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RE: This Quote from the Steem Whitepaper is Very Relevant to the Self-Voting Debate

in #steem7 years ago

I read that in the white paper. It is what I wrote about in this recent article. Restated in jargon, self-interest results in an equilibrium point that is not optimal - such behaviour cannot be eradicated but it can be reduced to make optimal behaviour more likely. But that also means encoding such an algorithm.