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RE: Embracing Linear Equality on Steem: Unlearning the Sucker & Maximising the Arsehole in Me

in #funny7 years ago

Agreed with everything but this

(I believe Linear, despite all its advantages, is the predominant cause of this)

My take on the curve https://steemit.com/steem/@snowflake/reward-curve-doesn-t-discourage-self-voting

I think what messed up incentives was to reduce votes per day from 40 to 10. This was a very good measure to prevent self voting as self voters needed to put out 4 times more content than now. This is why haejin is posting 10 times a day, put votes back to 40 and he will have to post 4 times more content to maximize self vote.
https://steemit.com/steem/@snowflake/history-is-a-great-teacher

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put votes back to 40 and he will have to post 4 times more content to maximize self vote.

That's 4x more crap bloating the blockchain for the same result.

Well firstly I'm very glad that you agree to some extent to what I said
Namely that this isn't a problem of bad actors - people maxmizing profits under the rules aren't good or bad, they're what you should expect. And it's up to the people who are making the rules to come up with incentives that align with and best promote the behavior they wish to see the most.

Please have a look at my other reply here where I provide a solution:

https://steemit.com/funny/@kevinwong/embracing-linear-equality-on-steem-unlearning-the-sucker-and-maximising-the-arsehole-in-me#@trafalgar/re-kevinwong-embracing-linear-equality-on-steem-unlearning-the-sucker-and-maximising-the-arsehole-in-me-20180419t032538535z

To address your concern I actually think that's exactly what would have with 40 votes. He'll just vote 40 times, not bother with long posts, maybe 5 long posts and 35 comments on all of them. He's not wrong or evil or whatever to do this. Just rational. We can align rational profit maximization interests with beneficial behavior too, please have a look at my reply linked above