bait and switch.
Oh buy this SP and power up. Youll b e able to vote to reward content you like.
SIKE! you can only downvote now. You just got steemed!
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bait and switch.
Oh buy this SP and power up. Youll b e able to vote to reward content you like.
SIKE! you can only downvote now. You just got steemed!
I've mentioned this elsewhere, but I would not be in support of this unless there was support / buy-in from the majority of the stakeholders. If the whales do feel that this is what it does, then I guess we are back to the drawing board.
I've talked to a few whales, and there doesn't seem to be major opposition that part (at least from the people I've talked to.) Plus, if it really bothers them that much - they can still split their SP into multiple accounts :)
The idea is that hopefully the ability to actually influence rewards by investing in SP will encourage a lot more users to get involved in the platform and invest in moderate amounts of SP in order to be more influential.
This is a laudable goal. But this seems like a very complicated and very exploitable way to try to achieve it.
If giving smaller accounts more influence in rewards is your goal, then IMO step one is to get rid of n^2. Thats certainly less exploitable in terms of self-upvoting than what youre proposing (and the only reason we have it is to prevent self-upvote abuse), and it would probably be way more effective at actually producing a measurable increase in the actual effect a regular user could have on reward distribution.