Please see the edit at the end of the post as inspired by the inimitable @squirrelbait.
I mentioned ending the 7-day ceiling some time ago in this post.
My last recommendation is to get rid of this ridiculous 7-day payout window.
It makes no sense. We all have the stake pull we have, and whether it is used on a post from the last week or four years ago has no effect on this stake voting limitation.
Why is a post of value only of value for seven days?
That's a huge impediment. In the real blogging world pages written years ago, if written properly will continue producing income for potentially years and years.
It makes no sense as I point out, only acts as a deterrent to those serious of their blogging craft who are trying to create residual forms of income as most blogging efforts offer.
It's the only reason I can find plausible for having such a cap. Imagine having to monitor all post votes from their birth to eternity for downvoting/reward nullification.
The bot math to monitor for destroying posts would need to be expanded greatly.
I can remember early on when at Steem the discussion of so-called reward pool rapists (always hated equating valid stake pull with the violent act of rape). Of how they would wait till the window for voting was almost closed before voting for their posts for farming.
I found it despicable the mob mentality that the whales would stir over folks trying to use their valid stake claims from their investment.
In my comment discussion on the link above I was discussing this with MK. I'll explain now here how this should work as I did with him.
Keep in mind I'm not a programmer but have a rudimentary understanding of how math works and impacts desired outcomes/variables.
So we have one variable that determines that a post pays out every seven days.
We have a separate variable that determines when the life of a post (7 days)is done.
For this to work both of those outcomes (variables) have to be written in code. While tied together as an outcome, each variable simply must have its own math formula as instruction for the outcome we have at the end of 7 days.
It should be possible to change the formula of one without the other. Or as I'm advocating here, to change
Change the lifetime ability to earn from a post to forever (technically impossible maybe). If so place an absurd amount of life in the formula, like 50 years.
Change the 7 day window formula to instead reset every 7 days. Eliminating double/triple etc. payout for same stake claim.
In anticipation of a possible argument against it, I say this.
I can see an objection to someone voting on their own posts again and again weekly.
The continuous voting in the above scenario is an exercise of one's valid claim pull on the reward pool. We need to drop this insane reward pool rape narrative the whales installed at the beginning of Steem.
This would only encourage a little more for farmers to invest more as they could quit writing new posts and just keep voting the old crap every 7 days. Win win really. Eliminates some of the crap clogging the new/hot/trending and encourages these farmers to invest more.
They (reward farmers) can simply write something short and vote it now. Kind of what we see already if you care to peruse hot or trending.
So that won't change.
What will change is making Blurt more attractive to folks serious about blogging. We need them here to hopefully outnumber at some point the masses who now currently only view Blurt as a short term faucet.
In the world of bloggers, each page or post is viewed as an employee who works 24 hours a day, 7 days a week month after month, year after year.
Never needs a day off from being sick or needing to take care of the kids.
Our 7 day ceiling ensures no real blogger of intent will call Blurt (or Hive/Steem) home.
Think about it. Earn for 7 days from doing the work once, or earn forever from doing the work once. You can easily see which path the serious blogger will take.
Imagine having passionate bloggers here to water down this kind of crap.
satirical look at hot and trending
Interesting posts that have life and intrigue. The kind of posts you're reading are so interesting your lover wishes to make love and you tell them to hold on as you want to finish the post type good.
In the initial stages of this Dpos project by default, the only product is the coin.
To expand and build upon this, we have to make this about more than the coin. Add some seasoning to that meat if you would.
Make some or most of the posts here a product in its own right.
I've made my case here. Please share in the comments your position on this idea to move forward.
I especially wish to hear from
@saboin
@megadrive
@jacobgadikian
@khrom
@nalexadre
Thank you for reading. I feel it's important for us to continue shaping Blurt into something folks wish to use. This approach has the potential to overcome our lack of exchange listing handicap to a degree.
I look forward to reading your thoughts on this Blurt community, as well as a response from any I tagged.
Edit:
I wish to point out with thanks to squirrelbait that I don't mean to suggest this would be a simple change. I have no doubt it would require much study to isolate the formula(s) involved and change to a new formula(s).
The purpose of this post is to begin a dialogue on this game changer. I submit the other chains would never undertake allowing a lifetime possibility of votes on a post as we see in the majority of the blogging/creator world. I also wish to qualify my statement as this is not just something bloggers are used to.
Creators such as artists, photographers, etc. also are used to a potential life time of earning potential.
Let's do it!
It would be nice to have no number of days limitation on voting. A content should have the flexibility of being rewarded at any time
Exactly.
I keep reading web3 is better than web2. I would say this feature as currently limiting makes this reward system worse than web2. Content should be rewardable for the life of the content, as it is elsewhere.
Thank you for sharing your thoughts on this with us.
Sounds like a great suggestion to increase onboarding and would help differentiate/elevate Blurt even further up the ladder from Steem & Hive. 🖖
It would for sure make Blurt more attractive for content creators who take pride in their work, by offering them the same pay potential as web 2. 🙂
I think it's absurd to have People read My work a month out, want to reward it, and not be able to! I want to be able to reward People whose work I encounter that I fully appreciate and don't like being blocked from that.
I agree. This limit hurts creators and serves no One.
My thoughts exactly.
I think no one questioned this since Steem was created, and the only reason I can see it put in place was to make it easier to destroy (downvote) a post. I'm not sure how many millions of posts Steem and Hive have now, but monitoring everyone for votes to downvote could be quite the chore.
Thank you for weighing in.
I wonder if it has to do with transaction load on the witness servers. I have no idea. If it is possible and practical on the bits and bites end, I am all for it!
