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Steemit's Hard Fork 17. The Witnesses are Planning a Whale Smorgasbord and Plan to make it Look like generosity!! by ebryans

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· @ebryans · (edited)
$2.72
Steemit's Hard Fork 17. The Witnesses are Planning a Whale Smorgasbord and Plan to make it Look like generosity!!
<center>![img](https://i.imgur.com/djjw7Hi.png)</center>
<center>Image: Pixabay</center>

## The proposed changes to the steemit platform in the [HF17 document](https://github.com/steemit/steem/releases) just released have one sector of the steemit community in mind. When I say it has one sector in mind, it will produce a whale binge of such enormous proportions as to make Arnie look like a jockey.

## I did write a very detailed analysis but I thought you might find that a tad dull – it is dull. Instead this is what HF17 means.

The creation of multiple accounts has never been easier or cheaper.

You may post as many times a day as you like – the protections against bot posting and spam posts are being removed.

## [Edit - subject to confirmation by @abit]
Thank you very much @abit for your corrections of my numbers. I apologise for getting it wrong before. It was by no means intended! The wording of the document is not the easiest to follow. I am not sure where the 9.5% token comes into play ...
Maybe I should explain any changes!
Therefore, this is my understanding:
![img](https://i.imgur.com/cE0JQ2q.png)

The distribution % is slightly different. It does not however, affect the capability of whales to hijack the rewards pool. There will be bot posts, bot comments and bot voting on an unprecedented scale.
All I have here is a tiny influence on the way in which votes are counted and valued.
I do not have an answer to the invitation to rort the system.
[End of Edit]

<center>![img](https://i.imgur.com/5aeTVRz.png)</center>

<center>Whales, we the people ... we are not stupid! Image: Pixabay</center>

There is an entirely separate reward pool for comments. There is no definition of a comment. It could be as little as ‘hi’.

Comment vote recipients may nominate the recipient account of the vote rewards. In other words, Whale A publishes a post via a bot in a new alter-ego account. Whales A,B,C,D,E,F,G and H comment ‘hi’ on the post (probably via a bot) and they all vote upon each others comments. Then the rewards are distributed to other accounts.
Then a few more comments (via bots) and the same thing happens.

**How do you find this post?**

It is not in trending because the comment reward pool is separate from the post vote pool. The rewards are all scattered about.
The whales say what a great job they have done with decentralisation – look at the huge distribution difference!!

<center>![img](https://i.imgur.com/6oVyAFE.png)</center>
<center>The Disappearing Very Fat Whale. Image: Pixabay</center>

The rewards pool has just been hijacked and the rewards have gone …. To where?

What happened to the flattening of the rewards curve and the n2 realignment?

**Why is it that there are, allegedly, two witnesses who are already refusing to put these protocols into effect?**

Witnesses, I would suggest an explanation to the steemit community before you put these measures into effect. There are already people on strike … this could become an epidemic.

Again, may I please ask you to read some recommendations which will deliver a safer future for steemit: [Suggested amendments to the Steemit Platform](https://steemit.com/steemit/@ebryans/steemit-suggestions-and-rationale-i-hope-that-this-will-make-people-think-their-own-thoughts).

## Follow @ebryans for Content:
[<center>![img](https://i.imgur.com/JBVzLGB.png)</center>](https://steemit.com/@ebryans)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 73 others
👎  ,
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vote details (139)
@abit ·
@ebryans: while I respect you, before accusation, please make the numbers right.
👍  
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@ebryans · (edited)
Thank you for your comment and engagement in this discussion @abit. I am grateful to you for your willingness to see a good and well-researched interaction on these issues. Respect to you.
Please be assured that my observations do not carry personal accusations, though I can see why you might read my title and opening sentences as such. I apologise for any offence caused. They are observations upon a post made by @mvandeberg on github, entitled [Steem Simplicity 0.17.10](https://github.com/steemit/steem/releases).
In terms of getting my numbers right, I would be very grateful if you could tell me which numbers I have wrong and, should you be unable to furnishing the right ones, where I could source the corrections I need to make.
I took the HF17 numbers from the github post. Perhaps, there is something which I am missing?
Thanks again for joining in. It is very much appreciated. Namaste.
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@abit ·
>Author – 37.5%
Comments – 37.5%
Curation – 25%
>
>Actually, it is not even that. The liquid rewards pool which gets distributed is 60% of the gross – so it is 22.5% to the author, 22.5% to comments pool and 15% to curators.

