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RE: 🗨️ NO Structure, NO Sense, NO Rambling, NO Silence, NO Thinking, NO

in NO Community15 hours ago

Overall, I'm not a fan of downvoting, but at present I definitely think it is a "necessary evil".

I believe that if the account was allowed to downvote, it would still be too weak to have a significant impact.

I think your team is on the right track with your semi-automated approach.

Thanks. It doesn't do anything too clever - although it saves any mistakes from switching between accounts.

All that the semi-automation does is enforce a few rules:

  1. It only votes when voting power > 95% - ensuring the recipient gets the greatest benefit possible
  2. It prevents votes going to other curators (who already benefit)
  3. It prevents a single user receiving too many votes (percentage-based)

The primary reason is the aim of optimising the rewards for each user - we also feel that it's a much more efficient use of time if it follows our own votes (under specific conditions) - an idea that the Steemit Team could potentially implement themselves and save them from distributing Posting Keys each month!

I guess maybe they're leasing SP, too?

I don't think the Steemit Team's leasing SP. Those delegations are all over 5 years old (circa Hive split by the looks of things). I'm fairly sure SteemHunt's nothing more than a reward farm now too. It's somewhat depressing to see how those users are using the power delegated to them. When there are enough people doing better, more valuable things.

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I believe that if the account was allowed to downvote, it would still be too weak to have a significant impact.

Probably true in the short term, but at least it would have sent a signal.

I don't think the Steemit Team's leasing SP. Those delegations are all over 5 years old (circa Hive split by the looks of things).

Yeah, I noticed the dates. Maybe just an exchange for witness voting. If so, it seems like the "statute of limitations" should have expired by now...

I'm fairly sure SteemHunt's nothing more than a reward farm now too.

I think it always was. Potentially interesting concept, but I don't think it was ever a great fit for Steem, as a platform. Same with dlike. I really like that concept, but curbing abuse is/was even more difficult than with long form posting.

It's somewhat depressing to see how those users are using the power delegated to them.

Yeah, not just those recipients, but other large investors, too. Slowly strangling the goose that lays the golden eggs is such a short-sighted perspective.

At some point, the price falls far enough for someome with better ideas to gain a foothold, but who knows when, and it's painful to get there.

Things will be different when I rule the world. 😉