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RE: The Downvote Economy – How to Steal the Value of Someone's Work and Get Rich Off Their Efforts

in #hive2 months ago (edited)

the point is that if there is no balance, the higher stake always decides in the end and disrupts the balance for good. It is enough that you conduct a thought experiment that user @dotevo from blurt gave me:

I once described a hypothetical situation to describe the main problem, but I think it is worth adding it here. Let's imagine 2 groups of people, e.g. democrats and republicans ;) to make it thematic.

Democrats have a voting power of 1M hive, and Republicans 0.9M hive. For the sake of considerations, let's assume that no one else is on the platform. A certain republican writes an article, receives votes worth 0.9M hive, and then people come in from downvote and it is 0. Then we have the opposite situation, except that after subtracting we have a voting power of 0.1M. It would seem that this is fair, but hive has constant inflation. So the reward depends strictly on how many votes were cast in the network. Since there are only 2 pieces of content, now the entire mess must be distributed proportionally. That is, 100% to the Democrat's content, 0 for the Republican. Despite the fact that the communities have similar voting power, the pool is taken by the slightly stronger one. by @dotevo

I will develop this experiment further in comment:

Exactly, but let's continue with these considerations because this is just getting started :)

Democrats gain 100% of 0.1M, so the next time there is a clash, Democrats already have 0.2M more, and in the third "fight" 0.4M more. The value grows exponentially and tips the scales of power radically in favor of one group. After only 5 clashes, Democrats have twice as much voting power as Republicans and can easily take over the platform. by @khrom

That's all on the subject. Even if you treat it as a "game", it is a broken game because it is completely unbalanced.

https://blurt.blog/@dotevo/smyich

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Yes, you are correct.
The ninjamine is still blowing out the balance of the math, I agree.
But, the only way past this hill is over it.
Or, succumb.

I'd like to see the n2 come back, that can only happen when enough stake is on both sides to keep the balance from getting blown out as you describe.
The n2, and better curation, could come back if 'the whales' respected a vote cap, but greedy folks gotta greed.

well, I guess you didn't fully understand what I wrote above.

It doesn't matter how many stakes or other things you create. In the case of downvotes, the balance is always quickly disturbed because if one of the parties gains even a slight advantage, the scales tip at an exponential speed to the side that gained this advantage.

You can't fix this with any stakes or other inventions because whatever exists to balance it will fall into the hands of those witnesses who win the vote and those who win will always be those who receive the majority of votes. Since we have established that within 5 rounds of downvoting the advantage in favor of one group can double, you probably understand that Hive will always be the arena of one camp in power and that's what happened. Just 2 years after the steem fork, hive became the property of one dominant group with views similar to democrats, which practically chased away or suppressed the group with opposing views. Which was perfectly visible, for example, during the plandemic.

The "political" scene on hive is currently set in stone and unmovable, so there is no chance for change, and as a result, even if you dream of someone introducing what you are talking about, it will NEVER happen because it would mean a risk for the current government that they will lose their position :P That is why there will NEVER be any changes that you would like to see to make Hive more balanced or more fair ;]

And even if it seems to you that a wind of hope will blow, because I don't know... for example, some new billionaire will come and make a small reshuffle in the arena of power, the scales will simply tip strongly the other way again.

there is no hope for this "game" because is broken in the basis.

Is the same old shit as in others totalitarian regimes or corrupted governments today. Fat pigs are eating and regular people hurts.

Well, you have to be able to discern the different viewpoints.
The viewpoint of the people that created this platform for us to complain about their 'mismanagement' on is that they need to get paid for creating the platform.
The viewpoint of the earliest adopters is that they need to get paid for making the early days a success.
These are not viewpoints that can be invalidated because one doesn't share them.
These dominant viewpoints can't change until the political power in the hive spreads out some more.
That only happens if people power up moar hive.