Everybody has an opinion about the split of rewards between authors and curators or the linearity vs. non-linearity of rewards. Each alternative can be manipulated. But what if the blockchain randomly selected the system by which the rewards for a post were calculated at the moment of payout? That way, voters could not optimize their vote for any particular post very effectively. Sure, various outcomes would have distributions that could be detected after given some time, but the system would be much less straightforward to manipulate. Someone put forward a proposition to end author and curation rewards in STEEM, SBD and Vests once SMTs have been rolled out, which I think is a proposition worth considering. In his proposition, the inflation pool would be reserved for witnesses and Steem Power holders alone. Authors and curators would be rewarded with any of the plethora of SMTs bound to be created to serve various communities and apps on Steem. The idea is each app could tailor its own SMT according to its needs and the free market could weed out those solutions that do not work. That is, I think, the future.
post_id | 75,005,334 |
---|---|
author | markkujantunen |
permlink | the-mother-of-all-proof-of-brain-optimizations |
category | steem |
json_metadata | {"tags":["steem","proofofbrain"],"app":"steemit\/0.1","format":"markdown"} |
created | 2019-05-19 16:30:09 |
last_update | 2019-05-19 16:30:09 |
depth | 0 |
children | 3 |
net_rshares | 570,811,032,161 |
last_payout | 2019-05-26 16:30:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.245 SBD |
curator_payout_value | 0.059 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
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author_reputation | 340,582,416,232,499 |
root_title | "The Mother Of All Proof Of Brain Optimizations" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
eforucom | 0 | 9,226,790,904 | 1.25% | ||
bukiland | 0 | 1,193,282,553 | 3.14% | ||
old-guy-photos | 0 | 59,176,061,688 | 40% | ||
tarazkp | 0 | 158,053,523,212 | 34% | ||
steemitboard | 0 | 13,098,217,877 | 1% | ||
markkujantunen | 0 | 150,296,435,392 | 100% | ||
xyzashu | 0 | 1,030,873,932 | 8% | ||
yaanivapeji | 0 | 32,105,765,707 | 38% | ||
kaminchan | 0 | 28,501,571,950 | 42% | ||
accelerator | 0 | 4,808,725,608 | 0.29% | ||
nokodemion | 0 | 1,323,754,048 | 100% | ||
mehta | 0 | 11,067,000,947 | 35% | ||
piotrgrafik | 0 | 56,220,085,401 | 100% | ||
aakom | 0 | 1,920,889,847 | 7.9% | ||
deralios | 0 | 1,187,709,423 | 100% | ||
fuad2 | 0 | 30,641,547,052 | 22.5% | ||
jokinmenipieleen | 0 | 1,402,718,991 | 100% | ||
laissez-faire | 0 | 73,098,895 | 100% | ||
hamsa.quality | 0 | 332,618,326 | 5% | ||
hozn4ukhlytriwc | 0 | 137,953,965 | 15% | ||
supu | 0 | 9,012,406,443 | 1.25% |
Congratulations @markkujantunen! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) : <table><tr><td><img src="https://steemitimages.com/60x60/http://steemitboard.com/notifications/postallweek.png"></td><td>You published a post every day of the week</td></tr> </table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@markkujantunen) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=markkujantunen)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
post_id | 75,032,659 |
---|---|
author | steemitboard |
permlink | steemitboard-notify-markkujantunen-20190520t061423000z |
category | steem |
json_metadata | {"image":["https:\/\/steemitboard.com\/img\/notify.png"]} |
created | 2019-05-20 06:14:21 |
last_update | 2019-05-20 06:14:21 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2019-05-27 06:14:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 871 |
author_reputation | 38,705,954,145,809 |
root_title | "The Mother Of All Proof Of Brain Optimizations" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
I have been largely staying out of the loop on this. However, I wonder if there should be some mention of the ad revenue. I mean one day they will be making money on ads served on years and years worth of content that is indexed by Google etc.
post_id | 75,134,478 |
---|---|
author | old-guy-photos |
permlink | re-markkujantunen-the-mother-of-all-proof-of-brain-optimizations-20190522t033841848z |
category | steem |
json_metadata | {"tags":["steem"],"app":"steemit\/0.1"} |
created | 2019-05-22 03:38:42 |
last_update | 2019-05-22 03:38:42 |
depth | 1 |
children | 1 |
net_rshares | 263,676,463,799 |
last_payout | 2019-05-29 03:38:42 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.120 SBD |
curator_payout_value | 0.039 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 243 |
author_reputation | 242,971,623,482,939 |
root_title | "The Mother Of All Proof Of Brain Optimizations" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
markkujantunen | 0 | 17,830,462,841 | 13% | ||
fulltimebot | 0 | 81,949,301,528 | 65.31% |
I think something like that is in the works. Eli Powell has background in advertising.
post_id | 75,138,364 |
---|---|
author | markkujantunen |
permlink | re-old-guy-photos-re-markkujantunen-the-mother-of-all-proof-of-brain-optimizations-20190522t052016709z |
category | steem |
json_metadata | {"tags":["steem"],"app":"steemit\/0.1"} |
created | 2019-05-22 05:20:15 |
last_update | 2019-05-22 05:20:15 |
depth | 2 |
children | 0 |
net_rshares | 0 |
last_payout | 2019-05-29 05:20:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 86 |
author_reputation | 340,582,416,232,499 |
root_title | "The Mother Of All Proof Of Brain Optimizations" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |