I think it's hard to figure out without experimenting. But my conclusion from the feedback so far is that most people are too fearful of potential downsides to the change to try the experiment. Since it only would solve a problem that most people don't seem concerned about, I'm not sure it's worth much more time to analyze.
@edicted 's idea for a lending system might generate enough interest to overcome the fear though. But it's more work, so would need some analysis of the work required first. And unlike probably most people here, I'm not really super invested in current trends in DeFi in crypto, as my own ideas are much more radical. Nonetheless, if it's not too difficult and there was sufficient interest by the community, we could put someone on it.
I think we will benefit from some kind of new innovation. You know this better than me, in this space we got to be doing stuff constantly, whether perfectly beneficial or not ;)
Yep, but looks like we need a way to experiment in a way that people don't feel there is a risk to their current income stream. Probably we'll need to wait till we have HMTs to experiment with, as a new HMT can be setup with no pre-existing expectations.
But just having HMTs won't be enough, we'll also need ideas about what changes we want to try. And ideally, we need those ideas before HMTs are created, as otherwise we might find ourselves needing to redesign them to support the ideas.
But in the future, I guess I should couch any such discussion in terms of HMT economics rather than Hive economics, to avoid the resulting panic engendered by a discussion of an economics change :-) Lesson learned!
I would like to hear your radical ideas @blocktrades. I also have a very radical idea I would like to share with you. Just wanting to check you can hear me before spending many hours crafting a post to attempt to explain :-)
Namaste
While we on the topic of Hive in general i wondering if it would make sense to make changes to the downvote? allow the downvote but not have it relevant to the persons stake. That way people don't get bullied off the platform, which as i see it is a massive problem. It should be free to all.
I think you're suggesting "anonymous" downvotes. Most everyone agrees it would be an improvement, but its not easy to figure out how to do it. But it's something I'm going to think about after the HF, and see if there's a solution.
not necessarily anon downvotes all though that would be cool but i meant just not related to a users hive power so that its more of a fair game. People don't come here because person x or y doesn't like them and they have more power than them. Beef starts pettyness etc etc its toxic for a platform like this.
Do you mean that all hive users would have equal downvote weight? If so, there's a problem with this. It's called a sybil attack. The problem is that one person can easily create many accounts, then vote with all those accounts, magnifying his power. To avoid such attacks, Hive relies on stake-weighted voting, where people at least have to pay for their voting power, instead of just gaming a signup system.
It is worth pointing out that a properly designed reputation system might enable a more democratic system. But this is a topic for a much later date.