You are viewing a single comment's thread from:

RE: Joining in on the self voting on comments fray...

in #steemit7 years ago

HF19 did help the community. Before HF19 my 17,000 steem power vote was worth less than $1 at 100%.

Back then it was n^2. This means 1 steem power was worth steem power.

2 Steem power was worth 2x2=4 steem power.

3 Steem power was worth 3x3=9 steem power

10 Steem power was worth 10x10=100 steem power

Now imagine there were some big players with 1.5 million steem power. Do you realize how big a number 1.5 million x 1.5 million is?

That is what their vote was weighted in terms of divying up the reward pool. As such those with a lot of steem power controlled most of the reward pool.

It would take quite some time of gaining steem power before your vote was even worth $0.01

HF19 changed the curve to n.

So 1 steem power is 1, 2 is 2, 3 is 3, 10 is 10, and 1.5 million is 1.5 million.

Suddenly people with less steem power were able to have effect and distribute the reward pool. This is a good thing.

The problem is now that they've been given that ability many of them have chosen to do it by exploiting the system and simply commenting and up voting all of their comments 100% regardless of whether the comment was very good, or was something they just keep copy and pasting.

All changes on a system like this can introduce new problems. Many of them you cannot see until you've tried it. This is one of those. We as a community simply need to brainstorm and think about it and come up with some solutions.

Sort:  

Many of them you cannot see until you've tried it. This is one of those.

I agree. Disable the self voting. I wonder what would happen?

And thank you for the explanation of how HF19 is helping. I understand it better now. :-)