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RE: Hey Steemit Whales, How'd You Like To Fix All Of Steemit's Problems And Make Bank By Doing Absolutely Nothing?

in #steemit7 years ago

Hmmm... What if we could demotivate whales to behave badly from technical side?

Just quick brainstorm ideas

  • 1-2 full upvotes per day. Less junk content from whales.
  • More complicated voting power reduction. E.g. it reduces more quickly if you upvote one single account over and over again. If you full upvote joe and alice you are at 96% VP, but of you upvote joe 2 times then at 94% VP.
  • Slightly non-linear reward curve. Like x^(1-small growing function from SP) and the same for number of upvotes. So whale can't vote for himself with full power and also can't divide his power among many accounts BUT can divide his vote among many minnows.

Just an analyst in thread )

P.S. Dolphin self-upvote for visibility.

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What is we waste time thinking of a solution that none of us can implement because it relies on the developers of this platform?

Yeah, how about no. Do you think I made this post just to give my fingers a workout?

This place is not going to change unless we are able to better utilize the SP in whale accounts that is sitting and doing nothing, or just printing money for a few select users. Ned is not going to change anything. No dev is going to release an update that is going to all of a sudden make everything better.

I'm sick of seeing suggestions like this. Just a bunch of hot air that can never be executed. My ideas can be implemented by people who are not employed by Steemit Inc.

Forget about technical changes.

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Just a bunch of hot air that can never be executed.

Therefore it's imo best to analyse the situation,

  • implement the changes in a new codebase.
    (no Hard Fork unfortunately, because then the 'abusive people' still get to take their massive amount of SP with them. )
  • get a pool of trustworthy witnesses/users
  • start a new blockchain from the ground up.

Great. You’re hired. Let me know when it’s done. We’ll call it YallaPapiIt

So I've permission to use your name then?
Be careful what you wish for.

You have permission to use my name for my platform that you are designing for me. Yes.

Okay, we just need to organize top influencers on the platform who don't want to be organized to solve just any problem in the place. That's more feasible than you know... write a pull request on GitHub.

Write a pull request that needs to travel up the food chain and be approved. I would say it is more feasible to do it my way. Cloning the source and making a new coin would even be more feasible.

I formulated some similar ideas to make self-voting, circle-voting and spamming less attractive by ...

  • ... thinking about a reward curve which started as n^2 / exponential (thus flat), and then later changed into linear which would work against self-voting as well as excessive rewards.
    @clayop had a similar idea.
  • ... implementing diminishing returns when upvoting the same accounts (including own ones) again and again.
  • ... reintroducing the restriction to four (or less) full paid posts per day (from some hard forks ago) which was very reasonable.

When I wrote these articles some time ago I really had hoped that more witnesses would have joined the discussion!

Thanks - you made a great overview of the problem startin from year ago.

I did not what does it mean until i saw your reply as i am new on steemit :) thanks.

SOLID idea when it comes to if you vote the same account again and again your voting power drops more quickly

I like the idea of limiting votes, but perhaps spreading the weight between votes could be better.

1 vote = 100% weight, 2 votes = 50% each, 3 votes 33.334% each, etc.

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