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RE: Towards a reputation system suitable for SteemSTEM
It does not change much for the historical author now, but what about after we've been running for 5 years?
I can't think of a better normalizing function to apply in place of the sqrt, given the nature of people and high volume posting. It does a good job of squashing that while bringing up the people who post few posts. Other functions would perhaps open up the middle more, but I don't see how it would help old posters.
Just to come back to this: I am planning to implement a time dependent half-life. In practice, at the time of a vote at x%, x/i% of the value lost by a point is recovered with i being a parameter to fix. I will try that later this month.
Curious to see how this changes the rank ordering.