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RE: Reward Curve Deep Dive
Someone looking to mine the reward pool would simply create many small accounts to vote on to get around this restriction.
Someone looking to mine the reward pool would simply create many small accounts to vote on to get around this restriction.
You literally just explained how your own system would get broken.
All accounts would be financially incentivized to capitalize on parabolic rewards and avoid big payouts. In effect, users would be getting charged even more money to pay rent to the trending tab for increased visibility.
Proof of unique identity would solve that type of issue, right? But is it possible, or feasible to implement?
True, but are you satisfied with that state of affairs? is there anybody looking at how to break that symmetry? The "upvote" is not an exchange as would occur in real life, although there are two parties, it is not a trade - because the reverse "upvote" has the same effect.
There must be a function (somewhere) that can act as an asymmetry to the upvote function.
Any "vote decreasing" function will have a nuisance-effect on many but, as you say, will ultimately lead to more complex self-voting structures.
BTW thanks for the article and thanks for answering some valid technical questions in the same tech fashion.
Not really, they are currently already doing it regardless.
With the voting power back in the hands of people instead of delegating to bitbots with less people using them. It will be regulated by the dolphins and whales like they use to. It would be easy to track the culprits.
This strategy will kill three birds with one stone. 🤷🏼♂️
Those that are already doing would not be affected. Those that aren't would start.
Folks that upvote creators they find of high quality regularly would be penalized for actually curating.
It's a bad idea, and would not put VP back in the hands of the general community in any way I can envision.
That's the way it looks, punishing the few for the crimes of a lot of others.
100% right, would be nice to have vote diversification rewarded im some way but whatever is tried, the rapers will find a way around it :-(
Nice to see/hear you on Steem, this kind of post is mostly appreciated!!! Your name sounds 100% dutch by the way....
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