RE: Part 3 of Our Plan to Onboard the Masses: Smart Media Tokens by andrarchy

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smt · @andrarchy · Aug 15 '19 (edited)

$0.08

Yup, I agree. Getting PoB tuned exactly right is pretty much impossible and it gets harder the larger and more diverse the community gets. IMO a more evolutionary approach is the only way to solve the problem; lots of coins, launched by lots of communities, experimenting with many different implementations of PoB in conjunction with varied business models. The best implementations are the ones that survive. We can then use those implementations to inform the design of the base token, but since that token will be tasked with aligning the incentives of such a large and diverse community, it will almost invariably function sub-optimally, in which case it would make sense to minimize the impact it would have on the economics of the system by reducing its inflation rate to the lowest possible level.

👍 midlet, vikisecrets, mattclarke, ackza, sepracore, awekamstrong

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@hobo.media · Aug 18 '19

Dropping STEEM's inflation rate is a very good idea. RC economics is the way to go long term.

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@jrcornel · Aug 14 '19

$1.03

Yep.

👍 jrcornel, jondoe, ackza, hdu, ezravandi, safetony, klima, sempurna, nenya, quenty, nimloth, tangofever, nijn, creativekimoonky

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@ackza · Aug 15 '19

I fel like with this + Steem-Engine + Scot + @roelandp 's STEEM DAPP wallet dapp explorer with STEEMWALLEt we can actually settle on a mass on-boarding tool, and get millions of new users and see healthy organic demand for steem to push the price up

👍 ackza

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@rycharde · Aug 21 '19 (edited)

$0.07

Since when has STEEM stopped being a currency and is now demoted to "base token"?

The economy will always be sub-optimal as you are doing nothing at all to even look at the economic model with any seriousness or thought - more tweaking parameters and centralisation.

So, you're telling us that as your team has no idea how to create an economy v2, after some 3 years of experience, you are going to see if someone else can do a better job - except they only have the same tools to play with. Really?

👍 gentlebot

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