Changes to Reward Curves: Not Yet

I am disappointed by this bad news. Here's why.

We considered proposing a move from the n^2 curve (to either modified superlinear n or a linear n), which would mean more influence on rewards for smaller holders of Steem Power than is the case today.

The way you recognize the new curve is inadequate. It's not about increasing small holder's power, but about give fair influence proportional to all holder's stake. Concentration on concentration is a big social problem in Steem IMO.

A modification could be good, but there are game theoretic challenges that haven’t been fully modeled.

Please stop using game scheme, unless you want to create gambling site. Creativity and positiveness come from encouraging and fair social base, not from win-or-lose arena.

Rest assured, we’ve completed the implementation. We just need to see how it functions. If it performs better than the current model, we may include it in the 0.18.0 release.

You cannot know how it exactly works until you implement it. Different rule makes different behaviors and outcomes.

These changes are about rewarding the best content, so we’re handling any voting curve changes with care.

n^2 has no relationship of rewarding best contents. It's all about concentration of power on few whales. And it's obvious that the current system are generating many serious problems now.

What Ned told me is that n will encourage self-vote abuse and hence decreases amount of reward to other authors. But this is not a fatal problem, and can be addressed with community efforts IMO. We are already not rewarding "best contents" and many people are looking forward to a flattened curve. I hope that we have the new linear curve ASAP.