RE: Time To Wake Up and Fix Steem's Voting Problem by teamsteem

View this thread on steempeak.com

Viewing a response to: @kevinwong/re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t062900554z

· @teamsteem ·
$0.73
> Proof to be a better system in what terms?

A sinking boat vs a floating one. 

The current system favors those who do engage in absolutely no work, aka proof-of-no-brain-needed. How could it be worst? 

> I'd be pretty pissed off under n2 if I purchase or earn 100 SP, but someone with 10x more SP has 100x influence when it comes to stake-weighted voting, instead of a linear 10x. 

That would be irrational. Linear devalue the whole platform and thus Steem. 

Regarding slightly superlinear, I think it would only slow down the desirable effects of superlinear. 

> The current curation reward system is designed to encourage consensus. It makes it profitable to vote with others and less profitable to vote elsewhere. The result of this system is to increase the contrast between posts with high payouts and everything else. **It serves to accelerate the process of reaching consensus without respect to the consequences of that consensus.** @dantheman
👍  ,
properties (23)
post_id50,348,897
authorteamsteem
permlinkre-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t070553019z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1", "users": ["dantheman"]}"
created2018-05-26 07:05:51
last_update2018-05-26 07:05:51
depth3
children6
net_rshares191,345,331,004
last_payout2018-06-02 07:05:51
cashout_time1969-12-31 23:59:59
total_payout_value0.554 SBD
curator_payout_value0.180 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length958
author_reputation284,009,804,791,421
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@kevinwong · (edited)
$0.77
> The current system favors those who do engage in absolutely no work, aka proof-of-no-brain-needed. How could it be worst?

Indeed..

> That would be irrational. Linear devalue the whole platform and thus Steem.

Not sure if I'm willing to concede here with that statement, but I get what you mean. It'll be a hardsell for anyone who can put their fingers together in figuring they're being shortchanged immensely for the system.

> Regarding slightly superlinear, I think it would only slow down the desirable effects of superlinear.

Yup, our proposal here is an in-between solution for the individual and the collective. I think there's good evidence that n<sup>2</sup> did not work as well as expected. Sure it amplifies and contrasts contributions to the greatest degree, but are users generally happy? Maybe in a purely elite community. I'd give it to Dan for figuring out that linear is highly undesirable in first pass though. That's certainly not something that's obvious to most developers.
👍  , , ,
properties (23)
post_id50,354,313
authorkevinwong
permlinkre-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t080746046z
categorysteem
json_metadata"{"app": "busy/2.4.0", "community": "busy", "tags": ["steem"]}"
created2018-05-26 08:07:48
last_update2018-05-26 08:08:39
depth4
children0
net_rshares200,309,322,836
last_payout2018-06-02 08:07:48
cashout_time1969-12-31 23:59:59
total_payout_value0.585 SBD
curator_payout_value0.185 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,001
author_reputation508,940,095,151,809
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)
@duartenunes ·
$0.94
I think a good way to fix steem's voting problem is to give big votes to all the guys from Portugal who have an idiot photo as a profile photo and whose nickname starts with a "d" and ends with "nunes"
👍  , ,
properties (23)
post_id50,371,423
authorduartenunes
permlinkre-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180615t142344575z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1"}"
created2018-05-26 11:25:57
last_update2018-05-26 11:25:57
depth4
children1
net_rshares244,070,835,089
last_payout2018-06-02 11:25:57
cashout_time1969-12-31 23:59:59
total_payout_value0.787 SBD
curator_payout_value0.154 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length201
author_reputation10,742,642,199,391
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@duartenunes · (edited)
see how wise I am?
👍  
properties (23)
post_id50,371,494
authorduartenunes
permlinkre-duartenunes-re-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180615t142429647z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1"}"
created2018-05-26 11:26:42
last_update2018-05-26 11:26:57
depth5
children0
net_rshares363,164,839
last_payout2018-06-02 11:26:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length18
author_reputation10,742,642,199,391
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@charitybot ·
Let's make it n^99999 so no one has any influence at all, good idea dude, you must be great at economics and by your suit I can see that you know what people on modern social media are engaged by.
properties (22)
post_id50,404,529
authorcharitybot
permlinkre-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t162818059z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1"}"
created2018-05-26 16:28:21
last_update2018-05-26 16:28:21
depth4
children2
net_rshares0
last_payout2018-06-02 16:28:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length196
author_reputation21,053,937,692,175
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@smooth · (edited)
Or we could just decide that 2 is clearly the ideal power to use in terms of economics and incentives. What a convenient coincidence that n^2 is easy to calculate in integer code using `rshares*rshares`!
👍  
properties (23)
post_id50,410,126
authorsmooth
permlinkre-charitybot-re-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t171809900z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1"}"
created2018-05-26 17:18:15
last_update2018-05-26 17:18:39
depth5
children1
net_rshares102,929,967
last_payout2018-06-02 17:18:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length203
author_reputation119,002,354,889,508
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@charitybot ·
I'm sure everyone in the >99%  at least secretly likes >1.
properties (22)
post_id50,429,312
authorcharitybot
permlinkre-smooth-re-charitybot-re-teamsteem-re-kevinwong-re-teamsteem-re-kevinwong-time-to-wake-up-and-fix-steem-s-voting-problem-20180526t202157533z
categorysteem
json_metadata"{"tags": ["steem"], "app": "steemit/0.1"}"
created2018-05-26 20:22:00
last_update2018-05-26 20:22:00
depth6
children0
net_rshares0
last_payout2018-06-02 20:22:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length58
author_reputation21,053,937,692,175
root_title"Time To Wake Up and Fix Steem's Voting Problem"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000