Numbers are in the links. And a little math.
HF16:
9.5% new token will be created in the first year.
75% of them is content related rewards.
25% of the 75% goes to curators, and 75% of the 75% goes to authors.
HF17:
Among the 75% of 75%, 38% goes to comments and 62% goes to root posts.
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@smooth · (edited)
While @abit's numbers are correct in a sense, 25% (of the 75%) does not actually go to curators. 25% is only a maximum and the actual amount is significantly lower (due to the reverse auction). I've seen 12% but I can't confirm that is accurate.
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@freebornangel ·
You are rockin' it, mister!!

Not that it will make life any easier for you.
Doing the right thing will not get you many friends, but it will get you the right ones.
http://www.steemimg.com/images/2017/02/14/i-dont-often-cf79rf3e66e.md.jpg
👍  
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@bnoise · (edited)
I'm new here so I can't say if you're right or wrong.
However I hope the community will flag every bot comments and posts used to make money. Bots and multiple accounts makes no sense in a *social* network.

>What happened to the flattening of the rewards curve and the n2 realignment?

Maybe in HF18? Source: [sneak comment](https://steemit.com/simplicity/@steemitblog/update-on-simplicity-cutting-complexity-with-steem-0-17-0#@sneak/re-bnoise-re-steemitblog-update-on-simplicity-cutting-complexity-with-steem-0-17-0-20170316t225532396z).
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@ebryans ·
It might help you a little if you read this - [Steemit Suggestions and Rationale](https://steemit.com/steemit/@ebryans/steemit-suggestions-and-rationale-i-hope-that-this-will-make-people-think-their-own-thoughts) - it will give you some context to the way in which the rewards pool is currently distributed which has given 99% of all the rewards pool to less than 4% of steemians. This HF17 set of proposals makes things even worse.
I am sorry if you are new to this - you have arrived at a time of strange behaviours!
All I would say is that thee are a few very greedy people whohold the keys and they have managed to take 93% of the value off the platform through sheer incompetence and greed.
Stick with it, count the steem not the $ and post about what you like. The ways around the system look strange but you will get the hang of it. Please shout out if you ever want any advice on anything! Namaste.
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@bnoise · (edited)
Thank you! Yes I know there's a huge disparity in accounts power, and I like your Steemit Suggestion post (again, I don't know if they're all right suggestion but I agree with the 6 principles).

What I can't tell is if things will be worse with HF17. The scenario your describing will be possible, but will it happen? I don't know how thes whales think and behave. If they will not upvote and spam comments each others, the new reward pool will be better for average users, I think, because writing comments is easier than writing post.

