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RE: The Incentives of Steemit Part 2 - What Steemit Wants to Be vs What Steemit Is

in #steemit6 years ago

We are certainly in agreement on the one-vote/one-account reward system.

How do you manage multiple accounts ?
I can already see paid-for services which setup many accounts and vote for their clients.

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People with multiple accounts should only be able to choose ONE account that can be activated for voting purposes, but the reward system would still apply PER ACCOUNT based on each account's own (steem /rep) statistics.

People with multiple accounts should only be able to choose ONE account that can be activated for voting

This is technically impossible to implement, as code is not omnipresent and can't know if different accounts have the same owner.

the reward system would still apply PER ACCOUNT based on each account's own (steem /rep) statistics

The rewards would stay the same. Are you just talking about a new way to categorize what is "trending"? This is a front-end problem, in a decentralized system this shouldn't matter. But it is true that the majority of the readers use steemit.com

I agree that reputation of the voting account should be (heavily?) weighted by the reward formula. This would be a real improvement.

There is not currently a way, but someone had a name for the way it could be done yesterday when I was reading around on this topic. I forget what it was called...I'll have to see if I can find that again. Multiple accounts--beyond a legitimate 3-4 for varying actual business models that INDIVIDUALS may need are necessary-- yes, but not beyond that.

When you say "the rewards would stay the same" I'm not sure what you mean. This whole conversation is about adjusting the rewards system. "Trending" is just the most visible example of the faults with the current system.

I cant answer for @mepatriot, but that is one of the reasons (but not the biggest, stay tuned) I think that one-vote/one-account is not a good idea.

Agree. We already have so many fake accounts on Steem owned by single person offering resteem and upvote services.

Rep weighted system is also abusive as by flagging whales can kill any genuine account

Only way is to take off the flag option. Let positivity survive here. All negativity is because of flag option