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RE: 🔴 Manipulating Steemit is easy as 1 2 3🔴

in #manipulation8 years ago

This problem has been discussed many times, most notably by @anyx. I'm not sure what the solution is, other than not caring about vote count when curators make their decision about giving a vote. Sybil attacks are difficult to stop, but unless someone invests a lot of money into the bots to make their votes actually worth something, the $ amount doesn't change. Vote count alone, IMO, doesn't mean much, other than someone who is gaming the system and not worth my attention in the future.

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FYI, according to @smooth, the 'hot' algorithm is going to be updated shortly such that raw votes will no longer matter. It sounds like it is going to effectively be like the 'trending' page algorithm, but with an elapsed-time penalty.

I see this problem in a long term. The steem power these bots are holding is increasing daily today they might have not enough steem power but what happens in 2-3 years when some steem power is accumulated and the pirce of steem is not 1,5$ but maybe 10$ or 20$ or more.

Then those with larger account balances will increase at the same rate and flag all those accounts, decreasing their reputation. As @trogdor mentioned above, things are being done to help with this issue. Dan had a hardfork ready to go with his solution, but the community didn't like it, so it was rejected. Something will come up to solve this, I think. This is the beauty of game theory: new ideas always evolve to combat the existing ones.

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