it is a horrible thing) but it _would_ essentially be a form of vote buying / bribery.
👍  , ,
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vote details (3)
@remlaps ·
> Paying for voting does not drive up the quality of voting, as described in the post.

I'm not totally convinced of that.  streemian, steemvoter, and autosteem have enabled hundreds of thousands or millions of votes that would not have been cast otherwise.  That probably wouldn't have happened without the incentive that curation rewards provide, and we have no idea what the platform would have been like without them.  Also, we have yet to see how things play out in the long term.  Many people are still unfamiliar with the rewards rules.

I have thought that it would be interesting to see what happens if bots and guilds all shut down voluntarily at the same time for a couple of days.   My guess is that a small number of authors would like it a lot and most would not.  I doubt if we'd be able to coordinate that experiment, though.

> And just stating the obviously (not that it is a horrible thing) but it would essentially be a form of vote buying / bribery.

Maybe.  Or maybe it's just an inducement to evaluate a post that a curator might have otherwise ignored.  I doubt if many people would intentionally vote on poor quality posts just for a tiny curation reward, especially knowing that it's likely to be a wasted vote because other voters won't do the same.  Either way, as long as it's transparent, I don't see it as a problem.  The complexity would be my bigger concern, and may well be a "show stopper."
👍  , ,
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vote details (3)
@seablue · (edited)
There was a compelling vision that was proposed at the beginning of Steemit's creation.  The will to bring that vision into fruition has diminished over time for a number of reasons.


*  new users who have not been exposed to the vision
* doubts and concerns about the validity of the vision
* competing visions
* many more...

Personally, I would like to see the original vision be allowed time, to come into fruition,  before we start pruning bits off.

Some of the push for change will come from impatience and the desire for immediate results.  We risk diminishing the future value by diminishing the vision now, in that quest for immediacy.

I'm not convinced that the participants of the platform have been given the chance to adapt their way of behaving to match the vision of the platform.  As time goes on, I believe that those who are short sighted will depart the platform, and those seeking long term benefits will remain.

We have barely begun that process, given that the hard fork that allowed the power downs and departure from the platform only came into being a short time ago (the project has not even had its first anniversary).

I would counsel patience and forbearance.  The vision can be realized.  Behaviour can change.  It requires time, diligence and perseverance to achieve a long term goal or a grand vision.
👍  , , , ,
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vote details (5)
@timcliff · (edited)
There is a very big argument to be had over not throwing the baby out with the bath-water. I hear you on that, and I agree it is important to avoid making that mistake.

[Edit] It is important to distinguish though between allowing things enough time to play out and reach fruition vs. letting go of parts of the platform that are demonstrably not working the way they were intended.

Which of those curation rewards is - is up to you and the other readers :)
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@shadowspub ·
http://i.imgur.com/SsfejKK.jpg
Hi @timcliff, I just stopped back to let you know your post was one of my favourite reads  yesterday and I included it in my Steemit Ramble. [You can read what I wrote about your post here.](https://steemit.com/curation/@shadowspub/feb-15-steemit-ramble-72-don-t-you-hate-missing-good-posts)
👍  
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vote details (1)
@timcliff ·
Cool, thanks!! :)
👍  
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vote details (1)
@sigmajin ·
it was pretty impressive that i called your whole argument before you made it, huh.
👍  ,
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vote details (2)
@timcliff ·
Indeed :) It wasn't my only argument though ;)
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@sigmajin ·
>It is entirely up to each user how they want to use their votes, but paying them to do so is not necessarily going to incentivize better behavior.

between paying them and not paying them, paying them is more likely to incentivize good behavior.  But personally, i don't think there is very much that is going to change voting habits.  

>A large portion of voting is taking place without users even reading or evaluating the content. While bots could be used to perform a lot of automated evaluations of content that would not be easy for humans to do on a large scale, that is not what they are doing today. Most of them are designed to maximize earnings from the curation rewards game.

For exmaple, this.  It will still cost inactive unengaged users who don't want to read little or nothing to use bots.  maybe they would use them to auto upvote the largest of the new upvoters, in hopes of getting upvoted themselves if they post occassionally.  Maybe a new steem sports like endeavor will come around that will allow them to monetize.  

