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RE: The Disparity In Payout of Comparable Content Here at Steemit is a Little Unsettling ( semi- rant :) )

in #steemit7 years ago

I think without real world identity connected to accounts, you cannot get real uniqueness of users. For example, Dan Larimer has two accounts @dan and @dantheman. He is open about this. One person has thousands of accounts. Having someone to verfiy a user gets only one account could help but it is againt the principal of decentralized blockchains😥

Without real world identity it is whoever signs up to more accounts would have more power.

I do agree desparity is a real problem.

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I think the disparity is made worse by the fact that steemians from countries where lower incomes are the norm are the ones who are really getting screwed. The way to make a lot of money on steemit is to dump a lot of money into buying SP for a bunch of accounts and have them upvote all your posts. I don't think it's fair to expect a person living in Cambodia or Bangladesh to power up their accounts to the extent that someone from the U.K. or Western Europe might.

Totally true. But if we invent a competing chain that gives every participating human being some fixed amount to start, then we need a 100% premine and a KyC process for those who want to participate. How can this be done in a decentralized fashion?

I would like to hear more ideas.

I don't think that it requires creating another competing chain, just changing how rewards are gained and distributed. For example, you could create a scaling factor so that SP earned from posts and comments is 10x more valuable than SP that you purchase. While it certainly wouldn't eliminate the problem completely, it would decrease the power of those who have used their personal wealth to buy influence instead of earning it by participating in the community. Other factors could be your reputation, how frequently/consistently you create new content or comment on others' content, etc.

I don't like the fact that I see 1-day-old accounts on here with zero posts and 2,500 SP, which were obviously created to game the system and essentially price minnows out of the market. I don't think a 1-day-old account with no posts and 2,500 SP should have the same voting power as a 1-year-old account with daily posts and 2,500 SP.