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RE: How many of the upvotes are done by paid voting bots?
What portion of steem rewards (re)distibuted through voting bots?
Could you calc it?
What portion of steem rewards (re)distibuted through voting bots?
Could you calc it?
I keep meaning to find the time to do that analysis. But it's pretty difficult as:
o There are many kinds of bots / purchased votes - those on steembottracker but also things like minnowbooster (which upvotes through different accounts so is harder to track, although possible) and "black market" vote sellers too.
o Working out the value of the votes rather than the number of votes is a heavier calculation if you want to do it accurately.
I'll get to it one day!
I think we as a community should come to understanding how bad is it.
Economy of steemit is of great importance and often neglected by developers of the project.
Users are actively using their SBD and Steem through bots making them the only crypto that is actually used in a functioning economy. Isn't that good for Steemit as a whole?
Steem indeed is the ONLY crypto where you 100% understand why you buy it.
Bots are the application where you could actually spend your crypto and enjoy the service they provide.
But is this healthy? I am not so sure.
If they are used to promote quality content they are a good thing in my opinion.
But I see the worst content upvoted for more than 50 SBD. I think the bot owners have a responsibility together to keep Steemit as clean as possible from these content farmers.
But if we can tackle that problem I think paid upvoting is a good thing and makes Steemit into a functional economy for quality content.
What I would find interesting is which group is using these bots more. Are it the already established Steemians or is everybody using them.
I do have a feeling that it would be mostly used by the more wintered Steemians and the usage will decrease when going down the foodchain.
Also requested this at Penguinpablo, if it is possible to dig this up.
Great work guys.
Exactly! I wondered about that too!
@bronevik Talking about bots and curation trail for minnows or anyone with low SP. I guess its really not helpful right? Please enlighten me
Votes less than 0.01 sbd are not even counted anywhere. Most minnow and low sp votes are just load for the blockchain.
Hmmmmm I see. So if I understand clearly, you're saying minnows need not bother voting people. I guess so
I've seen several, they say somewhere around 20% directly, but then another percentage is accounted for in bot follow votes to get curation money. Also, this article doesn't take into account the fact that the bots are using delegated votes, so that one bot casts many votes, under different names. I don't think there's any validity to this math at all.