RE: Hives New Power?
1 yr
0 Min Read
45 words
The second could rewards be phased out for posts and go to a layer two option?
The rewards pool is an EXTREMELY effective way of distributing tokens to the maximum number of people.
Imo, removing this would be a disaster.
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Agreed, do you feel a DAO should be nixed then and more pushed into the rewards pool so the community votes with their vote power on the projects they want to support? This would make it so projects would have to constantly post updates in order to get votes to fuel their projects instead of slapping thousands of dollars at them and then hoping they do the thing.
This is certainly one problem with how the Hive DAO works.
How is money not held in escrow and released on a revote after satisfactorily delivering the work?
Seems like common sense.
Savvy projects can already use the rewards pool to fund projects.
Although...
Look at Khal getting SMASHED with downvotes from the Hive Elite.
He has literally built Hive's connection to the rest of crypto for years without any help from the DAO and they're STILL for some reason smashing him over being subsidised a couple of hundred bucks in rewards.
I just don't get it.
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Does anyone really use a downvote for good? I say remove the downvote system because a decentralized system someone's allowed to vote for spam if they want. I'm being a little sarcastic there but that's why a fully decentralized system just will never work. It always turns into spam and trash.
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One of my frustrations is seeing outward facing content designed to bring outside money back into the system, with a ton of downvotes.
The argument is that it's just 'rebalancing rewards' but all readers new to Hive see is a post with like 50+ downvotes that looks like spam.
Surely the potential value of bringing new money into Hive outweighs what is nothing more than token distribution from our rewards pool.
It does my head in.
I'd love to just see rewards on posts hidden from front ends unless they click.
Posted Using LeoFinance Beta
That could be a interesting and pretty easy test to see it hidden.
The curation trails I feel are also part of the issue as people just follow the big ones blindly so they get massive upvotes.