EDIT: Upon further thought, I'm not sure that the curation rewards are affected (they are if curation rewards AREN'T given for comments; they are NOT affected if they are -- which, I believe is the case). If curation rewards aren't affected, it would have the effect of making the impact on the post author pool larger -- more like 16.5% (or 1 in 6)
If you look at the front page of SteemDB, it shows how MVests were distributed over the past 30 days. The current ratio (over 12 days of HF19 and 18 days of not) is
8.5% interest and witnesses (this will remain constant)
Before HF19, comment author rewards were 1.5%. For the last 12 days, it has been 14%. That extra 12.5% percent comes out of post author rewards and curation rewards so likely
before HF19, the ratio was 75/15/1.5/8.5
AND
after 30 days, the ratio will be 64.5/13/14/8.5
WOW! I hadn't thought of it that way before . . . . BUT . . . .
==> The drain on both author & curation rewards is about 14%
which makes since the addition 12.5% needs to come out of 90% of the original pool.
A LOT! If you post something, and say, get a bunch of votes which bumps that post to $20, even if the price of steem remains the same, you will see the potential payout steadily decrease over time. This is happening in large part because of the way HF19 "spread the influence around" like we're some sort of socialist community now.
Influence should be EARNED, not just given away willy nilly to everyone who joins.
Not sure what you are talking about. I thought this post was about some greedy whales and dolphins self voting on their own comments. Just a few bad apples, I hope. The devs should just disable the self voting option for everyone. Problem solved, imho
Removing the ability will only create a system where it's harder to find the abuse. Someone could simply create another account, and use that to upvote their posts.
I don't know WHAT the solution is, if one exists. All I know is that this kind of abuse is going to destroy steemit, and ruin this for everyone, but the people abusing the system don't care about that. Whether it's minnows, dolphins, or whales, pieces of shit typically ruin everything for everyone around them.
Flagging seems to be the only way to keep these people in check. If someone repeatedly abuses the system, and gets flagged enough, their rep will drop to the point that they CAN'T vote on ANYTHING. That'll teach the fuckers.
Someone could simply create another account, and use that to upvote their posts.
Flagging them will probably do that as well. Nice reply. Much to think about. I think the owners and developers are trying to figure out a mainstream model that will work for millions of users. I read somewhere the reward pool has already been drained by 40%. So I wonder what happens next?
If someone repeatedly abuses the system, and gets flagged enough, their rep will drop to the point that they CAN'T vote on ANYTHING. That'll teach the fuckers.
They can still vote, but their vote won't increase the REP much if any, yet their vote will be worth exactly the same amount as before. In effect you cannot stop people by flagging them, or hope they change for the better because of flagging, because they can keep self voting and someone will always have to flag them. The solution is to have a running post that goes up every week and the people that self vote rabidly can get named and people can go through their comments and flag them as a community so that the self voters will be faced with continued flagging or change their MO.
This post would be directed at everyone that bot votes from themselves as well, and I think it will be feasible as we don't have that many users with large accounts.
EDIT: Upon further thought, I'm not sure that the curation rewards are affected (they are if curation rewards AREN'T given for comments; they are NOT affected if they are -- which, I believe is the case). If curation rewards aren't affected, it would have the effect of making the impact on the post author pool larger -- more like 16.5% (or 1 in 6)
If you look at the front page of SteemDB, it shows how MVests were distributed over the past 30 days. The current ratio (over 12 days of HF19 and 18 days of not) is
70.7% post author rewards
14.2% curation rewards
6.6% comment author rewards
8.5% interest and witnesses (this will remain constant)
Before HF19, comment author rewards were 1.5%. For the last 12 days, it has been 14%. That extra 12.5% percent comes out of post author rewards and curation rewards so likely
before HF19, the ratio was 75/15/1.5/8.5
AND
after 30 days, the ratio will be 64.5/13/14/8.5
WOW! I hadn't thought of it that way before . . . . BUT . . . .
==> The drain on both author & curation rewards is about 14%
which makes since the addition 12.5% needs to come out of 90% of the original pool.
A LOT! If you post something, and say, get a bunch of votes which bumps that post to $20, even if the price of steem remains the same, you will see the potential payout steadily decrease over time. This is happening in large part because of the way HF19 "spread the influence around" like we're some sort of socialist community now.
Influence should be EARNED, not just given away willy nilly to everyone who joins.
Not sure what you are talking about. I thought this post was about some greedy whales and dolphins self voting on their own comments. Just a few bad apples, I hope. The devs should just disable the self voting option for everyone. Problem solved, imho
Removing the ability will only create a system where it's harder to find the abuse. Someone could simply create another account, and use that to upvote their posts.
I don't know WHAT the solution is, if one exists. All I know is that this kind of abuse is going to destroy steemit, and ruin this for everyone, but the people abusing the system don't care about that. Whether it's minnows, dolphins, or whales, pieces of shit typically ruin everything for everyone around them.
Flagging seems to be the only way to keep these people in check. If someone repeatedly abuses the system, and gets flagged enough, their rep will drop to the point that they CAN'T vote on ANYTHING. That'll teach the fuckers.
Flagging them will probably do that as well. Nice reply. Much to think about. I think the owners and developers are trying to figure out a mainstream model that will work for millions of users. I read somewhere the reward pool has already been drained by 40%. So I wonder what happens next?
The flags literally put money BACK into the pool for people who deserve the payout.
They can still vote, but their vote won't increase the REP much if any, yet their vote will be worth exactly the same amount as before. In effect you cannot stop people by flagging them, or hope they change for the better because of flagging, because they can keep self voting and someone will always have to flag them. The solution is to have a running post that goes up every week and the people that self vote rabidly can get named and people can go through their comments and flag them as a community so that the self voters will be faced with continued flagging or change their MO.
This post would be directed at everyone that bot votes from themselves as well, and I think it will be feasible as we don't have that many users with large accounts.