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RE: How to fix the extreme inequality on steem

in #steem8 years ago

As with all these things, I think the problem with giving everyone equal weight is you give the bad actors a way to band together to game the system too easily. You will always need some form of admin/moderator/control function with open systems like this, surely? Letting some people pay to vote just opens up a new can of worms, since it disenfranchises those who can't afford the fees. It's tricky stuff, isn't it? :)

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I think there are way more good actors than malicious ones. And the reputation system along with the power of the community is great for dealing with bad actors.

As for paying to vote: You can kind of already do that on steem. It just requires hunreds of dollars of investment to have even a $0.01 vote. And that's still pretty much nothing compared to the $300 votes of whale bots that make or break posts.

But yeah, it most definitely is tricky stuff :)

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