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RE: Rate Limited Voting - Explained
Any chance people will vote less on unknown authors and reserve their votes to spend only on authors they have confidence in to earn the most for their votes?
Any chance people will vote less on unknown authors and reserve their votes to spend only on authors they have confidence in to earn the most for their votes?
It will be interesting to see what the impact of this is... I personally don't think it will have much affect, however others believe it will. I'm sure we will find out over the coming few weeks... As far as I am aware, this change means that, everyone voting power has been increased by 8x (i.e. the 40 down to 5 is caused by voting power increasing 8x), so if you set your vote at 12.5% there will be no change.
The only impact will be on users who vote on say 1-10 posts per day, their voting power on these votes will have increased close to 8x in relative terms. So they gain more influence, more active users lose a little...
Good point. Thanks for explaining. I posted about this the other day... I think it won't change things drastically, but it may lower overall payouts and may make it harder for unknown authors to get votes.. I emphasize "may" because I don't know for sure. Like you said, we will see in a couple weeks if there is any real difference.