I also think the number is quite high and I'm worrying about new types of abuse using comments. But this can boost new contents market, e.g. SteemOverflow, where comments/replies are more valuable than posts.
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There's an argument to be made that, in addition to the other benefits of raising the comment reward pool to that level, there is value to be gained from the act of exposing the types of abuse that will emerge at 38%, as well as seeing if it is in fact true that abuse will emerge. It isn't until they see the abuse that they can develop systems to counter it. One simple solution to a torrent of comment abuse would be simply lowering the percentage. But again, this assumes that the abuse will come, which is not 100%. Of course, no matter what percentage is suggested there will be some people who think it is too high and some who think it is too low. I think we will only find out by experimentation. I highly doubt 38% is the magic number, but it might be better than what we have now. It is definitely true that experimenting with the number is better than not.
I agree, the number may be to high, but if the votes on comments no longer took away from my main voting power I would vote on more comments. Making more reason for a considerable payout. I think the lack of comments on some posts like mine is simply due to lack of a possible reward. I have been told I make great points, but to few want to spend time commenting since to some people there is no value to comment unless there are votes on the main post that will make the comments count for something.
This! Rewards would stimulate discussion. It would change the rhythm of interacting in a good way. Some of my posts were helped a lot by discussions.
Probably a better solution to excessive abuse would not be changing the number, but changing the structure (of something, possibly UI) to address the abuse. That is not to say I think 38% is the "right" number because I don't, but it's a reasonable experiment.
We can cross that bridge when we get there. Steem isn't there yet.
Flagging for being a repetitive bot. =b
Does not compute
This is a similar circular argument to the one I called out Dan about (and you upvoted my comment there). Steem gets to where it isn't now in part by broadening the rule set to be less narrowly focused on a particular type of post-centric content (and long-form post-centric at that). That will open up the incentives for other types of content and engagement to (potentially) flourish. I was personally involved with an effort to try to spark interest in comment-centric engagement which didn't go anywhere for a variety of reasons but lack of rewards and voting power for comments was one of them. I'd prefer to see a mechanism where rewards flow to wherever there is perceived value and engagement, whether that happens to be posts or comments without any specific quota on each but given that isn't happening now this seems like a reasonable experiment.
I see your point there. I said what I said above because I haven't seen any development towards a comment plugin for Steem yet and haven't perceived much demand for such a thing yet. I think that kind of thing will be viable with much less than 38% of the rewards.