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RE: A Chat With An Early Steemit Top Author…….. Steemians Speak – A Mini Vox Pop....... This Week On Steemit…….. SteemMag – Steemit’s Weekend Digest #29 p.2

in #steemmag7 years ago

@ericvancewalton:
The “downvote fee” could be added back into the rewards pool.

That is what exactly happens already!

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I had no idea! That's great to know @liondani! So, the system currently subtracts from a person's wallet when they use the downvote?

from the "pending payout" (not from your wallet) and it gets proportional added to all other current pending payouts.... so for example if the total reward pool sits on $1000 and we have only 2 authors that have exactly the same votes (weight) then each of them sees $500 as pending payout... now if before the payment the one gets downvoted/flagged to $250, automatically the other one without any change on votes will increase his pending payout to $750 (for a total of $1000 again that will give away the system as an end result)

That is neat. So much learning.

So good to know. Thank you!

Wow. Really. Ddnt know about that. Is there a link for this info?

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