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RE: Palnet – A big step in the right direction

in #palnet5 years ago

Like others I expect that the superlinear rewards curve has the opposite effect of what you predict as it's increases the votes of whales and diminished the votes of plankton.

I rather expect a suplinear rewards curve like √x to have the effect you named as it supports small contributors and limits the power of whales.

Especially after the air drop has less failed and there are only a few holder of PAL token.

Well, time will tell.

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From what I can see from the Palnet posts, the superlinear rewards curve is quite gentle. The proposed rewards curve for Steem is also quite gentle. It is difficult to tell if this curve is an improvement over the linear one. I am very confident it is an improvement over the N^2 curve. I am still concerned that people will use bots to maximise the rewards from the curve. We will have to hope people use their downvotes to prevent that happening.

You mentioned a √N rewards curve. This type of curve should put an end to people using bots to put their content on trending. However, it would probably start a self-voting craze. The large stakeholders would probably split their Steem into thousands of accounts and self-vote thousands of comments to maximise the curve.

Everybody seem to fear account splitting. But that's a lot of work and the situation won't get worse because account splitting happens already.

While every account which won't split is an improvement.