Personally I'm not here to make money, I'm here to read interesting stuff, in a place where no censorship is allowed. So I'm concerned more about the voting system / botnet than Steem price.
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@dennygalindo ·
Flag because I disagree
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@ebryans ·
Hi @dennygalindo, I do not mind you flagging if you disagree. I think it would show some integrity though, if you could actually say what you disagree with and why. You are the only person who has found it in themselves to disagree with this all day. I admire you for standing up! Please enlighten me. Even the witnesses are agreeing with me - so, please explain! I look forward to your rationale.
👍  
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vote details (1)
@dennygalindo ·
I'll reply later been busy. Thanks for your comment. I usually look at this at night.
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@dennygalindo ·
I disagree because I think that author rewards should be lower. Even lower than hf 17 Content is not worth much at all . Curation and attention are what is valuable.
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@j3dy ·
$0.27
flag because I disagree, no worries I'm not that lame :D , he doesn't have to say anything he has learned well, :D why push conversation when we can wave flags :D
👍  
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vote details (1)
@freebornangel ·
Good job!!
Maybe we can block this hf17 assault on the little guys.
I just unvoted all that have already switched.
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@ebryans ·
There will be war
The whales do not care
Nobody really seems to have any get-up-and-go or willingness to understand.
It is such a shame
👍  ,
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vote details (2)
@abit · (edited)
I guess this is trolling.
If they don't care they should have upgraded already.
Check #witness-category, lots of discussions there.
👍  
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@freebornangel ·
I gotta figure 90% of the sleeple just don't care.
They come here to escape this stuff irl.
Persistence will continue to reward us, it looks like hf17 will go down in flames, as it should have.
👍  ,
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vote details (2)
@l0k1 ·
Automatic payout of rewards to other accounts is hardly going to make it any easier to do what people are already doing. A bot can automate these payments, if they fit into some nefarious plans. This change puts this function on-chain and makes it accessible to people without bots.

This business of bot voting you mention is highly specious. Votes are scaled according to SP *of the voting account*. Multiple accounts even with a sum of SP same as a single account do not have nearly the same power to affect rewards. And furthermore, the procedure you describe can be done already right now, posts, comments, whatever. So why is it happening so little now? Maybe because it doesn't pay off.

I am voting for the HF, FWIW. I think this is going to be a tight election but there's so much misconceptions about how the system works and what even the new ruleset will entail. I don't think partitioning rewards is really worth doing but maybe it will engage more users in conversation seeking to make the witty remark of the day. This is the only questionable element in my view. 

The rest of the changes are good, although I am uncertain whether they are still using a reverse auction on the extended single 7 day payout. They should be, because otherwise vote sniping (or downvote sniping).

I, like many other witnesses, want to see the square or better still, linear (no scaling of weight according to SP) rewards distribution curve. As a very niche writer and with infrequent posts, since the 'no whales voting' and 'whales downvoting whales upvotes' "experiment", I think my rewards have gone up maybe 3-10% or so.

It's more fair, and the power curve, log<sup>10</sup> turns whales into rockstars that every groupie wants to present lines on their rack to them for the privilege of getting votes. Right now, (and mostly unchanged in HF17),  50 accounts with a sum of 100,000 SP, ceteris paribus (all else being equal) versus 1 whale with 100,000 SP, the whale's vote still works out to (on average) more than 10x the group. 

Hopefully people will start to understand the actual situation. Yes, whales are overly affecting the payouts in the forum. It was designed to do that, and this was a dumb idea. So was inflating the steem to 300 million. I believe the person who was behind both of these ideas has recently, famously jumped ship. I don't think there is more than a few theories in the WP that actually were not thoroughly thrashed in the field.
👍  
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@ebryans ·
Mate, you might find this a more palatable option: [The Way Forward](https://steemit.com/steemit/@ebryans/steemit-suggestions-and-rationale-i-hope-that-this-will-make-people-think-their-own-thoughts)
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@mammasitta ·
Hmmm I have valid reason to be confused as I mentioned already a few times those past days. I really have to sit back and just relax . It's getting very hot here.
👍  , ,
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vote details (3)
@ebryans ·
I understand! This is, however, a really unpleasant set of protocols which will just massacre the engine room of content. There is really not much point in trying to write anything half decent!
👍  
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@mammasitta ·
I am still reading.....some things seem to be extremely fishy indeed. If you see my recent posts i only make fun  using just a few words.
👍  
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@happyphoenix ·
Yes, @mammasitta sit and relax, we are only ordinary user in this platform, let our trust give to @timcliff and I think he is the right person to carry on our hope about steemit. I hope the best thing happen. Nice !
👍  
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@personz · (edited)
Due to your comment spamming on @chitty 's [post](https://steemit.com/steem/@chitty/to-my-witness-supporters-lets-vote-on-hardfork-17), and your call for clarification of my objections, I'll detail it.

