I think your comment speaks to a more underlying problem with this blockchain, if scalability/costs is affected by mechanisms allowed by the protocol.
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I think your comment speaks to a more underlying problem with this blockchain, if scalability/costs is affected by mechanisms allowed by the protocol.
That argument has been used before. There is a significant difference in value and network effect of 200 real people using the network vs one person controlling 200 accounts. In theory, the value of the token will increase with the number of real users. So in theory it's more worthwhile and economically feasible to run a Steem node to support those real users, because they return value. Whereas the sybil accounts are mostly drag.
I don't know the particulars of this "votingchain" or how that person or persons use it - but who's to say it isn't 200 real accounts that have "banded" together to help one another out..?
Seems like ALOT of work for not much profit, to spend that much time setting up fake accounts? (Keep in mind I don't know if this is the case, just posing a theoretical here, as I'm new to this chain and not fully up to speed on its protocol) - what's worse in your opinion; selling your SP for gains, indiscriminate of content vs. people gathering their SP in unison?
It's not alot of work to set up a bot and voting trail. Last year one group of accounts was doing this for $1k a day with about 20,000 accounts. There are hundreds of such operations ranging from 50 accounts to over 25,000 accounts.
The money is from the faucet and is therefore taking accounts away from 'real' users.
If @alliesin wants to buy 3,000SP and delegate it to their 200 accounts to run a service or trail that is acceptable if still frowned upon since it creates vote spam.
Thanks for the info - I just remember it took me forever to get verified myself - like 2-3 weeks, but that might just have been me, I assumed that would be for everyone, and that it was because they really wanted to verify that I WAS indeed a real person...
But to finish the thought (again, not trying to instigate, just learn) does that necessarily mean that it isn't 200 real people who found each other for this purpose somehow, can you tell if its actual people vs. fake accounts, and if so, how?
I don't see how a vote-chain is frowned upon, but people selling their votes to anyone that will pay isn't... Isn't that like saying; "I'll shill your post, no matter the content - but it's not ok that you do this yourself"
P.S. Genuine question - not instigation or anything, just thinking out loud...
There are a lot of vote chains .Though if someone has 100+ accounts most of us would appreciate it if they consolidated into one account to avoid adding unnecessary bloat to the blockchain.
I have small vote chains myself consisting of two to 4 accounts. These accounts don't always vote or flag the same posts and they are different project and personal accounts. They are also accounts that were created or bought and have been powered up with their own SP.
The signup process is still a bit flawed. There are large groups of sequential accounts that have made it through recently. It shouldn't take someone 2-3 weeks to get a free account when we have this many being created by single individuals. There's been ongoing discussions on how to solve this but no solutions as of yet.
There are quite a few groups I'm watching that may or may not be owned by one individual. I don't add them to @mack-bot until I'm sure they are. That doesn't mean I'm not human and don't make mistakes, I try to keep those at a minimum. I added the group above to mack-bot yesterday and the reason I found this discussion is because I check every account manually. You're account fit the pattern I look for.
There are a number of accounts that have 200 or more real people that vote for them. Especially some of the minnow groups. There are a lot of discord communities from around the world that are there to help and support new members.
Thanks - this is really helpful. :)
I see what you mean...
But @pfunk seems to see it as frowned upon... and I understood the comment as "I will downvote your articles, if you stay in the votechain" - but that might be me mis-reading the comment?
@pfunk - what did you mean by "these rewards will be nullified either way"?