What you don't seem to get is that if there is money involved, people will find a way to get it.  If my vote can assign money to everyone but me, im going to find a way to monetize it by voting for someone else.

Im writing up some ideas now that provide a lot of realistic fixes.
👍  , ,
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vote details (3)
@jesta · (edited)
$6.59
> between paying them and not paying them, paying them is more likely to incentivize good behavior. But personally, i don't think there is very much that is going to change voting habits.

From my experience running a consumer review website, I've experienced the opposite. By rewarding users to perform actions you end up with dishonest actions being performed just to earn the reward. Removing (and disallowing) rewards causes interactivity to decrease slightly, but the quality of interaction increases as people are performing the task willingly.

It's sure possible to build some sort of reward system to engage positive behavior, but it's not easy. The current system doesn't do a good job at that. 

I look forward to seeing what ideas you come up with!
👍  , ,
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vote details (3)
@sigmajin ·
$6.77
>By rewarding users to perform actions you end up with dishonest actions being performed just to earn the reward

I agree that this happens very frequently.  I think they key is to align the actual easiest/best way to perform the desired behavior with the reward.  That is to say, make it inefficient to cheat because doing it the right way is also doing it the best way.

In a way (if i understand correctly, which i probably don't) this is how bitcoin security works.  Using your computer power honestly (mining) is more efficient than using it dishonestly (to crack private keys.)

In the case of steemit, the most efficient way to get curation rewards should be to find good content (its a debatable point whether 'good' is the same thing as 'other people will like it' but for the purposes of this reply, assume it is..) i would argue that it is not.  RIght now, the besst way to get curation rewards  it to front run a whale (or be one)

check my most recent blog post for my ideas on the subject of how to change things so that the best way to get curation rewards is _gasp_ to curate.
👍  , ,
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vote details (3)
@smooth ·
> There are a huge amount of users

No there isn't
👍  , ,
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vote details (3)
@thedashguy ·
ohai der
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@timcliff ·
Laugh. True. I was speaking relative to the size active user base. Good point :)
👍  
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vote details (1)
@smooth ·
Upvoted for visibility and to reward quality of presentation, not necessarily agreement/endorsement.
👍  
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vote details (1)
@timcliff ·
Thanks @smooth. As always, your level of caring for the platform and your ability to review the pros and cons of the various changes being proposed is an invaluable contribution!
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@son-of-satire · (edited)
Why not just take 20-30% of the daily rewards pot and make it a STEEM Power daily interest of sorts. This new, second pot, could be dispersed linearly, at a rate of  "x amount" per ever 1000 SP your account holds.

This would eliminate the voting for rewards and we would see more people voting on content they actually enjoy, whilst providing an incentive for investors to hold SP to earn a daily interest. 

Accurate voting could maybe help to establish reputation instead, so there is still a reward for that. And to be honest, I feel accurate rewarding sounds more like something that should be associated with rep.

There would probably have to be a little more to it than that, but I just thought of that now and thought I'd share on it in case anyone else feels like building on the concept.
👍  
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vote details (1)
@timcliff ·
The part about paying SP holders a fixed interest in place of curation rewards is basically what is being proposed.

Reputation based on voting is an interesting idea. I don't know how it could be done though. It seems like a challenging problem to solve.
👍  
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vote details (1)
@son-of-satire ·
My apologies, I didn't realise that. I do think it important that it would have to linear though. Otherwise it wouldn't really incentivize buying STEEM and powering up. If you need to have over a million SP to be getting interest worth your investment, which is pretty much how it is with curation at the moment, then I don't think very many would bother to power up.

As for the reputation thing.. My technical knowledge is very limited. I hadn't realised it would be a very difficult task. I thought it would be as simple as changing something in the code from value=STEEM power to value=Reputation.

Lol. This is how little I know of coding. Just felt like sharing an idea that popped into my head.
👍  
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vote details (1)
@spark ·
My very first post on Steemit was titled: 

"Proposed Changes to Break One Money Game on Steemit - NO Compensation for Upvoting, YES Compensation to Posts Upvoted".

