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RE: This Quote from the Steem Whitepaper is Very Relevant to the Self-Voting Debate

in #steem7 years ago

Interesting how deeply the folks that built the system thought about outcomes in advance. And made plans to deal or not deal with predictable outcomes, depending if they thought it was a real issue of just noise and a nuisance.

The white paper does suggest that for case of rampant abuse of self-voting, the community of crabs needs to band together and use flags to pull the violating crabs back into the bucket

STEEM On!!

Dave

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Crabs?

Read the steemit whitepaper. Or read the original post above. It uses a crab analogy for the steemit community

I think that all this flagging and witch-hunting is actually a kind of "negative work" (for the lack of a better term) in the simple mathematical sense that "negative earnings" are being produced. I still think the algo needs changing so that we can let such sub-communities enact their strategy but at much reduced returns.

Good idea we have to find some way to do that

Rightly so we need a plan to sort out this issue.