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trafalgar
@trafalgar
72
Satirical columnist and political commentator - I made multiple Tinder profiles just so I could right swipe myself. Alt account @traf for short content
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2017-03-21 03:12
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trafalgar
steem
7y
RE: EIP FAQ
tell me a little more about them, why are people selling votes if they can just farm the 90% curation posts? is it something to do with their curation curve? what other economic parameters do they have?
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trafalgar
steemit
7y
RE: 3 Month Retrospective
I definitely think Inc has improved a lot since the restructuring The vision is clearer, communication has improved and it's a lot easier for important ideas to bubble up to the surface and be accepted.
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trafalgar
steem
7y
RE: EIP FAQ
My guess is that stake weighted voting is one of the most sybil resistant methods of having a voting economy within a decentralized community where people can be anonymous. That is to say, it can't be
trafalgar
steem
7y
RE: EIP FAQ
I wasn't around for the previous 50/50 but my understanding is it was changed arbitrarily Back in Steem's infancy, we had 100% hyperinflation - total currency supply effectively increasing a million fold
trafalgar
steem
7y
RE: EIP FAQ
Yes that's definitely the idea The next HF will be hopefully around a month away, give or take a few weeks It'll be a little tight because they're squeezing in EIP along with SPS. But I really think the
trafalgar
steem
7y
RE: EIP FAQ
We can't unfortunately. We can test it insofar as to see if the code works. But we can't test behavior in response to an economic change with fake money. People have to care about the rewards for their
trafalgar
steem
7y
RE: EIP FAQ
...
trafalgar
steem
7y
RE: EIP FAQ
Authors get more in reality because most of the rewards go back into the pockets of stakeholders right now. 50% of a large pie is far better than 75% of next to nothing. I believe abusive post farms and
trafalgar
steem
7y
RE: EIP FAQ
Finally, someone who appreciates true art
trafalgar
steem
7y
RE: EIP FAQ
Can we develop front ends with unique algorithms that promote quality posts based on engagement and other meaningful yardsticks? Isn't that doable? Won't that change the face of our trending pages? The
trafalgar
steem
7y
RE: EIP FAQ
HF 20 had some hiccups at the start, but once things started rolling along it works very well We do need an RC system and in the future things can be built around it to prevent spamming, increase onboarding
trafalgar
steem
7y
RE: EIP FAQ
You can't stop bad actors if they wish to continue to behave badly even if it's less profitable than behaving honestly. But you can try to make bad behavior less profitable than honest behavior, which
trafalgar
steem
7y
RE: EIP FAQ
? You mean good actors? I believe good actors will be far more inclined to attempt to fight abuse if it's not prohibitively expensive to do so; and it's not almost guaranteed to be ineffective The EIP
trafalgar
steem
7y
RE: EIP FAQ
I can't remember, but it's somewhere in there lol Basically it's about amending the economic rules here to 50% curation, 25% free downvotes, and a convergent linear curve. This will hopefully encourage
trafalgar
steem
7y
RE: EIP FAQ
Curation slider will likely just encourage big stakers to pile onto posts that offer 100% curation (effectively self voting). It's a complicated economic subject because ultimately, a secondary market
trafalgar
steem
7y
RE: EIP FAQ
50% might be a difficult number to swallow, but the economics are entirely different from ad revenue ones people are use to Right now they're getting 75% of piss all because they're losing it all to stakers
trafalgar
steem
7y
RE: EIP FAQ
Likewise, I'll be on the hunt for pricks doing exactly what I'm doing right now, as strange as that sounds, it's perfectly logical Because under the EIP, fighting against abuse is no longer expensive and
trafalgar
steem
7y
RE: EIP FAQ
Yes, it's naive to believe we can force 100% of active stake to vote honestly irrespective of the economic rules adopted We can however, reward honest voting a lot more and dishonest voting a lot less,
trafalgar
steem
7y
RE: EIP FAQ
Thanks dan Yes, a social media platform can't function if there's no connection between people's voting behavior and their subjective opinion of the underlying content. It's hard to come up with something
trafalgar
steem
7y
RE: EIP FAQ
haha it's not meant to be scary, if it is it's due to the unavoidable consequence of accepting some trade offs. It's been a while since voting for someone else's post didn't feel like you're reaching into
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