RE: Crypto & Cardio #5 - Mo' complexity, mo' problems (Account Based vs Stake Weighed voting)
It would indeed be nice to know if someone is genuine or not!
Still curious how this account based voting will work. Probably this also will have flaws which will be exploited. But doing / changing nothing will probably be worse.
For me, the only indication is a post has value is the interaction on it. The more interaction there is, the more people are involved in it!
One can argue about the content but quality of content has a very broad spectrum.
Take for instance your sweep stake. Lots of comments on that post. We could argue about the quality of the content, which probably would be less compared with an in-depth article about a certain topic (no offense). But if the in-depth article only has 1 comment and the sweepstake has 300+. The sweepstake article could have more value because it offers a platform to interact with each other!
Cheers,
Peter
I think interaction is a good indicator. However I've noticed that people try to "game" interaction as well with fake comments etc.
It is tough because whether it's account based, stake based or interactive based, a qualitative assessment is needed to determine whether someone is genuine or trying to game the system for financial rewards. It's always going to be an imprecise science.
I like the premise of stake-weighted voting because the community members who are most invested in the success of the platform have the most influence over that assessment. If they get it wrong, it's there investment on the line.
I am only around here since Jan of this year. So still lots to learn and don't know the solution either. But no matter what solution it will be, people will find some mazes in the net and still will game the system. Only because money is involved!
We are now 2 months far with our Steem Sport Betting Community (@sbcbot) and I did underestimate how much time and effort it costs to set up a community full of genuine people. We are trying to educate them regarding steem, the quality of posting and trying to give them a push in the back! And we do see that some even there are trying to game the system. People now knowing what sports betting is, are trying to get an upvote from the bot. It is good that they have to get whitelisted to score upvotes.
What also bothers me, is that lots of the newcomers are only interested in interacting with the founders and not their peers, while this is our ultimate goal. But since this week we are seeing some changes and it is great to see that the discord channel is more lively everyday!
So, yes communities could be a future. But a community only gives the people a platform to interact with each other and to find peers. It is up to the community members who they use it!
Thanks for the reply.
Cheers,
Peter