That's why you need multi-factor security. Eg: One account can only use 40% VP on a single account. There is a earnings cap based on the number of unique upvoters per week. If it's $5 per upvoter per week, it would require hundreds if not thousands of sock puppet accounts. That's a lot of work and lot easier to spot. You could add a minimum account activity to be considered a unique upvoter.
You can't make things impossible without making things fascist. Just make them hard to execute and easier to spot.
Just the kind of rational thinking I expect from you =)
I have flogged that horse pretty hard, though, and the best response I have received is ridicule. The worst is complete silence, and typically those with their hands in the cookie jar just handwave the idea away.
Either Steemit will do it, or another platform will, in time.
Thanks!
At least I got minnowbooster to get their communication better. It used to be this:
And not it's like this:
But they have a business to run. Stinc is focused on SMTs. They are not setting up incentives right. Even OpenLedger DEX was sick of the dev team always messing with the wallet API giving them lots of extra work. The most active response I've seen from was sneak and boy it was terrible. He's practically bernie sanders lite. Sneak is half-way on board with MSM narratives. If other devs are like him, God help the social aspects of STEEM.
Ned doesn't seem like a bad guy. There are many things I like about him. But he's just too focused on building a "Platform" he's lost the sight of what the hell that platform is supposed to do. But I still don't think STEEM would be anywhere near as bad as ARN:
https://steemit.com/blockchain/@vimukthi/aeron-arn-review-in-depth-analysis-investing-after-the-safest-year-in-aviation-in-history
https://steemit.com/blockchain/@vimukthi/aeron-arn-whitepaper-reddit-analysis-along-with-opinions-from-aviation-veterans-and-how-smts-can-create-something-better
OMG, that guys voice. He has the perfect voice for commercials like that video.
It's not a coin I am interested in. Wish I was. I live right on a private airstrip, and jelly on the guys with their planes in the hangars alla time.
Edit: as to Stinc. I am not so sure they are missing their mark. I suspect they are aiming at a different mark than I think they should be, but I'm looking long term. If they're not, they're hitting the bullseye.
Their incentives hit profit from the pool dead center.
That's a nice idea! I can't think of any loopholes in that, except: if people are that desperate to make money and willing to waste so much of their time.
Good one.
This should be the goal of any non-fascist system. This is how Satoshi expected the BTC to be secure. Make good behavior easier than bad behavior.
Interesting.