RE: Scalability, Content Quality and Centralization - An open discussion on an incentivized downvote system
@owdy giving curation rewards for guessing the fair value seems interesting. In away it would be like a prediction market :) I dont see whales votes as a problem as @smooth sees it. Because currently whale votes help to find out what the vision of steem is.
To balance voting itself more even and be more welcome to newcomers I would suggest to give some kind of universal dividend to all people that fully verified their account.
I also like @williambanks idea of having different vote options.
I would suggest to allow 3 different kind of votes:
- If you press the first time up-vote you only rank the post higher, no extra payout.
- If you press the second time up-vote your vote is also considered for the payout.
- If you press the third time up-vote you indicate that this post is very very important for you.
Important posts could be valued higher lets say 10x your voting power, but should be more limited then normal up-votes, lets say max 30 in the last 30 days.
the same could be done for downvotes.
To the visibility / trending problem, why not use some kind of lottery:
Currently posts are not only rewarded exponentially, but also they get a lot more votes if they become visible on the trending page. Why not draw the posts which are displayed on the main site as default in a lottery like style. Every time you reload the page the displayed posts on the top site could be drawn through a lottery. The more votes they have already the higher the chance to be selected. This would give all participants a fair chance to be listed at the top and therefore attract more votes.
(or in your proposals case downvotes :))
If you want more details about these suggestions, in this post I looked deeper into the topic how we could evolve the voting / payouts, feel welcome to share your thoughts and link similar ideas:
https://steemit.com/steemit/@arcurus/tagging-and-flagging-hidden-by-a-whale-how-to-evolve-further
Exactly!
Yep! There's definitely something that could be done with voting weight. It's already there in the background on Steem, just not on Steemit, so integrating that shouldn't be too difficult.
I agree about your second point, but I don't see it as a real solution to the problem as Steemit scales up. The number of spots on trending is just too limited for that implementation to have a large impact. Even right now, we're talking about 4000 posts/day, there's just no way a lottery system can cycle through enough of those to make a major difference. - What do you think?
a the lottery system from trending topics can scale up perfectly, because the articles are chosen for every user each time he reloads the site. So it can even scale with billions of users and articles :)
@arcurus You're right! I misunderstood the concept, if it's done on an individual basis it could certainly work. I like the idea and, right now, I can't really think of a better way to easily address visibility issues.