That's the thing. When 99.9% of people support something, it doesn't seem like a great "market reaction" for one guy with a bunch of money to downvote all of the money away. Why does someone with a million dollars have more say than 150 people with less?
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Blockchain rules could be changed such that the users with 10x the stake could have less than 10x the voting influence. This would mitigate things as long as you have unique identities for each person. As mjhomb points out, making sure everyone is using a unique identity is hard. So such rules would result in people getting multiple accounts in order to have voting power linear to that of their stake, again.
It's always been a problem with Hive rewards.
Yeah, well I know one thing, this continued attack is really frustrating. Guy voted down a post of mine with a TON of upvotes from around 45 dollars to 2 dollars. I make a large part of my living off hive and because he disagrees with the FACTS I'm presenting, he obliterates my income. A HUGE downside of Hive.
You probably have earned a sizable amount of Hive Engine tokens. Check that out. Rich Hive whales cannot influence your POB (Proof of Brain) earnings. They're 2 front ends. https://proofofbrain.blog and proofofbrain.io. A user which is wealthy in Hive Power cannot influence any earnings of any particular Hive Engine token unless they are also whales of that token. Whales can have thier influence revoked which is really a plus for users who want to support authors with voting. We have banned a user on the basis of incorrect flagging in the past. You can post in the Proof of Brain community, to get more POB. You can get others to power up the POB token and power down Hive.
I am going to set up a mirroring function so you can post to Hive, Steem, and Blurt simultaneously by checking boxes when you post.
Unique identity on blockchain is hard. When that is solved, hopefully in a way that protects privacy, more complex voting/consensus algorithms are possible that could consider unique individuals, reputation etc. as well as stake... will be a game changer when it arrives
I agree but I include "impossible" under the "hard" definition here.