This is a TERRIBLE MOVE -> everyone sees this as a free pass -> considering it's a set ammt of rewards in the pool, this is just going to be funnelling everything to the top accounts... -> whats stopping the biggest abusers from just upvoting their own comments 200 times in a row -> and then delegating their power to another account -> and then re upvoting them all again 50 times over and just pulling the overall fund down...
terrible move here unless im missing something
Exactly the same thing that stops them right now - voting mana that gets depleted after each vote. Nothing changes here.
You can't do that right now and won't be able to do it after HF28.
No you CANT do this right now becuase your votes are worth less each time without recharge...
imagine the pool is 10 dollars -> well keep the numbers simple here...
you are a whale, your upvote takes 1 dollar out of the total reward pool -> now theres 9 left -> you do another one it takes out 80 cents. so on so forth...
now you can just sit there at zero percent and reem out the pool...
People are just looking at this like they get to make more money now.. Those people were previously limiting their votes to maintain a high reward... Now your just able to upvote as much as you want and not worry about losing value on subsequent upvotes...
The total Rewards going out on the platform are not changing -> just the percent of the pot whales are able to take out...
Someone with a 0.001 hive upvote isnt going to be pulling much out of the reward pool, but someone with a 25 hive upvote can now just pull in so much more of that finite pool...
Explain to me how this part is good. specifically the effect it's going to have on the way reward pool is dispursed... someone who was previously capped from hammering the pool is now able to make 50 100% upvotes back to back and continuously be rewarded full value?
be ready to see a 3 - 5 cent Hive most likely before the fork even hits becuase the extra hive coming in is just going to be liquidated ... and without some new reason for demand it's just going to be clearing out all bids on the exchanges that support HIVE.
Fair point, and I get the concern. Hopefully, the devs have proper safeguards in place to prevent that kind of abuse. Let’s see how it plays out once live... could still prove to be a net positive if managed well. 👀