I think this 7 day payout was a bad change . I liked it until I saw it in practice.
1 Now Votes No Longer Have Immediate Visible Impact.
The whale expirement gave voters an impact. It's now gone. It might come back after the initial 7 days but I think it might not because even if a minnow vote has the same impact now as before there will be some time value portion. In other words, an early vote doesn't seem to move needle as much as a late vote because some of the benefit of that early vote will not show up in the payout until days 2-7, long past when that voter has moved on. Since most votes are on first day most will not see the full impact of their vote.
2 Trending Page Won't Change as Frequently
The whale expirement got us out of the regime of a few authors favored by whales always on the trending page. This was good because it allowed new voices to randomly show up and keep the content changing. The 7 day payout because it's tied to sorting will keep the trending page static. It's possible the "hot" page will be a good fresh content page but I am a little worried.
3 Exacerbates Reward Curve Issue
This will exacerbate the reward curve problem, the number one problem hurting steemit adoption beyond a small cadre of verbose bloggers. 7 day payout allows popular post to get even higher than ever before exacerbating the reward curve's fatal flaw. For a while the whale expirement, alleviated the fatal flaw by keeping rewards in more linear part of the curve. The 7 day will undone some of this
HF19 Priorities (according to me)
- Fix the curve asap. This is killing us and will be worse under this hardfork
- Allow People to Follow Topics like reward curve this has been begged for for months. At least since last august when it became a problem. The communities fix is too complicated. It is taking too long to build and might be so complicated it's off putting. Creating simple ways for people to see a feed of topics they like (like Reddit) is sorely needed.
Extra Here's an easy way to fix community issue!
This can be done by creating a bot that resteemed every post with a certain topic. People could subscribe to bots hey wanted. Maybe I'll follow a cooking resteem bot or a crypto resteem bot. It's sorely needed!
