RE: BidBots, Abuse & Curation: Addressing the Elephant in the Chain, Gazing Into The Abyss. by mathowl

View this thread on steempeak.com

Viewing a response to: @jaguar.force/bidbots-abuse-and-curation-addressing-the-elephant-in-the-chain-staring-into-the-abyss

· @mathowl ·
Where is your reference about the 6 dollar statement? The reward and curation functions are smooth increasing functions.  Also, it does not make sense to talk about dollars only VESTS matter.

The new reward function satisfies the same fundamental qualitative properties as the current reward function. It satisfies the indifference principle which makes it a viable function. See the posts in this account for the related theory -> https://steemit.com/@theoretical or this post for a recent version -> https://steemit.com/steem/@eonwarped/curves-did-you-know-zx412ln2 

You need to have mathematical rigour when making statements about an economic system.  Otherwise, the validity cannot be guaranteed and statements become opinions.
properties (22)
post_id76,936,665
authormathowl
permlinkptlv10
categoryutopian-io
json_metadata{"tags":["utopian-io"],"links":["https:\/\/steemit.com\/@theoretical","https:\/\/steemit.com\/steem\/@eonwarped\/curves-did-you-know-zx412ln2"],"app":"steemit\/0.1"}
created2019-06-24 13:34:15
last_update2019-06-24 13:34:15
depth1
children7
net_rshares0
last_payout2019-07-01 13:34:15
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_length734
author_reputation26,709,555,875,589
root_title"BidBots, Abuse & Curation: Addressing the Elephant in the Chain, Gazing Into The Abyss."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jaguar.force · (edited)
The source for the 6$ statement is this: https://steemit.com/steemit/@steemitblog/steemit-update-hf21-testnet-sps-eip-rewards-api-smts
That being said it is true that these issues are mathematically complex and so we are in the process of onboarding a Math advisor to Jaguar Force in order to understand and cover these issues in a more rigorous manner.
properties (22)
post_id77,001,791
authorjaguar.force
permlinkre-mathowl-ptlv10-20190625t152847201z
categoryutopian-io
json_metadata{"tags":["utopian-io"],"app":"steempeak\/1.12.2"}
created2019-06-25 15:28:42
last_update2019-06-25 15:46:09
depth2
children6
net_rshares0
last_payout2019-07-02 15:28:42
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_length353
author_reputation174,671,569,352,122
root_title"BidBots, Abuse & Curation: Addressing the Elephant in the Chain, Gazing Into The Abyss."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@mathowl ·
I cannot find the statement anywhere. Maybe I am missing it. Could you cite the paragraph?

Posted using [Partiko Android](https://partiko.app/referral/mathowl)
properties (22)
post_id77,002,235
authormathowl
permlinkmathowl-re-jaguar-force-re-mathowl-ptlv10-20190625t153721037z
categoryutopian-io
json_metadata{"app":"partiko","client":"android"}
created2019-06-25 15:37:21
last_update2019-06-25 15:37:21
depth3
children5
net_rshares0
last_payout2019-07-02 15:37:21
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_length160
author_reputation26,709,555,875,589
root_title"BidBots, Abuse & Curation: Addressing the Elephant in the Chain, Gazing Into The Abyss."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jaguar.force ·
Link corrected.
" As shown in the charts, 2e12 approaches our current linear rewards at roughly 16 STEEM, which is why we feel it will provide a meaningful and balanced change to Steem’s economic distribution."
properties (22)
post_id77,002,825
authorjaguar.force
permlinkre-mathowl-mathowl-re-jaguar-force-re-mathowl-ptlv10-20190625t155009194z
categoryutopian-io
json_metadata{"tags":["utopian-io"],"app":"steempeak\/1.12.2"}
created2019-06-25 15:50:03
last_update2019-06-25 15:50:03
depth4
children4
net_rshares0
last_payout2019-07-02 15:50:03
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_length210
author_reputation174,671,569,352,122
root_title"BidBots, Abuse & Curation: Addressing the Elephant in the Chain, Gazing Into The Abyss."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000