Interesting idea, was there particular parameters why you chose 50 cents per flag instead of 10 cents.
If a bot war were to start up it would take 200 bots to produce $20 damage.
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Interesting idea, was there particular parameters why you chose 50 cents per flag instead of 10 cents.
If a bot war were to start up it would take 200 bots to produce $20 damage.
We could set the amount of "damage" depending on the size of the Steem wallet.
A plankton would lose nothing, a minnow 10 cent per downvote, a dolphin 50 cent per downvote, an orca 2 dollar per downvote and a whale 5 dollar per downvote.
Just an idea into the right direction.
Is that applied to standing wealth, or future earning potential?
Average total payout of the last 30 days.
For example if all minnows make around $10 total payout average per post in 30 days then a downvote could be adjusted to 10 cent. So it would take 100 downvotes to kill the entire total payout of that post reflecting that the community disagrees with it.
Of course such posts don't get much visibility so I would raise the downvote amount to 30 cent (per flag).
Thanks for making that detail clear.
I think it somewhat limits the harm that flags can do, but in my way of thinking, there should be no harm.
Flags should probably not exist.
Let me see how this works. I create content, you disagree with the reward, so minnows punish the whales disproportionately to stake. Whale powerdowns and leaves. Steem is a desolate place.
Is that a possible outcome in your scenario?
Yes, but whales don't create content, they invest, and that is a good thing if it supports people with smaller wallets. Because without Minnows Steem will be a dead place too.
I thought that nobody can downvote Planktons, Minnows will lose 10 center per downvote, Dolphins 20 cent per downvote, orcas 1 or 2 dollars per downvote and whales 5-10 dollar per downvote.
Just rough numbers, calculating the average earnings of Planktons, Minnows, Dolphins, Orcas & Whales per post would help to find a suitable amount per downvote.
if whales dont create content (not absolute, but they dont create much content), then how will downvoting really affect them? I dont see it as a powerful tool, except those who are more tech savy to create accounts, will be able to abuse whoever they want.