RE: Downvote Pool Deep Dive

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RE: Downvote Pool Deep Dive

freebornangel in #steem • 6 years ago

Hmm, so straight up and down voting.
Perhaps the stake, that ostensibly belongs not to stinc, but to the chain, could do what steemflagrewards does. Reward abuse fighting.

Or separate up and down voting pools.

The way it is works if the big stake values capital gains over extracting inflation, they currently don't.
They cut their own throats because they have their roi and are playing with none of their own money.

Ultimately, its the ninjamine that destroyed the balance.
With an 800mv influence cap, rewards and curation worked just fine.
We even gained users.

I cant wait for the truth to be exposed.
Why are some people working against steem's success?

6 years ago in #steem by freebornangel

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krecikdwamiljony 6 years ago

With an 800mv influence cap, rewards and curation worked just fine.

That might be a good idea to bring back, or anything else that will cause diminishing returns in power the more popular you get. For example logarithms (e.g. 1 popularity measures = 1 measure of power, 10 popularity = 2 power, 100 popularity = 3 power, 1000 -> 4 or 1->1, 2->2, 4->3, 8->4, 16->5 etc.) or roots (e.g. 1->1, 4->2, 9->3, 16-> 4, 25-> 5 etc.).

This way you could both "climb the social ladder of importance", but you couldn't as easily become a "social tyrant" of sorts, who cannot be "overthrown".

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freebornangel 6 years ago

Lol, good idea, unless you are one of the oligarchs.
Maybe the sps will free us,...

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krecikdwamiljony 6 years ago

Oh, the last one is simple, wherever there's a possibility for abuse for personal gain, especially without negative consequences, sooner or later it will be exploited.

I'm here just because I'm curious how such "alternative market" behaves (and also because the currently major social media sites mostly suck, but I don't have high hopes for steem in particular). I'm not an economy major or something like that either.

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freebornangel 6 years ago

Steem on, it's just a ride,...right?

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