How would you feel if Steemit.com had a second universally distributed token with account-based voting,
individuality verification
I would feel like this:
https://steemit.com/steemit/@ura-soul/just-so-we-re-clear-the-tech-manager-of-steemit-is-anti-democracy-and-pro-oligarchy-in-his-own-words
and super linear rewards curves?
Ned Scott
What does it mean?
Overall it resembles a repentance of merritocracy and a move towards democracy.
Quite opposed to what STEEM is about.
And again, coming from ned and sneak, it is not only suspicious, it is also in contrast to what sneak wrote.
I think this articulates SOME of what I'm thinking (which is not easy to articulate):
"Overall it resembles a repentance of merritocracy and a move towards democracy.
Quite opposed to what STEEM is about."
IMHO, STEEM is broken currently..
When instant registration and communities happen (HF20?) then we see something that actually scales and can be advertised. So for now, I tell people it's broken, and it needs to be fixed, and we are waiting for the "fix".
But I do think this brings up a very good point. It's been Wild West now for a while, we see upvote bots, various things many would say FIX steem in some ways, or alter it so it works, for the time being...
Many call for more "Democracy". (!)
As if this actually works in the real world today (maybe not so far)?
But they have a point, so if Meritocracy is balanced with Democracy, it's balanced with "Wisdom of the Crowd" that really won't want to understand the underlying game theory that well. They just want to participate and see a healthy return on their investment of their time and energy spent.
I can imagine different sorts, and they may give people more of what they are looking for in a feed. Or better rewards when they have many upvotes and so far, no rewards for many minnows.. which obviously needs to be fixed.
A competitor that is truly decentralized, won't really gain competitive edge until it can satisfy all of these user types... And once it does?
Humm.. Danger Will Robinson.
HF20 will not fix anything.
Maybe the minor fix of "instant registration", if it is not instant already, because I read that a STEEM account can be created with a single linux command, and even the standard way, it did not take me too much to register.
The problem is premining, the source of STEEM extreme inequality and it propagates.
Upvote bots are inevitable, and better use them than to complain about them.
I refer only to the ones managed decently.
Merritocracy is good if it is based on good criteria or fair criteria, not if it is based on who joined first and had access to aggregated computer resources.
You got a 11.76% upvote from @luckyvotes courtesy of @stimialiti!
You got a 15.13% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 33.33% upvote from @luckyvotes courtesy of @stimialiti!
Whitelisted Rewards Pools isn’t about STEEM it’s about SMTs.
I did not think or claim that you are about to change the rules of STEEM acquisition.
There will be an additional currency that instead of merritocracy will be managed by democracy.
Am I wrong?
Individualized Rewards Pools can in theory be very much more of a meritocracy than STEEM’s.
If I knew what "Individualized Rewards Pools" is, I might have agreed with this sentence.
Ha, threw me for a loop and had to pick myself up off the floor to make this comment!
i like you @ned, but the fact that you have a whitelist run by steemit inc is troubling. you're incentivizing certain behaviors as you see fit. that's not wisdom of the crowd.
you suggested an idea that GPT can be used as a metric for posts to reach front/top pages. this means you have a centralized system where the rules are defined by steemit inc.
this is not about a diverse range of SMTs. it's about one dominant SMT which is GPT.
Wisdom of the crowd comes from voting by individuals and the super linear curve.
There will be many SMTs
This one is hypothetical.
I could have included several individuality whitelist oracles who compete to publish the most accurate pre Consensus whitelists.
You keep talking about this SMT shit we're never going to see... Just like the mobile app, some real development, etc.
Keep talking, it's all you do. I look forward to the day EOS renders Steem more useless than it is today.
Bernie loves me Sanders
Ned...overpaid shitcoin shill...
paid by your attention and love thank you for all the time you’ve given me
Trending sorting is already centralized as well. Interfaces are run by central operators. The operator chooses how to display trending, etc.
thanks again for replying. yes trending is centralized. steemit could use more people creating many types of other interfaces. but people are already kinda doing it. i like steem. i wish you the best.
btw all my questions are based on a bunch of guesses because obviously i don't have access to details on oracles, whitelists, gpt, and other possible smts.
but oracles competing each other sounds pretty cool. i think i'll shut up now.
I do get this @ned.
And I am for example, a "individual whitelist Oracle, that publishes my own white list". I could share it, as an SMT creator/issuer.
"Whitelist" is also a loaded term. Whitelist includes a hidden blacklist, for example. We don't have to talk about a "blacklist" because the "whitelist" already has been run past a "secret blacklist" that we DON"T TALK ABOUT ;-) (!)
And in fact, "What we don't talk about" is really the most interesting stuff, but it's not politically correct or acceptable often times..
I have many people on STEEM that help me "think about things" and often times, they are not willing to publish on a given subject I proffer...
The "Wisdom of the crowd" has been lost when so many bots "run" the rewards pool. If Steemit would re-tool to make STEEM a more equitable reward (like the theoretical GPT) things would get better much faster and great content creating minnows would not remain minnows forever. We don't need another token, we need a fix for Steemit!
I hope Haejin is not considered a good boy because that mother fucker has been a very BAD BOY on STEEMIT!!!
You got a 26.67% upvote from @sleeplesswhale courtesy of @stimialiti!
You can't get Goodboy Points if you don't support democracy. You wanna be a Goodboy don't you?
?
lol just joking GPT sounds like Goodboy Points Token. Rewards for normies who hate the whole idea of proof of stake. GPT is a major face palm https://busy.org/@kirkins/gpt-goodboy-points-token