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RE: TIL the best strategy for reducing rewards disparity (in defense of the flag, part I)

in #til8 years ago (edited)

Also note that downvotes are not inherently stronger than upvotes. In general, it seems like the the more even the distribution of rewards is, the weaker the downvote is in relation to the upvote. DOwnvotes are stronger than upvotes on steem right now because distribution is so uneven.

This part is not correct really. Downvotes are not stronger than upvotes period. A downvote that reduces a post with a large payout seems to have a large effect, but that same vote power would have an even larger effect if applied to that post as an upvote. In reality downvotes and upvotes are just added together linearly. They have the same strength in that sense.

(Excluding the case where a downvote drives the post below zero, in which case some of the downvoting power is "wasted". Also excluding the case you mentioned where the post already has an overwheming share of the entire pool)

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If you end up reading all of the additional comments, apologies for how something I said might have come across--when I mentioned the curation rewards being drastically reduced and you told me that they weren't, well technically you were right but you didn't explain that it was the interest to SP that got cut drastically which- as I was new at the time I wouldn't have distinguished the difference. I was only making money from curation because my posts hadn't been noticed yet and my focus was on SP because that's what I was told mattered most if I was in it for the long haul, and I was watching my SP increase daily and significantly, then suddenly that stopped. I do understand the whole scope of it now.

Yes, that's what I meant earlier, but I wasn't clear enough about it. I'm glad you were able to figure it out and gain a better understanding.

Yeah, rereading it, It was kind of a thought i started on but never followed through with.... that part was on the wrong track

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