You are viewing a single comment's thread from:
RE: Patagonia
That was a flaw, not a feature.
It was a consequence of a broken economy that completely undermined Steem's ability to function correctly through honest voting.
That was a flaw, not a feature.
It was a consequence of a broken economy that completely undermined Steem's ability to function correctly through honest voting.
I'm confused, why is self voting still available. Doesn't that go down as a flaw too then?
Aah ok. Is it fixed now? It seems like it was still working normal on Smartsteem. I did hear that Steem went down recently.
It's impossible to say if it's 'fixed' this soon or perhaps ever
But recent economic changes have made honest curation far more competitive than before (curation is now 50%) and it's less expensive to fight against content agnostic voting (self votes, vote buying, circle jerks etc) with the 25% free downvotes now available.
Some who were taking part in the content agnostic voting economy have since adapted to honest curation and many of those who remain are feeling considerable resistance in the form of downvotes rendering their exploits less profitable.
So with respect to pivoting from a broken set of economic rules, things have certainly improved across the board. Many are hopeful that they will continue to improve until the overwhelming majority of stake engaging in honest voting behavior becomes the norm.