You are viewing a single comment's thread from:
RE: A Possible Cure For Steem?
They're very good points you raised in your post, especially with relation to being shareholders. unfortunately it's not that simple.If you make votes equal weight, then there are going to be even more bots pop up draining the reward pool. I think if we can somehow disable bots on Steemit and disable self-voting and restrict repeat voting on the same accounts, then it could be a good solution. Also in terms of current 10 votes per day, it's only 10 votes max voting power, but I vote much more than that at, and my current voting power is around 50%.
Thanks for reading and commenting.
It is true, nothing is that simple. That's why it is good to discuss ideas and look at a situation from all angles. I am not fond of the vote-buying bots and would much rather have someone read my post than have a bot just automatically vote on it without even having opened the page. The bot isn't going to say, "oh this is worthy of a re-steem". It will simply do its job and move on. In that case I may as well have posted gibberish! I think bots like cheetah have their place here, but I do wish the rest would be treated by the community as a bad virus. Having multiple accounts is one of the big problems, and if only 1 account were permitted per person, then a 2nd account could not be created for the bot. Steemit has many problems but if we can over-come some of them we can just keep chipping away little by little until we get a better and better product. Having a central repository for ideas would be a good start.
Actually, each vote knocks off approximately 2% of your voting power, so even after just 1 vote, you are no longer at 100%. In order to always vote at 100% one would need to wait to recover vote power before voting again. The 10 votes per day is a simplified way of expressing that you can make 10 votes every 24 hours and recover fully in a single day. Even the 2% / vote is kind of misleading (I hate percentages) because as your vote power goes down, you lose less per vote. Someone did an experiment and found that when your VP is extremely low, you can continue to vote almost indefinitely because the amount taken off is so small. 2% of 100 is a whopping 2 points, but 2% of 1 is 0.02 (next to nothing)!