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RE: Demystifying HIVE: Expectations

in LeoFinance4 months ago

I have seen a post that you might have commented on a day or two ago about expectations gone awry - and I think that part of the problem for some is the lack of engagement with the community. At the end of the day, the consistency of reward is often tethered to the consistency of engagement - post and runners tend not to survive long. When it comes to reward itself, stake obviously matters too, which means it doesn't really matter how much attention one gets in a niche, if there is no stake watching, it isn't going to get rewarded. I think overall, the distribution is rewarding a far wider array of content than it did earlier.

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When I first joined up, even after 2 months I was getting a lot of comments compared to other more established users. We had the Linear curve then and I know I keep harping on about this.., it needs to come back. Look at LEO, Look at STEM... they are flying and yet we are still in the rut on HIVE.

What is it going to take for change to occur? Linear means more comment voting, which means more comments. Like it or not, it's an incentive to comment.. though some comments may be more for the mere sake of gaining a few cents.

.. and don't get me started on that stupid voting window 😃

I do think I remember @blocktrades recently saying he wants to implement flat curation. It was in a comment, or even post, after HF24. But it wasn't a very explicit statement.

The reality, one which is not highlighted often enough, is that with the EIP, we have tailored a system to please stakeholders always more:

  • we went from 75/25 to 50/50
  • the window's reverse penalty went from author bonus to returned to the pool
  • the window was shortened where it should have been lengthened when switching to 50/50 so smaller stakeholders could frontrun again

Later the reward pool was reduced as well.

All these elements have damaged what was otherwise a well-meant and thoughtful economic update to fight abuse.

All in all, leaving aside the STEEM to HIVE power ups, little has resulted in additional large stake since the EIP. If it led to many more new stakeholders, I haven't gotten the memo. I'm not talking one or two who bought a million, I'm talking a number which actually registers on the radar.

I do think I remember @blocktrades recently saying he wants to implement flat curation.

The window is what irk's me more than the curve. I would love to see them both go but the window first!

Changing the window seems to be most everyone's top priority. That's what we're looking at tackling as part of HF25.

Good to hear, how about the curve?

It's something I only know about in the most abstract sense, I haven't looked into it much yet.

.. and don't get me started on that stupid voting window

I think this should be done now.

As for the curve, I agree it has affected comments. I still vote mine at a "technical loss" because it is encouraging. I also use !ENGAGE 20 in order to get them a few more votes plus some tokens when they are relatively decent comments. The curve was originally brought in to combat spam and comment farming, which it did effectively, but I think that it might be better to have the spam and guide the culture to either ignore it or, use the blacklists to mute it.

The curve was originally brought in to combat spam and comment farming, which it did effectively

I remember it well, and agreed it did the job.. but we also did not have free downvotes at the time. I think with the tools we have available (HIVE-SQL), comment farming abuse can be found and dealt with more easily.

It's the price we pay for having more comments and more interaction. You have to ask yourself, 'is this all working in it's current state'. We all know the answer to that one.

Yep, I think it was somewhat of a failsafe measure, as people also tend not to use or respond well to the downvotes. As for Spam, looking at YouTube and Instagram etc, they don't seem to mind it, which means that the users are used to ignoring it - kind of like banner ads on the sides of articles.

On the tokenized interfaces, dealing with it all is easier as they are centralized. The problem is in the decentralized greater environment, people don't like the idea of downvotes and blacklists.

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