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RE: Been doing some thinking....

in #hiveyesterday

It's kind of capped yes. Every 250k blocks inflation is also dropping by 0.01%. Looks like the DHF inflation bug was fixed and went into effect recently so we're back on track with the actual inflation.

65% goes to authors and curators, 15% to HP apr, 10% to witnesses and 10% to the DHF.

Active voters direct the inflation with their vote, so inactive ones don't get curation rewards but only HP APR. Staked hive get all the inflation rewards compared to liquid hive.

I'm not 100% sure how much inflation rewards go out weekly, I think it's somewhere in the 600k ballpark.

I'm not gonna get into Hive debt, I.e. hbd xD

But yeh generally I'm a lot more joking and unserious in discords and I think it's also why people should refrain from sharing screenshot of what's said there on chain to win over arguments or paint people in a certain light, unless it's something seriously wrong with what's said. Naturally sharing private dms is also frowned upon and shitty behavior partly cause of what happens on discord should stay on discord - or any other chats for that matter. On chain you can joke around and stuff too imo, but when it's time to be serious this is a better place than chats.

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Yes I mean I know a lot of people may be serious sometimes but it is rarely the norm.

Random question. Do communities play a role in the reward pool? Communities is something I would like to blog about at some point but I really just don't understand enough about how they work to even write a blog about it.

accidental selfvote, don't downvote me pls dear sire

haha

It happens to the best of us 😜. If I do it on accident or it looks out of place when I selfvote please let me know (that request from me goes out to all Hivians really). But please just try not downvote me either. 😇

Seriously though, this did made me think I would like to do a blog post on self voting one day. That is a very nuanced discussion that usually spirals out of control in Discord fairly quickly.

Would be good to get that debate less in Discord and more in HIVE in my opinion.

Count me in, I do selfvote a lot and advocating it since day one. I mean, obviously not throwing full power votes on comments. I wrote about it multiple times in the past but I'll try TL;DR summary here:

  1. self voting was default at the beginning, it was turned off because was suboptimal as there were anti-bot mechanisms so letting author selfvote at their own selected time was better
  2. HP should matter, authors just like curators should want to have HP, why would they want to have HP if they couldn't selfvote?
  3. If community thinks that selfvoted post of a given author is overrewarded then that's exactly what we have downvotes for
  4. Making selfvotes automatic at consensus level would be pretty amazing because then it will deplete shitposters from their voting power
  5. If you think your post doesn't deserve a vote even form yourself than maybe you should reconsider writing it to stay forever on the blockchain? ;-)

my counter argument as a curator is that i'd rather spend it on other people, especially if I already do well enough on my posts from my own judgement

but generally agree, as long as you don't overdo it, it's not the worst thing in the world - some disagree with that and that's fine, it's about the intention at the end of the day. Are you doing it just to farm or just to fairly grow your stake with what you feel is deserving of your own vote.

Those disagreements mostly happen in discord so unless people want to speak up on HIVE I am not sure what to say.

No point in getting input from a bunch of unserious moon boys that cannot turn it off anymore cause they have been in the game so long and forgot how normal people treat their "friends."

Meme token trading is gross for most people. But it is really crazy and unhinged and it is the only reason I care for it if I get bored. Will be open to L2 projects again in the future but it is always good to take a step back from those type of environments and let reality sink in a little bit.

Sure, but with even one post daily (I can't even do that monthly, even if I really should ( #witness-update ) ), it's still 9 full-power votes for curation.

The thing is, which I know you're aware of, that downvotes are almost never used.

People like you who only post when you have something important to say, no one's gonna care that you selfvote. Others may force themselves to post daily mainly for the self-vote, so the intentions change around a bit where they may not care if content is good, they may not care if anyone's consuming the post, they may not care if anyone else is getting the other 9 votes if 9 other friends of theirs get them instead who are doing the same every day and trading votes with each other so it's basically 10x self-votes per day.

My point is intentions matter more than if you do or don't self-vote or then also vote-trade on top. Then if you try to break that off you're the evil person for getting in the way of a perfect farm and you'll likely get retaliated against, etc.

The debate about selfvotes will never end. I choose not to do it as my posts do okay and I think others deserve my votes more. Whatever we do can be judged by others.

I think we can do less judging and more disagreeing. It is better for the soul! 😁

Just kidding. But yes I agree. It is a weird one and there is a lot of nuance around when it is ok or not.

I resonate with point 5 A LOT.

Have I always met this standard? No way. I have made mistakes.

But I am only human and worst case I can make it up with a better post that shines brighter!

The way I understand them is that they're special accounts that people post "into". The reward pool doesn't care about them, for all it knows we could just be rewarding comments and not posts at all.

@valued-customer you inspired the community question. I don't know you but just wanted to give props where it is due!

It makes me happy that I can inspire thoughtful people to consider meaningful things. It is my hope that this benefits society, that people gain understanding of what is important and better value one another, strengthening society by strengthening the bonds of human affection.

Strengthening bonds through how we interact and support each other without "needing" anything is very important.

If we disagree passionately while still sharing some commonality, we will be stronger than those who all speak in the same voice.

Debates drive innovation and inspire new ideas that would never happen if we were all the same.

Our commonality is our passion for HIVE. And it must be what binds us together while we express our differences. Our differences provide value.

In terms of communities, I think I just need to make one and see how it goes so then I can get better at understanding the type of questions I need to ask to get people excited about communities.

I will look at all the communities that exist and try to make something "new" that may not be interesting but will be interesting to me. This way I have an incentive. I will be a part of the process. I need to get my hands dirty first before I can even dream of becoming a master. How far will I take it? I don't know. But I have a precedent of never giving and not stopping even when people tell me to. When someone tells me to stop, when someone tells me it is impossible, that is what drives me. This is where the money is. The impossible. The easy doesn't pay well. Just enough to get by. I hope to channel this when I explore communities more.

And if I come up with anything you will be that inspiration and you can come here and say see! And I will say yes, @value-customer and I crushed it. (In a good way)

Will this happen? Who knows. But it is good to dream. It is good to seek out the impossible because even if you fail, even if you are an absolute failure, if you seek out the impossible like a savage, you will never regret it. You will never look back and say I didn't try. You will look back and say, dam, it wasn't what I expected, but this thing I did is worth something and I am glad I did it.

Let's see what happens 😊

I have rarely seen such passion and wisdom expressed here, and it is impossible to express fully in words how deeply that impresses me, even gives me hope for Hive that has been languishing lately. I have a feeling you are not a dreamer, but a doer. I look forward to seeing what you dream up, because I expect you will make it happen.

Communities are regular accounts with the special feature of printing to it's own feed.
Anybody can make a post to the public feed of these accounts.
They were designed to allow exclusion of disruptors.

More users solves most of our problems.

I think new users is always good! I am not sure I think it solves most things. I honestly don't even think about what new users solve too much.

I honestly just want as many new users as possible and getting them primarily through social interaction.

Still thinking through the best ways to do this. I am guessing different people will have different methods that work best for them.