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RE: EIP FAQ

in #steem6 years ago (edited)

The EIP proposal is IMO missing the opportunity to re-structure the Steem Ecosystem for the upcoming Dapp Economy.
Here is my take on this.

My biggest concern with this EIP is that blogging and Steemit.com is still the main source to "mine Steem". But we all want to have a thriving SMT and Dapp economy. That is an unfair privilege for Steemit.com and blogging in general compared to all other dapps like Steemhunt, Magic dice or Steemmonsters. IMO the whole POB mechanism should be removed from the baselayer Steem and should be put in the hands of SMT and communities. Steempower should only be good for voting on witnesses, voting on worker proposals from the foundation and maybe vote on SMT main accounts to allocate some Steem from the reward pool.
When SMT and communities are here than those admins should have control over the reward curve mechanism and POB they want to implement.
But if we leave Steem with blogging only mining than its going to be an on going issue while we move towards an dapp economy.

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Insightful and forward-looking. I do agree we should think more than one step ahead. Maybe (hypothetically) EIP helps with directing inflation to rewards on a particular model of a blogging platform, but what is that good for? It doesn't necessarily add value to Steem. (And if it doesn't it will still ultimately fail because the value of Steem will continue to erode and no matter how well you direct inflation, a share of a cheap and still-depreciating asset isn't worth much.)

Thank you @smooth for your support. I hope that idea becomes more popular since we don't have so much time to fix the Steem economy.

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I'm not 100% in favor of the idea, but I do think it should remain in consideration.