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RE: Getting Ready For Steem 1.0...And The End Of Beta

in #steem • 7 years ago

The earnings would still depend on the steem power. Except the ones with the most votes will show on trending.
That's a welcome addition in my opinion
This is gonna be one hell of a ride

7 years ago in #steem by
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     7 years ago  

    nope. Earning won't depend on SP in the case of an oracle powered SMT.

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       7 years ago  

      Really, didn't know about that..
      The curation trials and auto-voting system will mess up.
      Steem power will be useless.
      Suddenly I'm not feeling too good about this

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         7 years ago  

        don't get this wrong. It will increase the value of Steem. SP will be necessary to earn Steem (but not oracle powered SMTs), second SP will be necessary for anyone who wants to run an SMT (it's going to be bandwidth) and finally, Steem will be the only pair to trade all of SMTs. If anything, the value of Steem will go through the roof.

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         7 years ago  

        Oh! Ok
        But there's also the issue of much increased spam.
        Follow for follow and Upvote for Upvote spam will increase exponentially

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           7 years ago  

          I see the opposite, as long as you can create an infinite amount of new accounts and start over, it's easy to spam. When you are in a situation where even if you have 100 accounts you are identified as a single person, the cost of spamming becomes huge.

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             7 years ago  

            Yeah, you just won't get a 'Good Person Token' issued until you can (somehow) confirm you are operating with a single account - or have put forward this one account to be your GPT issuer.

            This is for SMT though, no plans for that 'here' I read.

            https://steemit.com/steemit/@nealmcspadden/account-based-voting-is-a-terrible-idea-for-steem#@ned/re-nealmcspadden-account-based-voting-is-a-terrible-idea-for-steem-20180515t021921631z

            I would say that here, it's actually going to be tougher for the smaller accounts - especially those not producing content for the dapps and utopian.

            You should be set though, as it should just be a case of holding the SP and letting the SMTs do the work.

            Cheers.

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