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RE: The Future of Steemit

in #steemit6 years ago (edited)

We are talking about the same thing and my math is alright.

There are simply too many parameters to give you any example numbers.
Did you not notice, how selfvoting only became a massive problem after hf19 ?

You are right, 40 to 10 did change things. Even if you rolled back both changes though, he would still be able to extract more with 40 n^2 votes spread across 40 posts/comments than he can today with the 10 using linear.

Even with the disproportional distribution STEEM has, this is not necessarily true.

First of all: If any other post had twice the votes, it would get 4 times the shares in rewards.

The effect of flags would change significantly, too.

A shareholder with half the SP could 'steal' more than half the payout of those abusive posts.

It would also have some indirect effects; As it would influence voting behavior.

Sort:  

There has been a dramatic increase in self voting since Hf 19. For the average user (even someone such as myself with a decently large amount of SP) our votes are worth more under linear rewards. For those of us on our end of the spectrum (most users) who want to use their voting power to reward themselves, self voting is more profitable under linear rewards when compared to n^2. That is why we have seen such an increase since the switch to linear rewards. I agree with you on that.

In the interest of not just repeating the same arguments over and over, since you don’t seem to agree with my point, maybe let’s just end with the above statement - since I know on that at least, we agree.

I will have the last word then:

My initial statement still stands strong.

I invite you to read my post on n^2.
I did not tag it #witness-category, although I could and probably should have.

I have read it.