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RE: An Opponent of the Exponent: Making the Case for Vshare Linearity
I strongly agree with your idea and this will resolve many problems. Superlinear system may prevent self-voting but it can be more vulnerable if voting power is very concentrated or big voters collude. In addition, superlinear system is not socially justifed.
With linear system, self-voting maybe an issue, but it is easily detected (over ten self-votes per day maybe needed to fully monetize accounts voting power) and it is no more than utilizing ones legitimate share.
I am both for removing curation reward and taking n system, but I think linearity should come first and if bots are still the problem then we can consider to remove curation reward.
Thanks for the good post.
I don't think removing curation rewards is necessarily a bad idea per se, but i agree with you that something like this should be tried first. Inasmuch as one can say that curation rewards are broken, this could go a long way to fixing them. I mean there should at least be an attempt to preserve them in some useful form
Agreed. At least the complex curation game system, such as 30 minutes window and front-running , should be simplified. I'd rather fix reputation (or engagement) system as I suggested than merely removing curation reward. But I think up to 25% of curation reward is quite high compared to efforts for creating contents. Maybe fixed value of around 5% enough?
im not sure the reputation system has ever been salvagable. It was a disaster from the moment it was introduced and it has gotten worse. People with currently high reps aren't going to like it, but my answer is shoot it in the head and start fresh with something rational.
5% is too low, IMO. One of the things you have to remember is that the reward is split between many. So on a post that makes 50 bucks with 100 voters, that's going to be like $2.50 split 100 ways. personally, i don't think cutting it in half and removing the reverse auction is a terrible idea. My understanding is that the initial adoption of the reverse auction was somewhat controversial.
The reverse options encourages people to use bots because it is very hard to catch 30 min time window for 24/7.
I think smooth's idea about making them less front-loaded would solve a lot of that.