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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 #steemit6 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.

@yallapai

OR

We set Reward limits and Posts limit. I guess if we keep max 250$ per post and max 2 posts a day, that comes to 500$ per day means 15000$ per month, thats if they make the full amount. Which is morethan enough for any one to live life in any part of the world. and obviously you can invest in steem/SBD or other cryptos. This will also limit the greed...

Also a minimum reward like 50 cents to 1$ (more or less i leave to experts) for every post with a minimum content (bots can handle this im sure) will give a boost to minnows, and will also lead to genuine wealth distribution.

Flagging should be removed, and i have seen and experienced personal grudges being removed by the whales who rarely posts due their high deligated power, and just flags the posts of members they dont like for whatever reason.

wdt.gif

How about impose arbitrary limits on earnings that can be easily circumvented by anyone with half a brain

You're thinking from the wrong direction. Don't look to restrict the system.

Try and figure out a way to use the system that is currently in place to your personal benefit, while also benefiting many other people at the same time. Financial benefit, not stupid good feelings or "good of the community" fake benefits.

You got a 23.36% upvote from @emperorofnaps courtesy of @yallapapi!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

  1. Limiting rewards per account won't help as one can crate the whole lot of accounts and distribute SP among them.
  2. You'll get what you pay for. If you pay half a dollar for low-effort monnow post you will get tons and tons of low posts.
  3. I believe flagging is an essential part of the platform.

Limiting vest per post would lower rewards per post and would make creating multiple account moot.

Answers:

  1. True, cant we create bots that can track them? like how some tracked some accounts recently?
  2. They will still not reach the trending page as no one would vote for it. However 50cents was just an eg. we can set a limit to 1cent, 10cent etc.
  3. Some whales are taking advantage of it flagging people they hate, removing personal grudges. Or maybe we can set limits of flagging too, so nobody can flag to 0, as you know some have a powerful SP
  1. Okay, you track them. Then what? We could easily track haejin posting random crap and vote it to the skies - how it helps us?
  2. You propose inflation and reward pool redistribution to minnows for ANY post that gets into blockchain. Actually need to think about it. It could be a nice idea.
  3. We could introduce flags that deplete upvote by a proportion like voting power. Voting power never reach zero, so would do sbd worth of ups.

Sounds good to me... But problem is these need to get discussed in steemfests and meetups, then partying or ass kissing.. Steemfests seems like "Bilderberg" to me..

That's probably true.

Bildelberg. LoL

Flagging needs to be encouraged not removed. There has to be a way of dusting the spammers

What about whales removing personal grudges on good content if someone tells them that they have posted shit, i have seen that happening. They go to their page, and start flagging their posts, which are not bad content at all.

Present rules give them such power so they use it.

That needs to be changed..

If there was a limit on how much vest a whale can use to uvpote/downvote then the karma could get rebalanced by upvoters.
https://steemit.com/steem/@snowflake/history-is-a-great-teacher

What about limiting how many times per week/month 1 users votes count towards another?

For example, if I upvote your comment or post today then upvote your comment or post tomorrow, the vote tomorrow doesn't count. This could help prevent bots from voting for the same user over and over again.

Of course it does have the problem of "just make more accounts." Perhaps it could be IP based as well? It wouldn't completely solve the problem but it could help mitigate it.

IP based voting maybe could work on a Steemit.com or a busy.org level. But not on the blockchain.

Anyone could fork the steemit sourcecode from github, and run his or hers own server.

That wouldn't be overly difficult for the people who are currently gaming the system.

That makes sense. Thank you for the expansion.

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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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