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RE: WITNESS ANNOUNCEMENT - New Witness on the block - Partnering with @davemccoy
You've got my vote!
You have come to the same conclusion as I have on bidbots and this is no easy stance to maintain. They are destructive to our long term survival.
Having whiteness that recognize this fact is now critically vital!
Thanks for your support.
It would be great if we can increase awareness among users and delegators, but I think a system change is necessary to have any major impact. For example, curation rewards need to be adjusted to create an incentive for delegators to focus on curation instead of delegating to these bots.
Yes, I agree completely.
One possibility I have envisioned is to cause high SP votes in relation to the current post payout to be shared more with the curators than the author. That is if a high SP (botvote) hits an article with a current payout of .50 and has a vote of 25.00, then based on a logarithmic scale, up to 50% would go to the curators, not just 25%
This does not take any large blockchain reviews and is nothing more than simple math. It makes using bots unprofitable. It would not affect normal vote flow and rewards and also highly encourages larger whales to seek out unnoticed work.