You are viewing a single comment's thread from:

RE: Proposing Steem Equality 0.19.0 as the Next Fork

in #steemit8 years ago

We want fair rewards, but we also need to avoid issues with bots swaying the votes. We know there are people with hundreds of bots and those should have less combined influence than someone with the same total SP. I'm not totally clear on whether the proposal does that

Sort:  

That is the purpose of concentrating vote power. If you can keep your voting power below 100% then you will always allocate the maximum reward your account is allowed to. Bots will always do this because it is easy for them. This change will help human users remain competitive against bots.

We want fair rewards, but we also need to avoid issues with bots swaying the votes.

Why? Until bots are self-aware, bots are just another form of users using their own stake to vote how they wish, and we fully support that.

We know there are people with hundreds of bots and those should have less combined influence than someone with the same total SP.

Is there any particular reason that that should hold true? Imagine if they are hundreds of individual users voting instead of hundreds of bots. Should they be penalized voting against someone who has their combined SP?

Why? Until bots are self-aware, bots are just another form of users using their own stake to vote how they wish, and we fully support that.

Okay, I'm in agreement with you there but the why is vandenberg saying:

The reason we are choosing to do both at the same time is to help human users a little bit against bots

Why propose something that is expressly intended to favor some users over others (and has the indirect, perhaps unintended, effect of favoring users who sign on for five minutes make a few votes and sign off over those who particulate a lot more)?

Another negative consequence of reducing the vote target is that voting will become a lot less casual and social because people will become more aware of their vote power being depleted. The most intuitive voting system is like that on facebook, reddit, etc. where you can make as many votes as you want without 'running out of juice' (equivalent to an infinite vote target). Obviously we can't do that but reducing the vote target is moving a lot in the opposite direction.

We want to strike a balance between forcing users to be aware of their voting power and making using the site effortless. We will likely target vote strength for the median number of daily votes made by users in a typical activity band. We also have some ideas for later in the year for making a user's current voting power more visually apparent to the user.

I'm just going by how I understand it should work. For the second case, how can the system distinguish between 100 bots and 100 new users? The users should build their SP quicker if they post and comment as their curation rewards would be tiny. There's no one algorithm to make everyone happy, but we need to find the balance that will encourage new users whilst those who buy lots of Steem feel they get a reasonable return.

I definitely don't have all the answers. I'm interested in hearing other views.