You raise some great points, and explore the topic more thoroughly than I did. Well done!
👍  
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vote details (1)
@timcliff ·
Cool, appreciate it :)
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@steevc ·
I think the system works fairly well. It's open to abuse, but we don't want too many restrictions
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@stellabelle ·
$0.07
I agree with this because it would eliminate the voting on posts that people don't actually read. We want to have this site be a reflection of what people want to engage with. We don't currently have that. The sooner we have a valuable site, the sooner more will flock here. No one is attracted to a place where no one reads the posts. That's absurd.
👍  , , , ,
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vote details (5)
@sigmajin ·
>I agree with this because it would eliminate the voting on posts that people don't actually read.

Thats like agreeing to castration because he peed on the toilet seat.
👍  
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vote details (1)
@jesta · (edited)
It's more like halting rewards for those who are paid to piss on the toilet seat :)

Castration would be removing someone's ability to vote.

*Analogy fight! :)*
👍  ,
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vote details (2)
@stellabelle ·
no, it's not.
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@timcliff ·
> Thats like agreeing to castration because he peed on the toilet seat.

I think you are really mischaracterizing. There really is demonstrable evidence that people are voting on posts without reading them, and the main thing that is incentivizing this is curation rewards.
👍  ,
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vote details (2)
@surfermarly ·
> Many voters calculate whether they will receive a good curation reward, over whether they 'like' the content.

That´s actually the point that makes the current eco-system vulnerable. The motivation for voting is not intrinsic but mostly strategic. People don´t actually vote on things they personally like, but things that are supposed to be upvoted by the most powerful. 

I wouldn´t support the idea of completely removing curation rewards since (as you perfectly mentioned above) it´s an important financial contribution to people who invest a lot of time to make quality content visible and help their authors in receiving the feedback they deserve. But I like the idea of reviewing the concept in order to re-distribute wealth. 

Great points to talk about, thank you. Resteemed
👍  ,
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vote details (2)
@nonameslefttouse ·
I think it would be wise to address the cause of this voting behavior, rather than removing the rewards system entirely because of the behavior the system encourages.
👍  
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vote details (1)
@surfermarly · (edited)
$6.06
I absolutely agree on not removing the system entirely. But I support the idea of reviewing it. Because currently we vote on content that
- has been published 30 minutes ago
- is written by a potential author
- will supposedly be upvoted by a whale after my upvote.

That´s a quite small corridor which leads to rewards-driven voting instead of content-driven voting. If we should address the cause we would need to address our own money-driven behavior, don´t we?
👍  
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vote details (1)
@svamiva · (edited)
>Most of them are designed to maximize earnings from the curation rewards game

Sounds bad...But wait...what one have to do to *maximize earnings*? Well, one have to vote for posts with *maximum consensus*.
If Bob is voting only for crypto staff, Alice only for recipes, John only for cat pictures and Mary somehow managed to create a post Bob,John,Alice and even never voting Sara couldn't resist to vote for, that would be exactly the post to vote for to get *maximized earnings*
So, someone operating that tipe of bot actually just *sponsoring consensus*. Because you can't **get** curation reward without **giving** author reward first, right ?
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@technocomanche ·
#editor the widespread use of https://codepen.io/TechnoComanche/pen/ygwXEy
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@timcliff ·
Well, a big question is what do you want to reach consensus on?
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@svamiva ·
Well, any agenda, really)
There's three types of voters.
- Not voting. That mean basically saying "you guys keep on doing whatever you are doing, I don't really care"
- Having some own agenda 
- Voting for *profit*. That mean saying "you guys keep on doing whatever you are doing, I don't really care....*but maybe you could try to find consensus on **something***

I don't think the third type is more evil that the first two )
👍  
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vote details (1)
@uwelang ·
Yeah, great post  -I can only say, all for one, one for all! Team work makes the dream work - so let us all rock steemit together @timcliff
👍  , ,
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vote details (3)
@zentat ·
Wait a sec .. who the f is proposing the elimination of curation rewards!?
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@timcliff ·
Well, me. Lol. It is a proposal up for discussion. All it is is discussion at this point though.
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