Agreed, it's a serious thing indeed. how could a exponential system lead to a more stable system, it would mean wales combined would be able to influence everything. they just need to get together with the 50 most influential accounts in order to "shape" what steem shoud look like.
I think it's a good thing that we are not in it anymore, but I can see with the power deluding more and more, it should be re-esthablished again. It would lead to a proper curation. It also would mean that the voting bots out there would be way less popular. Vote from people floating in SP would benefit way more than votes from random people that decided to sell their SP to the vote bots.
It's definitely an interesting topic, but for now it feel like people that have been on here long enough to remember, n^2 is the way to go in the future.
I just wont know where to start the discussion again.. i just take photos and rand about how hard it is to be a medical student now and then.
Sorry for being a smartass here maybe:
exponential is 2^x, while I want x^2, which is square(?) or quadratic(?) growth (only).
( I will have to look it up. English is not my first language. )
If you had 50 whales, who dominated all shares, the 'crabs in a bucket' analogy would apply.
With 50 real people there would be enough disagreement on rewards.
I stumbled upon Steemit randomly. And I can't even take good pictures :D
Let's start the discussion here.
The post above was out of frustration, but I will make this into my new blogging topic and break down my thoughts.
I will start on this 'exponential myth'.
Thanks for the chat.
Let's continue under my next post about this ;)
Gotta love some smartasses right ;)
t.