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RE: The Reduced Author Rewards of The Economic Improvement Proposal is Moronic and Unfair

in #hf215 years ago

Hi @distantsignal, yes please engage on neosteem.com and add your thoughts on the HF21 changes, the problem is the community currently has a fragmented voice, posts like yours pop up everywhere and then are no longer discoverable. If we can collate discussion in one place we can truely see who is onboard with the changes and who is not.

Also such changes can't really be tested in a testnet because users won't behave with fake money as they would with real money, so you kind of have to just launch and iterate from there. Luckily the rewards split can be reversed back if it really sucks, but then we would be playing catch-up getting users back. It would be good if the rewards splits were controlled by witness parameter or by SPS proposal consensus so it doesn't require a HF every time and upset exchanges.

Oh I just remembered https://palnet.io have launched a frontend that has PAL tokens which have the 50/50 distribution and a 4 week powerdown as well as a free downvote pool, so theoretically you can test the theory there.

I hear you on the complexity of Steem and end users have lives and families and no time to dig deep into complex mechanics, it needs to be easy. We are trying to do that with neosteem.com and create a nice easy way for communities to interact and ensure discussion and evergreen and discoverable, one cool thing we will do is make it possible for topic creators to earn part of the beneficiary rewards so that they are incentivised to keep the discussion flowing on their topic.
We should have this by next week. The neosteem token has also been reserved on Steem-Engine to give out as a supplementary engagement token, but we haven't enabled that yet as we would like to give some thought to the tokenomics

I am interested in the 96 page business plan you did, I often pitch Steem to exchanges and payment integrators and could be of use. Feel free to DM me on Discord thecryptodrive#8144 with the draft.

Have a good evening as well.

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Good morning,

I think you've hit the nail on the head with Palnet. As an experiment we should let people migrate there and run that experiment with that specific reward structure and then report on the results. If positive, then make the changes here. Will continue my thoughts on Neosteem. Thanks!