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RE: Breaking a Natural Market On Steem
It sure was nice seeing my ~1000sp giving out dimes while the price was <.25usd.
All it took was responsible whales controlling the abusive whales.
My latest idea is to code the steem and Steemit account's sp to downvote votes in excess of whatever limit we want and bring back the nsomething.
I know there are at least 35 accounts that will vote against it, but I think 1000 accounts giving out significant rewards will draw more users than 10 accounts giving out 30% of daily rewards to ten authors, as it is now.
~60% of rewards go to those ten votes and bid bots.
Smdh.
Interesting thoughts and I heard today it is only 2 weeks to code the new changes, so... that makes me feel better we can yank our own chain for another couple of weeks.
I would think reverting back to code we already used would be minimally taxing on resources.
Coding in an influence cap and locking the sp to enforce it might take awhile.
But, you heard them, rewards changes are behind communities and smteees!.
Neither of which are likely anytime soon, if ever.