smooth's comments - older posts | Ecency

DiscoverWavesCommunities

smooth

@smooth

73

Resource Credits

Available

Used

Created

2016-03-25 13:36

RSS Feed

Comments

Blog Posts Comments Communities Wallet

smooth

7y

RE: Downvote pool

I understand all the technical aspects, but there are other solutions to fix them In fact there are not. Saying it or wishing it does not make it so. We need to direct our efforts toward minimizing the

$ 0.000

0

smooth

7y

RE: Downvote Pool Deep Dive

Witnesses have nothing to do with that list. It is a front end feature; witnesses handle the blockchain itself (could be called the back end, in very imprecise terms).

$ 0.000

1

smooth

7y

RE: Downvote Pool Deep Dive

What makes more sense than changing the home page to promoted (few people want to see only ads) is to include a few of the promoted posts on the trending page like pretty much every other major internet

smooth

7y

RE: Downvote Pool Deep Dive

We'll have to agree to disagree.

smooth

7y

RE: Downvote Pool Deep Dive

Limiting rewards to some multiple of the median payout (Huey Long algorithm) will eliminate profiteering No it won't. It will induce spamming and more low value posting in order to generate the maximum

smooth

7y

RE: Downvote Pool Deep Dive

I mostly agree, but I would say it is additive. You have the risk of retaliation and also the cost. Reducing the cost helps somewhat, but it doesn't go all the way, and indeed may not work.

smooth

7y

RE: Downvote Pool Deep Dive

As I have stated elsewhere I am not opposed to eliminating the reward pool (perhaps in connection with SMTs which can decide whether they want to use voted rewarding as part of their distribution mechanism,

smooth

7y

RE: Downvote Pool Deep Dive

Maybe when we have SMTs we can look into it. I'm not opposed to removing the Steem reward pool in favor of lower inflation if and when SMTs are able to serve the function. Alternately we can offer different

smooth

7y

RE: Downvote Pool Deep Dive

The goal is to address the failures of the reward pool to serve its intended function, which is to attract and reward those who add value to Steem, and to also serve as a content discovery mechanism which

smooth

7y

RE: Downvote Pool Deep Dive

It will be at least months before SMTs are ready (I don't know the schedule for communities) and even then will likely be additional months or years if ever before any SMT becomes large and valuable enough

smooth

7y

RE: Downvote Pool Deep Dive

we can't 'know' for certain how it would go unless it is first tested We agree on this I think we both have a pretty good guess as to what is most likely to happen with free downvotes... and that is them

smooth

7y

RE: Downvote pool

In my world, i prefear posts with photos AS thats my intrest, soo i then should go down vote allllll posts that dont have pictures? AS this is MY set of value Yes, you are entitled to do that. (And FWIW

smooth

7y

RE: Downvote pool

where there's money involved it tends to get personal Yes but on the other side of the coin, where money is involved there is a lot more profit motivate toward milking rewards, which makes downvotes even

smooth

7y

RE: Downvote Pool Deep Dive

Who, I'm sure, will be looking out for the little guy all the way. I'm about as cynical about this as you are generally speaking, however, in the short term there is a synergy. Most of the big guys do

smooth

7y

RE: Downvote Pool Deep Dive

That's a choice the apps make about how to structure their model. They do have the same access to the reward pool as steemit.com, they just choose not to make use of that. Anyway, if you mean that these

smooth

7y

RE: Downvote Pool Deep Dive

It only makes sense if the added costs of a blockchain are valuable to the business model. Otherwise it doesn't. Changing the parameters on account creation does not change this, the costs are still there.

smooth

7y

RE: Downvote Pool Deep Dive

Yeah you misunderstood. The 'pool' he is talking about is a personal pool of downvoting power. Nothing will change about the effect of downvotes on rewards.

smooth

7y

RE: Downvote Pool Deep Dive

The only effective measure against self-voting is downvoting. If you are right that 90% of steemit self-voting then it is strong evidence that this proposal is needed.

smooth

7y

RE: Downvote Pool Deep Dive

Nothing has been 'proven' because what happens under one set of economic rules and balances are very different from another. It could very easily work out exactly the opposite of what you are claiming

smooth

7y

RE: Downvote Pool Deep Dive

What privilege? All apps use the same reward pool.

← Latest Older →