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RE: Improved version of Solution to Minimize Bot Farms

in #spsproposal8 months ago (edited)

The core problem is that, in wild, if it were related to rent, we wouldn’t be able to solve the issue. Bots have no time limit, so they can infinitely multiply themselves without investing. Some even have tools that precisely calculate how expensive the rent is and how much I would earn. Then they determine the minimum profit required to activate accounts. Consequently, they automatically mine SPS without any financial or time constraints, and without any investment or risk. As soon as the SPS price rises, more accounts are automatically activated to rent, and mine sps from our pool. This continuous siphoning ensures that SPS and rental prices can only increase temporarily, as they are immediately absorbed again by the automated process 😔

I mean, back then we had CP requirements that could be rented. Did it help against bot farms and extractors? No, they even had a boom. It would be an improvement to the current situation; we now have other measures that would restrict it a bit more. But only restrict. The core problem would still exist; we would just slow it down but not stop it.