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RE: LEO Whales Are Spreading Stake to New Users | Curator Reward Leaderboard

in LeoFinance4 years ago

Awesome, so when do we make these changes on HIVE? :) They are simple, easy to understand for new users, get rid of the negative incentive for voting new/small users, don't penalize small voters, and best of all, they work. @blocktrades :)

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How will witnesses and whales with bots rake the profits then?
No land for small guy on hive. I have 100k hive. Just half in hivepower. I don't bother voting. It's disgusting.

Posted Using LeoFinance Beta

you vote from time to time!

Posted Using LeoFinance Beta

I have 150K HP and it is a nothing vote.

It also doesnt do much for the Witness voting.

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Is anyone paying attention here?

Flat (linear) curation reward algorithm.

@blocktrades @theycallmedan @roelandp @gtg @good-karma @ausbitbank @themarkymark @therealwolf @arcange @ctera

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Yes I am a big proponent of this. It levels the playing field overnight with autos vs manuals and we are seeing the results with Leo. We need this on Hive.

Yes, totally agree. I hope to see this as soon as possible.

Posted Using LeoFinance Beta

We are. But always remember that HIVE can't just change something quickly. We have to schedule an HF, exchanges and other node operators have to plan accordingly, etc.

Making the changes at the technical level is one thing, having people follow through is completely another.

LEO holders are not investors, they are users. There are a number of Hive whales who do nothing on the chain. They are not involved at all. They just hold a lot of stake, place their witness votes and set bots to curate.

As always, changing technology is one thing, getting people to change what they do is another.

That said, changing the curve along with wiping out the dusting is not a bad idea.

Posted Using LeoFinance Beta

Sure, and some will continue to do exactly that. Nothing wrong with it. However, it will stop penalizing the small voter and it will stop penalizing anyone not autovoting. Two significant positive changes in my opinion.

I agree.

The fact that there is a 2 HIVE minimum or whatever for payout is criminal. The dusting needs to be removed in the next Hard Fork. That really screws over smaller accounts while also discouraging the voting of comments.

Posted Using LeoFinance Beta