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RE: The Hivewatchers Dilemma

in LeoFinance2 years ago

More importantly, the change in the payout system that "eliminated bidbots" actually emphasised the financial penalty on upvoting content that receives DVs.

Back in the day of 5-minute reverse auction followed by race to vote before others do, there was a theoretical option to discover great content, upvote early and receive great curation payout when it moons even if someone adjusts rewards afterwards.

Nowadays with 24-hour egalitarian window (and very few upvotes coming after it closes), you literally have to hide your upvotes away from any DVs. If account A keeps DVing account B for whatever reason, there are just two options - (1) a whale nukes account A real fast and makes them stop; OR (2) everyone else stops upvoting account B because they lose curation rewards.

Once everyone starts getting a flat rate on curation no matter what opinion they show (with both UVs and DVs) the problem disappears.

No need to watch the watchers. Whenever the police (individual or DHF-funded) abuses anyone, people will flock to the crime site (summoned by friends) and just upvote to adjust the adjustments.

Currently. anyone trying to be a good citizen like that just burns money.

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Better to burn it than to let it go to the control freaks driving people away, imo.

 2 years ago  Reveal Comment

I like the way things are going.
The only thing I would change is to make a 1000mv cap on voting in the pool.
I don't like getting reaped by those that got their hive cheap.

 2 years ago  Reveal Comment

When those whales are discovered to be cheating the community through fraud, they will be easier to suppress.
A good anti-abuse community should have no problem riding herd on the outlaws.