The way it is currently working is not optimal and delegating Steem Power to voting bot services for payback rewards is really somewhat similar to just self voting for your own posts and comments. This doesn't need any brain work either. Not that I'm really against any of it, but I think there are ways in which selling votes could be improved on and I doubt there is any way to prevent the practice...
Hmmm, maybe the best solution is to redistribute all the wealth... are you with me comrade? Storm the Bastille, liberty, fraternity, equality... lol. :D
Actually, maybe I shouldn't encourage that either. If it is done right, I hope selling votes can be used as an incentive to get others to post quality content.
We didnt have this feature until they forked to allow it because the greedy wanted more return.
I've got a post scheduled about my proposal of the blockchain selling SBD.
With superlinear rewards most of these problems go away, but the largest whales have to keep their hand out of the till.
We had that, minnow votes increased in value exponentially, and stinc put the kibosh on it with linear rewards.
Delegation is an end run, too.
Better we get them to abandon their wealth by making it worth less than living a free life.
Also do keep in mind, that a use case doesn't necessarily have to involve Steem. It can be any plausible and feasible use for the Byteball platform, applied to some real world problem or need. So to cut it short, the contest is mainly of creativity, innovation and potentially introducing a use case, that you could profit from yourself. Anything goes, as long as your use case is feasible and the judges can see the potential in the project and it's moving forward :-)
Also - there is no deadline for entering the contest. Anyone can enter by paying the entry fee of 25 MB from their publicly Steem attested wallet.
The way it is currently working is not optimal and delegating Steem Power to voting bot services for payback rewards is really somewhat similar to just self voting for your own posts and comments. This doesn't need any brain work either. Not that I'm really against any of it, but I think there are ways in which selling votes could be improved on and I doubt there is any way to prevent the practice...
Hmmm, maybe the best solution is to redistribute all the wealth... are you with me comrade? Storm the Bastille, liberty, fraternity, equality... lol. :D
Actually, maybe I shouldn't encourage that either. If it is done right, I hope selling votes can be used as an incentive to get others to post quality content.
We didnt have this feature until they forked to allow it because the greedy wanted more return.
I've got a post scheduled about my proposal of the blockchain selling SBD.
With superlinear rewards most of these problems go away, but the largest whales have to keep their hand out of the till.
We had that, minnow votes increased in value exponentially, and stinc put the kibosh on it with linear rewards.
Delegation is an end run, too.
Better we get them to abandon their wealth by making it worth less than living a free life.
Lol @comrade. I don't get this contest, I suppose until I look up the link. Thanks for bringing this to our notice.
UPDATE
I get it now, quite interesting. Byteball sure knows the way to go. More entries will be rolling in already.
Also do keep in mind, that a use case doesn't necessarily have to involve Steem. It can be any plausible and feasible use for the Byteball platform, applied to some real world problem or need. So to cut it short, the contest is mainly of creativity, innovation and potentially introducing a use case, that you could profit from yourself. Anything goes, as long as your use case is feasible and the judges can see the potential in the project and it's moving forward :-)
Also - there is no deadline for entering the contest. Anyone can enter by paying the entry fee of 25 MB from their publicly Steem attested wallet.