You are viewing a single comment's thread from:

RE: What the FLAG is going on?

in #steemit • 9 years ago

Hi @majes - a new block will be produced every 3 seconds regardless of user activity. The blockchain will produce the same amount of rewards regardless of the votes. If nobody voted for 24 hours except for one minnow who upvoted your post, you would get 100% of the rewards.

9 years ago in #steemit by
$0.00
    Reply 5
    Sort:  
  • Trending
    • [-]
     9 years ago 

    Thanks @timcliff :)

    So then, if a third minnow enters the equation and votes for poster #1 but not poster #2 he then reduces the reward of poster #2 and poster #1 reward increases correct ?

    So, flags aren't needed for "guiding the reward pool" at all. Just up vote where you think a reward should go.

    [-]
     9 years ago 

    If two minnows with equal voting power each vote on two posts (with no other votes cast), then those two posts will each receive 50% of the reward pool.

    So, flags aren't needed for "guiding the reward pool" at all. Just up vote where you think a reward should go.

    That is not a valid conclusion (IMO).

    Let's say you have 20 minnows. 10 of them each vote for 10 unique posts that they think are awesome, and 10 of them collude together to upvote a 'crap post' and split the rewards. My math may be a tiny bit off, but I believe that the post that got 10 votes would get 90% of the rewards, and the other 10 posts would get 1% each.

    If a dolphin thought that was unfair, it could downvote the 'crap post', and then the remaining 10 posts would each get 10%.

    $0.00
      Reply
      [-]
       9 years ago 

      6 post deep thing is just annoying


      Increasing the domination doesn't change the mathematics.

      Let's stick to the 3 minnow example, if a third minnow votes for one of the 2 post and not the other he is in fact increasing one and decreasing the other.. He doesn't have to flag one to decrease it's value he simply needs to vote the other..

      Colluding ? Really ?

      So now the argument is conspiracy lol
      Hatches and Axes Tim, ya'll go ahead..

      $0.00
        Reply