With this then all top 20 witnesses should cease all bidbots as they are gaming the system. They are double if not triple dipping through the failings of the Steem ecosystem that has allowed the manipulation. I am seriously concerned that the owners of said bots will just adjust their algorithm to the new cut and a few tweaks to curation algos will net them an equal cut to hf20. There had better be some damned good testing in the testnet this time to determine the efficacy when concerning the bots. Though I have large reservations about that since the top 20 are the testers, voters, and bot owners.
This does sound like a major conflict of interest.
You will likely see bot votes being downvoted with this new system. What is the bot going to do waste their downvotes on you?
Absolutely, and profitably. Downvotes are going to be free. Won't cost them anything to protect their businesses from downvotes by hordes of minnows (if any are so foolish as to try to), and their stakes will enable them to conduct retaliatory flagging campaigns that will soon make examples that others will learn from.
No one rational without massive stake will be flagging whales with their free downvotes. Free downvotes will likely only be used to conduct censorship without cost or retaliatory flags to crush any who dare to oppose profiteering. The downvote pool will not somehow induce tens of thousands of minnows to act in concert, and that's what would be necessary to successfully defend against whale flags.
It has been determined that you are trash, therefore, you have received a negative vote.
PLEASE NOTE: If you engage with the trash above you also risk receiving a negative vote on your comment.
Wow, that is a good point I never thought of.
As you can observe, I am familiar with how downvotes are deployed by stakeholders.
It has been determined that you are trash, therefore, you have received a negative vote.
PLEASE NOTE: If you engage with the trash above you also risk receiving a negative vote on your comment.