@timcliff "People that are actually contributing things of value should not have a difficult time of earning 0.25 on a post/comment. " Yes, should not.
Look, you are a highly active whale who obviously supports commenters regularly and also your readers upvote each other too, and still barely anyone could earn anything in this comment section after the change. If you as a top whale, who is in the top ~0.1% of all Steemit users(based on SP), would have a hard time avoiding a bunch of rounded down rewards, then what would the 99.9% do? :)
Since this is a new article and we could say it's because of that, I checked an older post. Literally, no one was above 0.25. All of their rewards would be rounded down to 0. That's why I said it would be nearly impossible for the majority to earn anything. That wouldn't be something that could we label as decentralized. Giving power to only a few people to control most of the wealth is what we try to avoid here(not the case but still).
(p.s. Comment upvote bot owners would make a bank too because people would pay big money to get the rewards on their comments up to the minimum. Let's say 0.25 is the minimum, 0.05 is on the comment, so you pay for a 0.21 vote in order to avoid a rounded down reward. -> Yet again, money pouring to a few people/companies -> Less decentralized outcome. -> Random comments stay but from that point, not only the posts but the comments will be massively bot manipulated too. )
@tarazkp Yes, probably people would gravitate towards a place where they could have better outcome. So whales(or vote for vote communities). Like, the top few dozens. Since only they could give an upvote that would not be rounded down. To reward your followers without the help(votes) of others, at the moment you would need a few thousands of SP at least. In case if you have lots of regulars, then you need a lot more. Also, if you would like to calibrate the voting weight too in order to customize rewards based on the quality of comments or would like to spread votes among more people, you would need even more. Minimum tens of thousands or even 100k+. Not much people/communities have that amount.
0.25 is maybe too high then. What about 0.05 then? Another question that should be asked - if a post/comment is not worth a 0.05 upvote (either from one user, or several smaller ones) - is it really adding enough value to the network to be worth getting paid?
@timcliff if I do understand it correctly that an upvote from me or even other people with an SP below 300 are not good enough to upvote a comment?
Let's take as example that I would write my best article and get 20 great comments on it. It would not be able to upvote these because it would be tossing money out of the window? Since a few day ago an 100% upvote from me wasn't worth more than 0.03, due to the increase of the value of steem, it jumped to 0.05.
But believe it or not I am still the same person! Only no an upvote by me would be worth something while it was not!
Let me tell you what chain reaction this will cause: people will not comment anymore on post by people with an SP below 300, cause an upvote will mean nothing.
People will start up voting their own comments to pas the threshold! Erasing voting power to be given to good article or comments from others! So, the comments of the poor people will stay at the bottom. Does this sound fair to you? Because let's be realistic not everybody takes the time to read all other comments, let online to upvote them!
While I do appreciate the attempt it would kill the steem block chain according to me!
I'm writing around 300 genuine comments per week, I do try to interact as much as possible and also try to change things ( you can read my blogpost from last Friday)!
I know that people are not equal on the steem block chain, but this would create an even bigger gap in the inequality!
Just my 2 cents, oops sorry 2 cents isn't enough value to the network!
Sorry couldn't leave that out!
Cheers,
Peter
Hehe, actually 2 cents is just enough ;)
@timcliff
Well at the moment it would be, but if we are going to change this, then it would be wasted! Normally I would give you an $0.01 upvote, but after reading your post it became clear to me that it would become dust! So, you will get my 2 cents :)
When a post or comment doesn't get to 2 cents, what is happening with the 1 cent? Does it go back to the reward pool or will it just be burned?
It goes back to the rewards pool.
Thx for the answer!
Damn this is what I am looking for. that comment that because we dont have enough SP we can't reward good comments because of the whole dust thing.
I would say that 0.02-0.03 is the best range, because most spam posts won't be upvoted that high, as most people voting on spam posts have very little SP.
That's pretty much where it is at right now - the limit is 0.02.
I am probably in the minority here, but I feel the dust level needs to be lowered to the $0.009 level. So a one cent reward is paid, and less than that gets dusted. The solution for taking care of spam pretty easy, if the Person who made the post has an individual muted, then those muted peoples comment do not show at all for anyone on that post. No one. If I mute @blahblahblahbot then none of his comments should be visible on any post I make.
I agree with you @basshadow that the dust level needs to be lowered to 0.009, or possibly even less, or no minimum at all.
While your idea for eliminating spam is a good one, and I do feel that post authors should have some sovereignty over who comments on and/or who gets rewarded in the comments to their posts, I have a tingle that such a move could invite something too close to totalitarian censorship. I mean, so, say I just don't like or disagree with what @blahblahblahwhoever has to say, I can then just eliminate or make invisible any comment they make on my post? Might that not be just a little nit too much power?
I'm not sure though, I'll have to digest your idea a little bit more ;~)
It is your post, lets say it is a post about family, and you are a family friendly person, and that you do not like Nazi speak or porn, or atheist, and your post has absolutely nothing to do with any of those subjects, does my right to free speech allow me to come to your post and spew hatred, eugenics, big bang, links or actual pictures of people having sex expressing their free love on your post. All those just listed are examples of free speech carried to an extreme. They are not furthering engagement on your post. They are shutting it down or detracting from your message. You are not limiting or censoring that person at all. They can make their own post, on those subjects. So whose free speech was censored, Yours or Theirs. You are not telling them they have no right to say what they want, just that they do not have the right to say it in your Home.
The debate over free speech vs censorship is an age old one, and I certainly don't think we're going to solve it here in a few comments. Nevertheless, you make some excellent points, @bashadow. You've convinced me. To be honest it wasn't that hard though as I was leaning much more on your side of the fence anyway, I was mostly just playing devil's advocate .
I mean, while I'm all for free speech, I do believe that every man's (or woman's) home, or blog post, is their castle. And I know that if some douchebag was spouting some serious BS or what have you that I strongly disliked or found distasteful on my blog post I'd certainly feel well within my rights to delete.
Thanks for the chat! I love intelligent debate 8-)