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RE: Proposed HF Changes to bring voting back In line with its intended purpose - rewarding quality.
The solution proposed with the weight reduction on self-vote is interesting. On the long run, I believe it could be hugely beneficial to the future and quality of steemit.
That's 100% correct. The long term value is what this helps to secure. When the price of Steem goes up and the reward pool thins out because of the rapid growth in new accounts, if HF19 is anything to go by, we will see a lot more self voting going on, and quality not being reward by its fair share of rewards. Random rubbish commemts will get more reward than the post utself. We need to have the measures in place to prevent that before it becomes a bigger problem.
It is an issue that needs to be addressed as soon as possible before it becomes a sort of core right, which will make it tougher to regulate in the future and might be one of the causes of the end of the platform.
Prevention Is Better Than Cure
Well, it's more about getting things to work the way they are intended to. There will always be those who abuse the system for their own personal gain. We don't want a highly regulated system, but we do want to have it working they way it was originally intended, which is quality is judged, and rewarded by others, and not the author. This brings the design of the voting and rewards system back to it's original purpose, and in so doing prevents the culture of self voting from becoming mainstream. Thanks for your support!!