The LUV and HBIT tokens have simple goals and try to keep things simple.
In both cases, the desire is to keep barriers-to-entry low and barriers-to-use low. With LUV, only 10 are needed to give freely to others. With HBIT, a Hive newbie could literally mine HBIT as his or her first Hive action. Simple is good.
The simplicity and low barriers require a degree of trust and responsibility. Not all people can be trusted, or they are irresponsible, or they are selfish. Probably, we all have degrees of each of these vices. Yet, some people are just simply bad actors. And, their actions can hurt, as described in this post by @kvinna.
Thankfully, on an open blockchain like Hive, everything is open and transparent for all to see! As the saying goes:
"Sunlight is the best disinfectant." Source.
What are inspectors?
Inspectors are people who keep an eye out for abuse and misuse of the LUV or Hivebits (HBIT) token. The idea and name came from @thatgermandude (see below). Inspectors could probably keep a watch out for abuse of other comment/tip/engagement tokens as well, since many of these bad actors seem to wrangle in these tokens also. It's nothing official, it's just people keeping watch for misuse.
What is misuse?
LUV misuse - The intent is to share love with others and expect nothing in return. The intent is not to farm-mine the LUV token for one's self.
HBIT misuse - The intent is to reward one's own effort, one HBIT per person per day. The intent is not to farm-mine HBIT beyond that.
How do Inspectors inspect?
Inspectors use their tools.
Case study:
@thatgermandude recently noticed oddities in the HBIT order book and notified me. When a bad actor is suspected, checking his or her recent activities can reveal collusion with other bad actors. These "others" often turn out to be the same person hiding behind alt usernames and just posing as others. Also, checking early actions in a user's history can reveal who this user is in league with. Oftentimes, the fake username is supported by a "larger" user early on...maybe by receiving HP or Hive or HBD, or by getting upvotes or comments. So, I dug around using the tools above and the bad actor and alt-usernames were revealed. Similar to an FBI wall-chart with photos, clues, evidence, times and dates, all linked with red yarn, dots begin to connect and things tend to become clear. The bad actor and all of his many usernames were blocked.
Using these tools is like opening the window and letting the sunlight shine in to disinfect.
What happens if a user is suspected of bad action?
Note, if the abuse is egregious and obvious, I'll skip the notification and just block.
What does being blocked mean?
For LUV, this means they cannot give or receive the token. This means for Hivebits that they cannot mine HBIT or receive it if someone mined it in a reply to them.
Any LUV or HBIT already owned (or pilfered) can still be traded on the Hive-Engine exchange...any tokens owned by a user's private keys, are controlled by those keys and user. Blocked users could also still be given LUV or HBIT wallet-to-wallet (just like any other H-E token). However, they will be cut off from the LUVbot and HBITbot going forward.
How can I be an inspector?
Thank you for helping. :)
Written by @crrdlx
- Check your wallet or trade LUV at: Hive-Engine or TribalDEX or LeoDEX.
- Visit the LUVstore: LUVstore
- LUVshares Discord: https://discord.gg/K5GvNhcPqR
- LUVshares Telegram: https://t.me/luvshares
- LUVshares creator: @crrdlx