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RE: Down Vote

in #steemit7 years ago

As a newbie myself, I was wondering about this issue as well...

I thought about people with a lot of money just buying STEEM Power and therefore having an strong impact on the voting and reward distribution mechanism - without creating quality content. Doesn't it work that way, that the more SteemPower one has, the more curation reward he gets (if he curates posts)?

Maybe it's just me, but won't get wealthy users more rewards than others and thus gaining even more power?

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Thats the point. the more you have, the more you will get... There should be a way to regulate this in form of a voting cap or anything else. But if the big ones only getting even bigger the system will get a problem.
I don't buy power and only got 1.5 STEEM Power in two weeks. Now about 1 STEEM Power is gone buy downvoting, thats a big inpact.
Wish you good luck with your posts!

Yes, seeing the same problem! But I don't think a voting cap would be a valid solution because that would only delay your loss (and wow that is a lot!).

I am sure there is the same voting power mechanism for downvotes as there is for upvotes but maybe the impact of a downvote should be a fixed amount or at least way lighter with every next downvote...

Anyway, we'll see! Thanks and keep us updated ;)

It's ok if content is hidden by too many downvotes but I don't think that earnings should be affected by that.