The crux of your argument is that whales will benefit from the hard fork with new ways to abuse the platform. In a way, I empathise with this and would oppose anything which is clearly _only_ giving power to whales, or increasing their advantage out of proportion with the rest of us.

But actually this is not the case here. While there is potential for abuse, as @timcliff pointed out, but in my opinion the good outweighs the bad. The cheaper and easier account creation is a benefit, so is removing the posting limits. Anyone who spams opens themselves up to flagging, which will reduce their rep and cripple their account, as it should be. I should underline that bots are not seen as a bad thing by everyone.

Your whale / bot commenting example in particular does not seem credible. You contention here comes down to the fact that whales can influence payout disproportionately, and through collusion. As long as power is stake based, we will have this with any change.

Collusion is recognized as a core problem of Steem, one that the founders were very aware of from day 0 and wrote in detail about in the original whitepaper. This is comment spamming by another name, and like any spam it opens the spammer to down voting. Obviously minnows flagging whale comments don't have much impact, and that's where the whale policing whale idea comes in, problematic as it is.

I believe we need some different changes to deal with the whale power disparity, changes which will not result in cutting features for most users, nor the freedom to the platform, etc.

But really, HF17 should be broken into a few hardforks, and we may see that.


> The rewards pool has just been hijacked and the rewards have gone …. To where?

Where ever they are allocated by voting, as it is now, but with separate pools. Your comment show you understand this, why sow the seeds of doubt?

> Why is it that there are, allegedly, two witnesses who are already refusing to put these protocols into effect?

Have you got a reference for this? Otherwise it is a rumor your are propagating.

Too much FUD, too little analysis. 😕 Also your numbers have not been updated since conversation with @abit, if you stand by your correction you should do this. Flagging now because it's poor informatively.

---

Just scanned through the comments and remembered your accusation of censorship. @sneak roundly rejected this, rightly. I've seen you commenting this around and it's not true, more FUD.
👍  
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vote details (1)
@ebryans ·
The post has been amended - as you requested, though confirmation that it is now correct has not arrived.

Re Comment Control. How do you interpret this? Direct from Github post:
**"Comments can now be permanently edited."**
"We are adapting a new model of imposing as few restrictions in consensus code as possible and having witness actively reject transaction for both rate limiting and security. There is a soft freeze of 7 days that will be lifted with a non-consensus operation. This custom operation still needs to implemented, but will be included in 0.17.1. The operation will be a plugin op in the witness plugin that will inform a witness to accept edits for the next T minutes."
Re witness statement: yes I do have a reference. I am not in the habit of exposing people to be harangued.
Generally, in a social media context, I can see the need for more than one account for certain people. When multiple accounts are managed purely for the manipulation of the platforms protocols, do you see this as a good thing? It can only benefit 'gamers' who are a blight upon the platform.
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@personz ·
Glad to see that amendment 🙂

As I understand it, they are expanding tools for what is already possible as an official patch (i.e. the hard fork). Imagine this: I copy the Steem code (also confusingly called a fork) and customize it to reject some transactions, perhaps from certain users. I'd have to be a top witness for this code change to matter.

It's possible there are witnesses doing this right now. As far as I know from the whitepaper, which unfortunitely is out of date (would be great to get an update of this), any witness who is granted the turn to produce a block can refuse to include certain transactions already. The of witness voting is that if someone is discovered to be doing this, they can be publicly admonished and lose their votes (assuming people care!). So as long as other witnesses can observe these transaction rejections, we can be fairly certain it's not happening. This does not change with the HF. Witnesses will always have this power, that's why we should only vote for trustworthy ones.

