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RE: Steemhunt Initiates Account Based Voting Ranking System
But you don't get it do you? What I said in this video was that people will find other ways to do the same thing. Everyone already has "The same chance".
Yes it's a witch hunt when people that stalk and try to find some cheater get the most amount of Tokens. It clearly shows that the focus isn't on growth but on spending time on chasing down people making a dollar here and there. It implies a person think humans are evil and scammy.
Things are a constant development. We may get more than you think.
Developing a fair system in which everyone has similar chances and which promotes fairness doth not equate to witch hunt. Only when people want to see a witch hunt in that, but that’s a choice.
The concept behind finding those who game the rankings is fairness, not witch hunt. It’s about minimizing gamification which could impact on rewards. If you think that is a witch hunt, that’s your choice. And it’s Steemhunt’s choice if Steemhunt decides that it wants to try to minimize gamification in order to give everyone an as fair as possible chance.
Steemhunt does further allow everything though, just not for its own rankings. IMHO that seems very fair. You can still maximize on Steem(it). But the Steemhunt platform applies different scoring because every day a reverse exponential reward is applied for those who end up in the rankings. And tbh, I don’t see why that needs be called a witch hunt. Only those who actually look at gaming and milking will see it as such, but that is thus also influenced by their own focus. Which not everyone needs agreeing with.
Lastly, a fair system will allow much more growth than a system which is locked out by the few. But that may be too big a picture.
But worry not... I do get it. I just don’t agree with it, simple as that.
Thanks for a great comment.
The biggest major key is that self-vote on your own quality hunts should be counted. If I leave a 300 word original hunt post and have a reputation 60+ and I can't even give it a 3.0 boost in this new system then that is ridiculous. That punish hard working Steemians that has spent months build up a reputation by posting quality content. Why would a Steemit influencer with high rep then care to advertise Steemhunt if the influencer is being ranked same as a brand new user? You want to leverage your time and energy you spent in something. Capital needs to flow to make people stay and be loyal and have time to invest in something.
If you can't do that then the system doesn't reward Steemians that has worked hard to build up an account but wants to force them to restart brand new on a platform. Clearly quality hunts are more value than someone that passively delegates to Steemhunt. Or someone that tries to find a group that earn some real money on Steemhunt. Let's be real majority of humans aren't scammers and trying to cheat the system. It's always a small minority that do something crazy. So the majority shouldn't be punished as this system does. You should be able to put your reputation and stake it in a self vote. This is win-win. Since the one creating hunts is an active engaged user and that should be rewarded more. Especially someone that has built up their Steemit account.
Even the idea of milking implies that a person thinks people start off from an evil agenda. It's baseline is people can't be trusted, people are scammy, we need to find the scammy ones and focus all our energy on them. This will only make that group grow bigger. Focus should be on people do amazing work and build up role models. Someone with a self vote that is built on trust on all sides. That people can be trusted. And that some has built up a high reputation and wouldn't wanna ruin that.
I am personally not convinced that there is an obligation for any system to say that “I did a great job, now I’m going to reward myself for that” and that every system should agree with that.
In real life, in more situations than not, that is usually not possible.
It is also important to consider that most developments happen from an angle of SMT, as such Steemhunt is developing a platform which uses the Steem reward system as the basis, but does not depend on how Steem BC itself calculates the rewards. With SMTs every platform will have the opportunity to develop its own algo.
Steemhunt is the first platform to release such a system, already before SMTs.
As such you have to think of Steemhunt as a platform living in an own silo on the Steem blockchain. In a near future, Steemhunt will even have its own reputation system, a reputation system which will take in account only what was done through the Steemhunt website.
Now I do understand where you come from, but the idea behind all we release is already own platform on top of the Steem BC. Once HF20, with flawless signups, many people will live only in their SMT and never see Steemit. As such they will in this case be first hunters, and only then Steemians.
Addendum: also keep in mind that is has become relatively easy for people to actually buy reputation on Steem. But remember that your own selfvote still pays out via Steem rewards. But it’s does not count for the daily Steemhunt rankings.
Again thanks for a good comment.
