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RE: Two big issues that are plaguing Steem from an Investors POV & a proposed solution
I really like the idea but it may negatively affect voting as people could shell out “free” votes. Power up, vote ten times, power down. Sure it would cost more than it’s worth but it may mess up the algorithm.
It might be a difficult thing to plug in.
I would gladly let people make 10 votes, power down and take a 5% hit then do it again. It may rekt the algorithm but it would rekt the person doing it much quicker, and burn a lot of steem off the market. Plus if the person is found doing this, which large stake, free downvotes would quickly take care of someone doing that. But that is something I didn't think of and is something someone could do.
Its not the faucets that give crypto value its the sinks.
Having such a major sink that would burn large amounts of Steem could possibly do wonders.
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Not saying I disagree. Just saying they’d have to extensively test this one.