I'm not sure what the particular details of the change entails, it's quite hard to tell from this description, but what it looks like is actually something that could be implemented in a _soft fork_, i.e. something which if not adopted by all witnesses would not cause incompatibility, except the "soft freeze", whatever that is. I'm reaching the limit of my knowledge here (bump to @l0k1 or @timcliff maybe to comment?) but it looks like no more or less censorship.

One thing to take into account - if it did somehow result in censorship, as long as we can become aware of it and can communicate (hello steemit.chat), the hard fork would likely be reverted by honest witnesses. At the end of the day we must depend on each other _as people_ in such situations where the tech fails us. In my opinion we really need to see what happens here before slating the HF, and since in my estimation it effects seem to be positive, I remain support of it (for what it's worth 😅)

Re: multiple account creation, there are no changes to this situation, people can still make more than one account as there is no verification. This is an extremely important possibility to allow for. One change however seems to be that one will not be able to make a more or less completely anonymous account any more, as outlined [here](https://steemit.com/steem/@l0k1/hardfork-suggestion-anonymous-steem-account-creation-on-chain) by @l0k1. It actually looks like a step in the direction of multiple account accountability, as it might be easier to trace the spawn trail of sock puppets. But really if we are to become a one person one account platform, we will lose many freedoms and privacy.

Re: re: witness statement, then I will have to dismiss it, there is no way to independently verify that conversation.
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@screenname ·
Re: Steemit's Hard Fork 17. The Witnesses are Planning a Whale Smorgasbord and Plan to make it Look like generosity!!
<p>This post has been ranked within the top 50 most undervalued posts in the first half of Mar 17. We estimate that this post is undervalued by $3.31 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-mar-17---part-i">The Daily Tribune: Mar 17 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
👍  , , , , ,
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vote details (6)
@thecryptofiend ·
I'm sorry I didn't get to this earlier.  I think you raise some legitimate concerns but these things have been discussed many times before both for and against.  The only way we will know for sure is to try it out.
👍  ,
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vote details (2)
@timcliff ·
$0.58
@ebryans - there are a lot of ways to use the platform for good and bad. You are right that there are new ways to abuse the platform, but there are also a lot of good things that will come from it as well. I encourage you to read <a href="https://steemit.com/hardfork/@timcliff/latest-info-on-hf-17-from-github-date-tentatively-set-to-tue-7-march-2017-16-00-00-utc-11-00-00-est">this post</a> with an overview of the HF. It is a _little_ out of date (a few minor changes have been made since I wrote the post) - but it is fairly close. 

I will be deciding on my support for/against the HF this weekend and posting my decision and reasoning in my witness post.
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vote details (6)
@ebryans · (edited)
Thank you for your candour @timcliff, I am afraid that there is not much that can be said about HF17, other than "burn it" - it even legitimises censorship. So steemit now comprises censorship (due to the dreadful structure's disdain for people) and massive centralisation. These two things are supposed to be the freedoms which set blockchain enterprises apart! Upped and i hope very much that you will see fit to kill this foe. You should!
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vote details (1)
@stellabelle ·
$0.11
I feel that timcliff is the user's fearless leader. Why? Because he COMMUNICATES....
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vote details (3)
@ebryans · (edited)
@stellabelle, I could not agree with you more! Much as I believe that the witness programme is full of conflicted interest and should be divided into: 1. functionality and outsourced 2. Policy/protocol group which has four HF's per year (maybe 0,1,2 or 7 changes) and that the population of this group should be from across the community, not JUST whales who feather their nests, as in HF17.
Back to your point, @timcliff should be recognised not just for the huge workload he gets through on behalf of the platform but also for his unusual capacity to turn up and be counted in situations such as this. He is by no means a huge whale but he is a damned good bloke!
It would be refreshing if @ned came to give his version of HF17!!
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@timcliff ·
Thanks @stellabelle! :)
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