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     6 years ago  

    @masterroshi @arcange Can either of you explain where the authoring and curation rewards go after a down-vote bot zeros out the total? Let's assume $2.00 in votes from 10 up-voters before the bot down-votes, zeroing out the Pending Payout reward value.

    Also, is the SP used in the process of voting returned to voters, after a down-vote bot hits the post?

    Do you know what motivates anyone to run down-vote bots? Is there a payout to them? Do they collect what would have gone to authors and curators?

    Are either of you developers for the Steemit platform or know who the developers are?

    Your insight and advice would be great. Thanks.

    As an FYI, the following is memo text from a transfer.

    Hi *************, i am a collective run account fighting spam in spanish and trying to keep the blockchain clean. We are constantly looking for support and wanted to ask if it was possible to reach an agreement. At the moment we both upvote quality posts and downvote spam because of the limited resources at hand, might sound counter intuitive but we want to secure the support of the community and show we are about a clean chain, but if the delegation requieres no upvotes we have no problem and will stick to it. We have a reverse fanbase bot ready to go but at the moment we are working manually both curating and downvoting and leaving personnal comments. thanks for your time and atention. best regards ****************

    Why would the recipient of the transfer and memo want down-voting exclusively? And why is the memo author using up-voting as a tool to convince the community that their actions are all about a clean chain?

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       6 years ago  

      i believe if there is a downvote then the rewards pool will simply send out less rewaeds.

      SP is indeed NOT returned to the voters it is in essence lost. which creates a disincentive for that voter to vote on that type of post again.

      As far as incentives for downote bots, the is only vengence and it is actually a waste of time. they are simply trying to create influence and be able to censor content they dont like or approve of.

      If you want to get more info on the people developing the blockchain, check out the steemit github and reach out to the folks making some of the commits.

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         6 years ago  

        I did drop by GitHub, but didn't spend much time there. Started reading the code...I'd have to dedicate time to that and don't have it to spare. Thanks though, I will look for names of those making commits.

        Well, evidence speaks to the contrary regarding the profitability of running down-vote bots. I've seen monthly bittrex transactions as high as $10k. You can look at their account page wallets and see next to nothing for the week, for example: curation(61.064 SP) /authoring rewards (zero) and still see curation of 605.46 SP, authoring of 14.49 SP and steem of 14.48 in SteemWorld. You can trace the source there too.

        I'll throw a thought out for you to contemplate: WHO benefits by having rewards returned to the Global Reward Pool and HOW do THEY profit from delegating to exclusive down-voting bots?

        Heading over to Minds.com. Look me up if yo have an account there.

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           6 years ago  

          Wow the post is very usefull and it is of help to me because am new here . please my boss with higer repitations should kindly upvote my coment and follow me please just help me i really need help around here .thanks.

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