Thanks to you @kevinwong and @trafalgar! I'm also convinced that linear rewards are fundamentally flawed. I plan on doing something about it and seeing your contribution really helped me go forward with my idea.
I'm in favor of n^2 solely but I would support 50% curation if it could get us away from linear reward.
Less than n^2, let's say n^1.5 is impractical according to @vandeberg
can you elaborate on the ^1.5?
If you're talking about difficulties in implementation, I've heard from a very good source there are ways that you can code it efficiently like using the Taylor series
Also, we don't NEED n^1.5 or 1.3 or whatever, we just need something that crudely approximates it. So instead of a nice smooth upwards curve, picture 5 straight lines joined end to end with gradually increasing gradients. That's all we need in practice, it shouldn't be hard to implement.
If it's implementable then I might support it over n^2 and I would definitely support it over the linear system that we currently have.
I mentioned it already, but I would prefer a 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.
similar idea.@clayop had a
Other ideas are:
... 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.
... considering to let ones UserAuthority score (from @scipio) have an impact on the rewards of ones posts.
Sigmoid reward curve, your idea/curve and @clayop's idea/curve are all valuable. I'm not sure they would be better than n^2. They would have to be weighed against each other. I don't know how this could be done. One thing I'm sure is that if they could be implemented they would be better than linear.
I'll try to come up with some objective way to compare any curve. This seems quite daunting.
I'm against the propositions below.
I think their advantage would be to prevent posts with rewards of much more than 1000 dollar (increasing the already huge difference between 'rich' and 'poor' on this platform).
Why? :) (If I knew why I could better try to convince you. :)
People creating a lot of consensuses (valuable content) shouldn't be penalized by Steem's rules, on the contrary.
UA isn't as efficient as superlinear reward to prevent abuse.
When implemented, 'diminishing returns' would still allow you to upvote anybody as often as you like.
However, if you would upvote anybody (let's say yourself) very often within a short time span
Anyway, already now voting power is decreasing with every upvote - with 'diminishing returns' it would just happen somewhat faster for upvotes on accounts we upvoted already several times (within a short time span)., every following upvote would just be somewhat weaker than the previous ones (if for example @haejin upvoted himself ten times per day(!), then the last upvotes would be comparable weak).
You wouldn't notice any difference if you upvoted someone once every day ...
Actually I think "superlinear reward" favours self-vote abuse.
UA can be combined with every kind of reward curve anyway.
One could consider for example a formula like this one:
vote_worth = UA(voter) / UA(average) • SP • vote_strength
Anyway: thanks much for your thoughts and opinions (there need not always be a complete consensus).
Were social interactions unimportant this would be practical, but the value of upvotes isn't only drawn by content quality. Society is based on relationships, and upvotes reflect social values other than content quality.
How does this rein in socks? Actual conspiratorial malfeasance will route around such restrictions handily, IMHO.
Improved rep (UA, for example) is absolutely necessary. I expect that in time rep will be more important than stake, as the value of money decreases due to the paradigm shift in industry ongoing as individual ability to produce goods and services continues to decouple from capital.
The real power of social media rewards to change the world is due to that continuing deflation of economic factors, and the increasing import of other societal metrics.
Thanks!
I also have friends here on Steemit, and of course I am interacting with them and upvoting them. However, there isn't anybody I am upvoting ten times a day, there isn't even anybody I am upvoting five times a day. That's just not necessary to value their content (actually none of them is writing so many articles per day).
Nevertheless there are users who are upvoting own content (or the content of their sockpuppet accounts or their circle-voting friends) ten times per day. Only they would be impacted by a reasonable implementation of diminishing returns.
Folks I follow, @everittdmickey comes to mind, that do publish multiple posts per day, might receive multiple votes from me in one day. I often don't upvote all their posts (I do not autovote, and read most posts I upvote), but folks using autovoters might. @everittdmickey doesn't follow me, so this isn't an example of circle-jerking, just that I find good science and points in enough of his posts that I do upvote more than one a day sometimes.
Then maybe we just evaluate things somewhat different (that's no problem of course). I see no problem to upvote even best friends only two or three times per day, and spread ones remaining votes for example to some newbies who really need attention and motivation ... even with diminishing returns you still could upvote everybody as often as you like, it's just that every upvote would be significantly weaker than the previous one.
Yeah, nothing can be worse than the current one.
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That is very comforting to hear.
I've been publically opposed to linear reward at least since November 2017.
Any idea when this feature gets unbroken?
Takes a lot of repeated arguments.. lol. Hopefully something comes out of everyone's headache. Thanks for sticking to the cause.
I do agree with the way @exyle is looking at this. Until SMTs are launched, it's pretty much up to anybody how you want to mine you STEEM. You just want to collect as much STEEM as you can. Then, SMTs will allow for different projects and models to be tried and "a thousand flowers can bloom". STEEM (power) will then just serve as the resources you need to power your (d)app on the Steem blockchain.
I agree with @exyle that the path where the Steem blockchain is going is pretty clear now, taking in account that SMTs will be successful.
Makes sense to me too!
As I understand them, SMT won't fix Steem distribution. And because Steem will be needed to power (d)app, then Steem will remain valuable and the way they are distributed will still matter.