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RE: Introducing new Steemhunt User Score - now your HUNT Token Balance Matters

in #steemhunt • 6 years ago (edited)

It fails to meet your announced goal.

Steemhunt is built on top of Steemit which uses a stake-weighted voting system. The philosophy behind this system is that the highest SP holders will behave in the best way to support the value of the platform. It was intended to enhance the linkage between the quality of content and its reward. As Steemit also experiences the same issue, the stake-weighted voting system is failing because top hunting posts are occupied by upvoting from bid bots, subscription bots, curation tails and self-voting, which is irrelevant to the hunting quality.

To create the ranking board where the most valued hunting posts can have higher rankings, we decided to change our ranking system to the account-based voting system.

Introducing ABV (Account Based Voting) System
The basic idea of ABV is “One vote is one vote regardless of how much Steem Power the voter has.” This means that the hunting posts with the most upvotes will have a higher ranking. This new system has five important pillars.

from https://busy.org/@steemhunt/steemhunt-initiates-account-based-voting-ranking-system

6 years ago in #steemhunt by
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     6 years ago 
    1. Our main back-bone is still ABV.
    2. If you think "changing" something to the original system is considered to be "failed," not sure how many current great products are considered to be "succeeded."
    3. We clearly mentioned about the goal in the post when we initially begin the ABV - To create the ranking board where the most valued hunting posts can have higher rankings -> ABV is NOT our objective. It's just a methodology to achieve our goal I addressed.

    Anyway, I don't think it's necessary to re-explain the reason why we have now stake-weights adapted ABV system because they are all clearly addressed in our post.

    Again, you are truly welcome if you can suggest something better system to achieve our main goal for the user score system - to represent the individual user’s valuable contribution.

    Thanks.

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     6 years ago 

    The post doesn't explain why HPS ( i.e. a user's stake in tokens) is important in calculating User Score.

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       6 years ago 

      I doubt your presumption:

      both scores are determined based on the performance of other users

      What performance do you figure out when a user can earn tokens from delegating Steem Power or just clicking shuffle button and installing a browser extension without any other activity on the platform?

      Soon token is going to be listed on some exchange and anyone can invest in it increasing their HPS. How is this component of User Score any different than SP system of Steem?

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         6 years ago (edited)
        1. We don't oppose the basic idea about STEEM's stake-weighted voting system. We think it's ideally and highly well-designed token system because more you stake in, more likely you protect the value.
        2. However, 100% stake-based system can't consider the factor of user's activitiy-wide contributions. Especially for SH, ranking should be be based on quality matters, not by someone put more money on that. This was our basic motivation to adopt ABV system.
        3. We never intended to set 100% pure ABV system anyway because it is never be possible to prevent abusers perfectly. Even with the perfectly designed oracle system (that is even just a concept stage) won't be able to prevent abusers. So our ABV system was not 100% pure ABV anyway. It has four major categories - you can check more details here.
        4. For designing no.3, of course we didn't put HUNT token stakes in the beginning because there are not many users who have HUNT token. So the "curation score" considered the token stake part -> if you have more rshare when you have upvotes, you gain more contribution point cause that "enhanced" other hunter's reward -> which is kinda "stake-weighted" system.
        5. Now it is right time for us to run the hybrid system with ABV + Stake-Weighted by using HUNT token cause there are quite enough number of token holders plus we are preparing to list it on exchange market.
        6. Except for the voters/sponsors, all other airdrops are based on the hunter's user score. If you make higher your contribution score (which I explained at no.3), your user score can be higher, which makes you gain more tokens when you participate in airdrops, which will make higher your score even more.
        7. Once the token is listed, then yes you can purchase the token and stake in. However, just this won't be able to increase your user score because of the contribution score will be multiplied. Even if your stake is the highest no.1 so your HPS is 10, your user score can be zero if you don't have "any" activities.

        Anyway, I still feel like you just keep "arguing" without knowing much about our background or reasoning so far. Again, if you can suggest some perfect ABV system for us that can achieve the following goals perfectly, you will be so much appreciated:

        1. Represent the user’s daily dedication within the community.
        2. Motivate users to gain a higher stake.
        3. Minimise the disparity between highly influential and normal users in a dynamic way.

        If your argument is just "for" argument, I'm not going to answer you anymore cause I'd rather use my time to develop our platform better.

        p.s.: oh Im sorry about the last sentence. I just saw your id is actually different person to the original person.

        by the way, I forgot to explain about your question though.

        "performance of other users"
        -> this means that we use relative percentile scale metrics. When there are more users who more actively involve with SH, your score can be lower even though you perform the same amount.

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