RE: Understanding Steem's Economic Flaw, Its Effects on the Network, and How to Fix It.

[teamsteem]

Actually I think "superlinear reward" favours self-vote abuse.

Indeed. As explicitly stated by the original whitepaper. However, it also gives rise to counter-incentives. I'll clarify my position on the whole subject hopefully soon enough.

Diminishing returns, I'm not totally closed to the concept but my priority is to concentrate my energy as efficiently as possible to return Steem to sound economics.

Comments

[jaki01]

However, it also gives rise to counter-incentives.

In theory, yes, but do you think in 'real life' I would seriously dare to flag some whales (if I want to continue writing here)? :)

I am looking forward to read your coming article about the whole topic.

... but my priority is to concentrate my energy as efficiently as possible to return Steem to sound economics.

I know, and I really appreciate that!

[teamsteem]

It's really interesting what the original whitepaper says about flagging but I do agree with you it is much better to stay out whales' way but that doesn't necessarily apply to whales vs whales.