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RE: Open Letter to all Steemians - Hardfork 21: Culture Change

in #steem5 years ago

Ok, so now the curve resides below linear and moves towards it. That isn't sublinear?

Not in mathematical terms. It is superlinear because it always grows faster than linear. However, the degree to which it grows faster than linear decreases. Let's not get too caught up in the terminology though.

The devil will be in details that won't be readily apparent for some time after the fork.

Agree

Does 7 days balance the moving parts of the math, or will it potentially take longer?

  1. Maybe. The devs said they adjusted some paramaters so the discontinuity should be small. Let's hope they did a better job than HF19 which took a month or two to rebalance, but we will see.
  2. To the extent that behavior changes, that will likely take longer. I wouldn't make any snap judgements on the state of the ecosystem before a few months.
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Ok, a few months for everybody to adjust.
At what point do we look at fixing the decision to run off ~90% of authors?
Who is going to continue to post when the platform cuts their incentive to do so to zero?
What incentive do the remaining/benefitting authors have to reduce their rewards to attract adoption?
At what point did we stop trying to attract everyman
bloggers?
Should we stop claiming to be a blogging platform for everybody and start letting people know that long haired freaky people need not apply for accounts?

Not in mathematical terms. It is superlinear because it always grows faster than linear.

If rewards never reach linear, only closely approach it, then the rewards that were linear are now less than linear, no?
That superlinearity is now down for steem poor people instead of up for steem rich people.
Equating to bringing back an evil doppleganger of the n2.

That only the authors that get less than 20 steem experience the superlinearity, and that experience is to see their rewards go down, sounds like a curve that favors those that are already established to the detriment of the newbs.
Which sounds like a doubling down of favoring the already favored under the current rules to the loss of everybody else.

How much sp is going to be required to make a solo vote larger than dust on a comment?
That number is going up alot, yes?

I've been very fortunate to have picked up a benefactor, but at 15 steem, my rewards are going down.
Unless the flagging raises what is available from the pool, I see most folks calling it a wrap.
That may take awhile to live down.
Two forks that killed adoption is a tall hurdle to surmount.
I'd suggest that that 20 steem be adjusted lower before most of our authors throw in the towel.

Running off 90% of the authors (as well as non-author users) is mostly a function of the value declining by 99% and the overall value proposition being weak IMO.

That being said, if hypothetically 90% of the authors did leave, the rest would see their rewards increase by 10x. It is self-correcting in that sense.

That superlinearity is now down for steem poor people instead of up for steem rich people

There is no difference. That is the exact same thing stated two different ways.

That only the authors that get less than 20 steem experience the superlinearity

This is not true. Every single vote has non-linearity (whether we call it super- or sub-linearity). The cutoff point of 16-20 is a rough estimate of where things will be similar in some sense to the status quo, but this depends a lot on how voting behavior may change,

As I noted earlier, the degree of non-linearity is somewhat modest. Even at the very bottom (near zero), the relative value is something like 50%, which is much much less of a non-linearity than existed under n^2, even with the whale experiment. At modestly less than the 16-20 range, say 10, the non-linearity is still there but it is much smaller. I don't know the number but I might guess at say 10%.

How much sp is going to be required to make a solo vote larger than dust on a comment?
That number is going up alot, yes?

As I understand it, something in the neighborhood of 2x. Solo votes aren't really the point though. Voting is supposed to be a consensus process. i.e. Go ahead and put your vote on there even if it doesn't reach non-dust. The effect of that is another minnow can add their vote and perhaps get to non-dust, which they wouldn't be able to do alone. If the comment is truly meritorious, we should expect more than one voter to think so.

Solo voting is almost synonymous with milking. It's what we have to get away from, not what we have to protect.

Overall I think we will have to see how things work out including the knock-on effects of more downvotes (which redirect rewards from that being downvoted to everything else, including potentially low-vote content, offsetting some of the above effects), etc.

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