I wasn't here before H19 but I think abuse would have still been possible with non-linear rewards. Instead of self-voting with 10,000 SP Could I not have spawned 100 accounts with 100 SP each and then set up a curation trail. Wouldn't that have paid out?
You are viewing a single comment's thread from:
Quadratic rewards meant that the bigger the payout on a post, the more your vote would affect it (either up or down).
Its not currently worth downvoting dodgy, overvalued TA crap by 50c compared to just upvoting yourself 50c; but if the choice is between upvoting yourself 5c and downvoting the rubbish by $5, it becomes much more appealing.
That does sound a bit better and it makes me wonder why such a system was abandoned. Maybe there is a clue in all those witnesses who are running bid bots?
I understand Dan had strong views on the topic so maybe we just need to wait for EOS to launch a competitor?
Or for the threat of that to force a reconsideration here.
The closer Dan's thing and steem are, the more steem's network effect will matter.
Possibly. Though I can just imagine the vitriol that will occur in the debate of that scenario so I'm not sure if logic or reason would prevail.
Maybe I am just being too pessimistic and cynical :)
There's a catch: It is costly to spawn new accounts.
Not really. You just need to send VESTS to the new account :-
https://v2.steemconnect.com/accounts/create