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smooth
@smooth
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2016-03-25 13:36
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smooth
steem
7y
RE: Downvote Pool Deep Dive
An issue with a tip button is needing the active key (to which the social portion of the application does not have access, and encouraging people to grant access frequently is not a good idea) in order
$ 0.207
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smooth
steem
7y
RE: Downvote Pool Deep Dive
No company is going to be looking to spend a million dollars for 300k users This is completely wrong. Customer acquisition costs are nearly always more than a few dollars, sometimes thousands of dollars
$ 0.058
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4
smooth
steem
7y
RE: Downvote Pool Deep Dive
If, hypothetically, every single user used all of their downvotes there would be tens or hundreds of thousands of downvotes per day. The drama will fade away into the ether because let's face it, you can't
smooth
steem
7y
RE: Downvote Pool Deep Dive
So.. A whale could use their 'bonus' downvote power to downvote No, a mechanism (a generous description since it is more of a half-baked concept than a true mechanism) as I describe would be a replacement
smooth
steem
7y
RE: Downvote Pool Deep Dive
When I have considered rewarding downvotes in the past, my idea was to reward any vote which moves the payout toward its eventual result, but not those which move it away. So for example, if there is an
smooth
steem
7y
RE: Downvote Pool Deep Dive
Since you brought up changing your vote perhaps you can look into how that works. As I understand it (but I could be wrong and have not searched into the code), changing a vote from 20% to 21% takes mana
smooth
steem
7y
RE: Downvote Pool Deep Dive
Communities are not even a blockchain feature. They are planned to be implemented in hivemind as far as I know, which is a layer on top of the blockchain. SMTs development isn't finished and I don't know
smooth
burnpost
7y
RE: The return of @burnpost
Thank you
smooth
steem
7y
RE: Downvote Pool Deep Dive
If only a tiny minority want it then witnesses won't upgrade (and those who do will likely get voted out) and it won't go live. There has already been some informal consultation (and both recently and
smooth
steem
7y
RE: Downvote Pool Deep Dive
It's not unlimited. There is a separate (and smaller) supply of downvote mana that limits it.
smooth
burnpost
7y
RE: The return of @burnpost
Nobody told me. I'll remove it now.
smooth
dpoll
7y
RE: As a top steem witness, will you support a hardfork implementing the “Economic Improvement Proposal” or “EIP.”
I'm leaning in favor of the package. I'm not going to 100% commit to anything until there is specific code and I'm deciding whether to run it.
smooth
dpoll
7y
RE: As a top steem witness, will you support a hardfork implementing the “Economic Improvement Proposal” or “EIP.”
Automated votes before 15 minutes are perfectly fine. It benefits everyone else because it puts a share of curation reward back into the pool. The idea is that if it is so obvious that content is worth
smooth
dpoll
7y
RE: As a top steem witness, will you support a hardfork implementing the “Economic Improvement Proposal” or “EIP.”
In this case, there is more to combining the items than just reducing hardforks. They directly interact. For example, reducing the cost of downvotes makes it more likely those seeking to avoid downvotes
smooth
steem
7y
RE: Reward Curve Deep Dive
Maybe I misunderstood but when you said 'the steem account' I assumed you meant @steem which is owned by Steemit. If the critical functions of the blockchain are depending on one company (which also happens
smooth
steem
7y
RE: Reward Curve Deep Dive
No, and if you do that you are making Steem into an illegal security, even more than it already is (essential functions and therefore investment returns depend on the efforts of a central party). The right
smooth
steem
7y
RE: Steem 2020 - Reducing Inflation To Less Than 2% APR
I don't think anyone really knows for sure what investors value and what would cause investors to "lose interest too". However, we can say with reasonable confidence that what we are doing now
smooth
steem
7y
RE: Steem 2020 - Reducing Inflation To Less Than 2% APR
My idea of how disabling rewards in STEEM would work if it is to be done at all would be to create a STEEMIT SMT (or it could be called something else if Steemit doesn't like the idea) and air drop it
smooth
steem
7y
RE: Improving the Economics of Steem: A Community Proposal
abit and smooth were incurring some of the costs of making it work better than it otherwise would have That was only for a relatively short time in order to demonstrate some of the negative effects of
smooth
steem
7y
RE: Reward Curve Deep Dive
Self-vote is neither good nor bad. It depends on the content and context. For example, if I post something really value-adding and want to jump start the voting with a self-vote, there is nothing wrong
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