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RE: The good, the bad and the ugly

in #newsteem5 years ago

I'm kinda half/half on the reward curve. On one hand the curve is exactly what makes self-votes spread over tons of comments and posts makes not lucrative anymore. On the other hand it makes it more difficult for smaller authors.
Maybe on the long term we have to adjust the exact dollar value of this curve accordingly to get the best out of both worlds.

Similarly with SMT, I think the best way to take care of this is doing it organically and not forced. After introducing SMTs certain communities will start paying out in SMTs and find use cases and sinks to establish a value. After a certain time then these SMTs could slowly take over and Steem distribution can be reduced.

I do not think that a hard cut would be good, especially seeing the already low author activity.

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We don't really have a problem with spread votes. The current biggest issue are vote circles, and most of them have a stake high enough to bring them to the winning end of the curve.

I was more talking about "before EIP" where this was a common practice. Right now we don't have that problem because of the curve, since its not lucrative. And if the votes are big enough you can detect and downvote them easily. (Not so much when the votes are 1$ each).

Even vote circles, should be easily brought down with downvotes nowadays. Shouldn't it?

Not that easy unfortunately, as the risk of retaliation makes a lot of people stay away from the bigger ones.

Detecting bigger self-voters/circlejerks only works at amounts which are way over the threshold. Raising it can't be a solution either, as that would affect even more honest accounts. Imo it would be possible to set up analytical tools which can detect the kind of abuse we're trying to prevent. Yes, that would require more effort, but it wouldn't hurt all the small accounts in the same run.
In war terms, I think of it like the difference between a targeted strike on an enemy key figure, and carpet bombing the whole town. The latter is easier to set up, but at what cost?