But this photo shows how flawed this is. A person with 3 Steem Power influenced my contribution he bumped up the score 50%! But me with 5500 Steem Power has no power? Okay what is in my mind then? How can I game the system. Since this is not fair. Why can a random probably troll account bump up my score 50%? This creates more scammy shady stuff for sure.
Someone that holds 0.0 VESTS has more power than my millions of VESTS. Fair? Sure. And oh yes I have people that have me on autovote since they know I produce quality content. Is that being rewarded in new Steemhunt? Nope! All my original real people on Steemit that autovote me works 100 times harder but they do not get into the Steemhunt ranks. Only new troll accounts with low rep and close to 0 investment in Steem.
That’s not a flaw. That’s by design.
I know that may seem harsh but it is to create a more level, independent from SP, Steemhunt platform.
The matrix may be tweaked at any point tho. For now it is an initial release. As this post also said, more elements will be added. If we notice that for example account farms will start to game, changes will happen.
But SP is not a factor anymore in the calculation. Not beyond in how far your SP may influence how high your upvote % is. But long term the thinking there is that hunters and Steemhunt curators are first Steemhunt users rather than think SP.
The positive in that is that those who have a large stake (HUNT token stake in the future) and also HUNT CURATION SCORE (HCS) and who understand the Steemhunt will still give a 100% upvote.
But we will analyse what happens and the matrix may be corrected at any time we think we need to tweak it. Maybe with more levels, maybe with more 1/n in the multiplicator. That is still to be decided.
Currently Steemhunt tries to create a more level Steemhunt platform, rather independent (but not fully yet) from Steem(it)/busy/etc.
Summarized: think Steemhunt, not Steem. Once won reputation system released the Steemhunt ranking is independent of SP/Steem rep. Independent except that high SP may mean lower upvote for some Steemians.
Thanks,
Sure I understand. But this also force users to try to find circle jerk friends. And I don't really see the incentive why anyone would upvote anyone outside their friendzone now. Since now it will be all about make your own Steemhunt post. And find as many 60 rep people as possible and just focus on your own group. There will no longer be any random cool upvotes you will get. Why would anyone do that? The post will not really get boosted that much. You need many insider friends now!
Since there will be no incentive to do random acts of kindness to cool products. Since it now all just relies on the big vote from Steemhunt. What will happen is now people really will create groups of 10 people and they all will go and upvote eachothers posts only. Since the reward in monetary reward will only be worth it from the big upvote from Steemhunt. This will make all profits rely on Steemhunt instead of it coming from the community.
Circle jerks will be handicapped by the future diversity matrix. ;)
The reason why the release of ABV was suddenly prioritized was to prevent the impact of trails and also to avoid some people locking out the top spot each day. As such it was not a fair system to base the Steemhunt ranking upvote on highest Steem reward. And mid- to long-term that would have stunted growth. Imagine 5 whales locking out top 10 daily.
This is an initial release. Work to create a more organic and fair upvoting behavior is an ongoing process. :)
But that also creates another problem.
So you can't have your friends upvote your post? That will become a massive cat and mouse game. And it will annoy people a lot. Is it really that bad if someone is number 1 a lot? Do like dtube and lower the rewards then for that specific account so you can't abuse it. Not punish but slightly decrease it for highly successful users.
Also with this voting system a person can lower his voting power to 1% and spend no money and give out 100% 3.0 rewards I think the way I see it work.
People want attention in this attention economy. And they want to buy for it so self boost something will grow more. WildSpark from Synereo offers you to boost content. A 100% organic ranking system is very idealistic and perhaps it will work in the future. But currently you need the investors and influencers. The big names that hold lots of Steem Power. You can boost your content on YouTube, Instagram, Twitter and Facebook. But not on Steemhunt? It's going against what the market wants to do.
It needs to be combined with the rep of an account. Steem Power needs to have power in the rankings. To completely try to cut it off before SMTs and the Hunt tokens are able to be cashed out is going to be like cut off blood in a human body. At the same time as lazy passive Steemit investors delegate their Steem Power and is being rewarded with Hunt Tokens. That will say Steemhunt loves their Steem Power but no other user is allowed to use it in rankings.