Your thoughtful comment inspired an edit on my part.
It's definitely possible as it was coded in the 7 day life and payout.
However I don't wish folks to think I'm suggesting this is an easy change to implement. But I feel it would be worthwhile for the chain to make this huge change that would level the playing field with bloggers on WordPress, creators of other means who are used to earning lifetime on their work potentially.
Thank you as always for your level headed view.
LOL. I almost didn't leave a comment. I do not understand block chain very well at all. I do agree with you that if it is possible to do, Blurt should not only be competitive with other blogging sites but aim to rise above them in user appeal. People, I think, would blog more and put effort into the posts too. I am sure there are many folk on here that agree this is something that needs to be looked into by our coding/witness folks.
To sell a product, one must look at what motivates people. Free speech, sure, definitely. But money is a big one. People were going on and on about burning blurt to raise the value. Less is more valuable I guess is the idea. Doesn't matter if no one wants it. No one can use it for anything. There needs to be a balance and perhaps some way to spend it built in. An economy without goods and services is not an economy. That's why Bitcoin is so valuable. People can use it. Even fake goods and services like online games offer is an option. It's an artificial economy but one all the same and people go for it. Use blurt to buy cool banners for posts or something. Use blurt to by a free posting pass for so many posts. Stuff like this. Again, not sure how that would work on a block chain but that what our brilliant computer geeks are for and many of them are brilliant.
I'm so glad you did. Your comment made me realize my post was coming off as though such an undertaking would be easy peasy. I never meant to give that impression, and I appreciate your making the light bulb go on in my head.
I value your input more than most.
It's something that I have thought about for a long time. It's also something that we were thinking of doing, but the idea was put on the back burner.
One way it could work would be like it works on Dtube. The posts there can be voted at any time, and if I'm not mistaken, you get your curation rewards right away or in a very short time. I forget exactly as I haven't looked at Dtube in a hot minute.
For sure, it's not a simple thing to do. It would require a hard fork for sure, and someone would have to design the new reward system. Then you need a skilled C++ programmer to implement the new way, and code a hardfork.
As much as I would love to be able to do something like that, I think that, realistically, it won't happen anytime soon.
There is a way around the seven days payout window without needing a hard fork and that could be implemented easily enough. You can remonetize a post by posting a comment under it, and setting the author as 100% beneficiary. You would just need the interface that lets you set beneficiaries on a comment. I think that could be added to the frontend fairly easily.
Thank you for weighing in.
I'm heartened that you've already been dwelling on this. It feels to me that Blurt needs to do something before the price falls to levels we can't keep 20 witnesses, and the quality of posts continues to decay.
The solution in my mind is isolating what potential users would want that would open the potential for some kind of mass adoption. One of those roads in my opinion is at a minimum offering at least what web 2 offers.
I was peeking through code on github and found something that might be useful for whenever this endeavor could be undertaken. It is the line(s) that involve post payout being 7 days.
Lines 49 and 50.
https://github.com/Blurt-Blockchain/blurt/blob/dev/libraries/protocol/include/blurt/protocol/config.hpp
You mentioned using comments and beneficiaries in your reply. I know Yayo mentioned his desire for a beneficiary for comment. I'm not as big a fan as comments typically receive low votes.
However, it seems to me a quick fix while waiting for a more complicated hardfork might be possible at a front end level using a comment that can be pinned.
What I would suggest is at the end of the 7 day payout allow a comment to be pinned above the amount the post earned and number of votes. Then one could write a comment to vote here.
I suggest above the previous voting cycle so that users don't get confused and miss the new option to vote again using the new comment. Not a deal killer, just trying to account for confusion likely to occur as we seek a remedy for the 7 day limitation not found in web 2.
Again, thank you for weighing in.
It's not just a matter of changing those lines. There needs to be code added so that it only changes the cash out window and the rewards system after the hard fork. Things before the hard fork have to still be calculated the old way, otherwise it will break the blockchain. That's why you need someone who knows how to code a hard fork correctly.
The whole system would need to be revamped in order to make the posts evergreen. Right now it's based on a cash out window.
It would need a lot of careful thought from people who are competent in the subject. That would mean someone who is proficient in C++ and is well versed in how blockchains and economic systems work.
I understood that when I looked and found it. I was trying to help isolate the code for whoever is capable of writing what needs to be written in its place.
That is the best idea I have heard from any other platform and why not it will certainly give BlurtBlog a new look and encouragement giving content a lifespan is the right thing to do some serious bloggers spend many hours getting a blog together and it should be rewarded in the right manner seven days is hardly worth it especially when we miss a post that should have been rewarded much more.
So much this. During my absence, I took a year of blogging school. The 7 day threshold for earnings is laughable to bloggers, and this would entice them and all creators to give us some serious thought.
Lifetime earnings with a built in audience already, plus our domain authority.
Thank you for weighing in your thoughts.
My pleasure @practicalthought it would certainly take blogging to another level if this was possible.
It's definitely possible as the code lines already exist to force the 7 day life of a post and the 7 day payout.
The question here is if the Foundation would be willing to invest the time in isolating these code lines and rewriting them.
After the time Dpos has been here, it's obvious that we need to stop forcing others to bend to us and ask ourselves what consumers would want.
I guarantee no creator would accept a 7 day shelf life for their work.
Even Hive is worried as they say Splinterlands has at best 1 year of funding left, and they are now targeting folks who dare cash out their earnings.
https://hive.blog/hive-167922/@edicted/hive-tightening-of-the-belt-only-upvoting-powerup-accounts-azm
this change is good
Thank you for sharing your thoughts on this.
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