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RE: Proof Of Worth: Revisited And Upgraded
Really well written this, even I can understand. Would be nice to have more technical types take a look in - I guess you got lost under the charts and recipes. Thanks for linking it on the other post.
Yeah, it would be nice, but technical writing tend to be a little dull side. Thanks for taking the time to read it though. It might not be the best idea, but I try to contribute to the conversation in a positive way.
I like the concept. I was wondering about a trail of voters - we have large holders with trails that run into the 50s-60s. You suggest that they would need double the SP to collect the same rewards?
No, I did not even think of trails. So, those trails would validate the voters they would follow to some extent. Depending on how their trail is, their vote may be completely validated by the trail. Whether or not this is an issue remains a good question. The fact that people are willing to give their support behind another voter indicates community support.
Ahh, i was thinking if a person had say 2 million SP split between 200 of their own accounts..
Ah, yes. That's also a good point. A much harder problem, but a problem that should decrease over time as the user population grows and the price of Steem grows. There are not many accounts with a lot of SP and starting a scheme like this continues to get more expensive.
There have been vote weighting suggestions that decrease the value of the vote over time when voting for the same accounts repetitively. We could also do this for voting trails, though that might be a little overkill.