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RE: An Opponent of the Exponent: Making the Case for Vshare Linearity
I thought that if a person had one account with 200 voting power, it would count for 4 times the effect of what would be the case if they controlled 2 accounts each with 100 voting power.
We give the witnesses the power to change things like the SBD interest rate and whether or not to hard fork; why not let them decide on the exponent of voting power, bounded in a range of 1 to 2? 2 would be no change from the current system. 1 would be linear. Let's go this way and see what happens.
one account with 200 voting power would have 4x the power of 1 account with 100 voting power. But the two accounts with 100 voting power, even though they are only 1/4 as strong as the 200 voting power account alone, when they combine their vote, they are just as strong as he is.
Now, if the 200VP guy used his account like 2 100VP accounts, he would lose out. FOr example, if he cast 50% votes on twice as many things. And if the 2 100VP guys vote for different things, then their strength is only half as much as the 200VP guy.
If that makes sense
It does make sense, thanks! I do have to think more about your first paragraph though. I see how 2 100 votes adds up to 200 when they combine vote, but each is still multiplied by the exponent separately. 100^2 + 100^2 != 200^2 So I still think, at the moment, that exponential voting prevents sybil activity, but I could be wrong! :-)
(100 + 100)^2.
So lets say your first 100 voting power guy upvotes a post (lets assume hes the first one). The post will now have 100 voting power voting for it and get 100^2 in rewards.
Now lets say the second guy comes along and also votes for the post. Now, the post will have 200 voting power voting for it, and get 200^2 rewards.
So if the first 100 voting power vote gives him $1 in rewards, the second will give him an additional $3 (for a total of $4) and the third, if there is one will give him an additional $5 (for a total of $9)
But if these three guys all voted on seperate posts alone, they would only be assigning $3