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RE: Normie Talk - HF21 Explained (SPS + EIP) What it is and what happens next

in #normietalk5 years ago

Some of the proposed changes in HF21 may bring a slight improvement, but there's a few huge problems with it:

  1. The responsible parties think it's gonna solve the most pressing issues with Steem. It won't.

  2. Reducing author rewards is non-sensical. I've been pointing that out many times - if the promise is "you can make money with your content", then it should be easy for users to do that, not by upvoting. It's never been easy to make good content visible by many people, simply because there's so much of it out there. This is not solved by giving more rewards to curators.

  3. Instead, it's gonna make things worse. Bots will be in a superior position to place upvotes with the best possible timing, so the lion's share of curation rewards will go to bots.

  4. None of the proposed changes make Steem easier to understand for outsiders. Why are downvotes treated differently than upvotes? Why do I get less than half of the payout that is displayed to me on my own post? Try explaining that to newbies.

I'll probably be sticking around with Steem, but I'm not at all thrilled about the EIP and HF21.

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