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RE: Hardfork 20 (“Velocity”) development update

in #steem7 years ago

I disagree. The window allows more fair play. I could make a bot that votes all posts of successful authors in the first second. Or i could build a bot that makes a tradeoff between voting early or late and the incentive is already not there anymore.

And the self vote change means that the author can't take curation rewards into his own pocket, a change that will hurt mostly whales. And honestly, you should never expect to get that 25% curation as an author in the first place.

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I could make a bot that votes all posts of successful authors in the first second

You can't because there are more than 10 successful authors posting daily, and besides you will be competing with other bots for a share (likely small) of those authors if you're all voting on the same ones. It rapidly becomes diminshishing returns and a waste of your vote power.

Or i could build a bot that makes a tradeoff between voting early or late

That's exactly what happens now under the 30 minute (or 15 minute rule). Bots are able to time things exactly and make calculated vote timing, while humans are disadvantaged unless they stare at a clock and act like a bot.

What I wanted to say was: The issue shifts from speed (be the first) to math (have the best formula) and for me personally, making a fast bot is easy, deriving a formula is not that easy.

Sure it still is gameable, but not as much. I agree wtih you that the window is not great, but unless we have a better alternative, is it better than no window in my opinion.

Currently Steemvoter is way out with its auto-votes due to congestion and 'peak times'.

I can see this becoming worse(better) with this change and throwing the advantage back to the human who is willing to sit and wait for 15 minutes to tick over.

Mass bots like steemvoter will always be behind the fast self coded ones. So you will have a few with fast bots frontrunning steemvoter.

Thanks for the clarification here. This may be of interest to whales who source their main income from curation.