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The main excuse for malicious down-voting is "Over-Rewarded Content..." What about the account making $10k+ PER DAY in spam comments? by kennyskitchen

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· @kennyskitchen ·
The main excuse for malicious down-voting is "Over-Rewarded Content..." What about the account making $10k+ PER DAY in spam comments?
#### What the heck are you talking about Kenny - nobody makes over $10,000 per day on the same copy & pasted comment over and over!

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Well, that would be nice if it was true...

But it's not.

This is something that was really just brought to my attention by the new [HiveAlive](https://hivealive.io) front-end that @ura-soul built, which includes an [untrending report](https://hivealive.io/untrending).

I wasn't surprised to see who most of the biggest down-voters, or down-voted were... except for the one at the very top of the "down-voted" list...

@hbd.funder - Down-voted for over $1000 in the last 7 days, when I first looked.

How was that even possible?

I never see posts from this account, certainly not up at the top of trending or anything...

Well, turns out that it's quite easy:

![](https://files.peakd.com/file/peakd-hive/kennyskitchen/Eo2BPsfrpgNhfq7RXLRU9ccuXGSfhdpouJ4PA2yVQaaFQ6gFYxP65bf1hrQv7faZeBX.png)

---

#### Every day, this account makes 10 of the same one-line comment.

#### Then, those comments are all auto-voted by some of the biggest whales on Hive...

---

![](https://files.peakd.com/file/peakd-hive/kennyskitchen/23t79KyDEWbnMZq2bzym4tPAhCUc52YCoCpaoKYaG5dZMmA5CnfEgvcQixbUd45BduSWn.png)

---

Now, the idea is that this is all a "good thing" because 100% of the funds go to the @hbdstabilizer...

Well that sounds like something good, right? Helping to stabilize the price of HBD?

Seems like the sort of thing we could simply use a DHF proposal for though, doesn't it?

Oh, right...

![](https://files.peakd.com/file/peakd-hive/kennyskitchen/23u6YyruoJCbDjCE13V9faBvsESVVNZ2W7Gj1iZAgGh6qpCiZvGsTBD9FUBfBGUyqE8r7.png)

#### There's already a proposal for over $75,000 PER DAY to pay for the stabilizer.

I guess that isn't enough?

Good thing up-voting posts & comments isn't supposed to have anything to do with content creation or the mythical "Proof of Brain" right?

---

#### So...

What's the main benefit of using comments and mass up-voting them this way?

From what I can see there are a couple of main benefits being derived for the people doing this.

The first, "legitimate" reason, is to simple get more funds going to the stabilizer... but they just keep raising what the proposal on that pays out.

The second, most important (from what I can tell), is that it allows these large stake-holders to use all their voting power, without ever giving anything to anyone else. **Look at the voting done by [@blocktrades](https://peakd.com/@blocktrades) - it's almost 100% these spam comments. And BT earns upwards of 100 Hive in curation rewards for every one of those auto-votes.**

![](https://files.peakd.com/file/peakd-hive/kennyskitchen/23tHbFN1YufvwceUYk1rUkXw4Q3cT3Szs1Xv5ZvLbbkx88gDW7GkVHEiaSkaqgHMPeqsj.png)

The third reason is actually something of a subsidiary of the first one. The thing about the "DHF" (Hive's DAO) is that it, like the top 20 witnesses, is decided purely by the biggest stakeholders... Blocktrades being up near the top of that list, along with Smooth (who runs the stabilizer...)

That means that this project to "help the community" is actually just creating two massive streams of inflation-based income (the proposal and the comments), creating a massive feedback loop to ensure that these folks maintain their relative stake.

---

#### Just remember this when you see some of these millionaire keyboard warriors zeroing out actual content creators and down-voting all the independent journalists using Hive, all under the excuse of "over-rewarded."

---

It's quite clear, just as happens in any game of Monopoly/Capitalism - those with the "capital" will do everything they can to keep it to themselves, only decentralizing that "stake" to the extent that it is absolutely required to prevent full-blown revolution of the serfs.

---

#### Doing My Part

I will be using 100% of the @tribesteemup account's down-voting power on these comments, indefinitely.

It can only knock about $70 off of each one of those comments, but that's $70 that can potentially get into the pockets of more than just the same couple of people.
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vote details (356)
@azircon ·
$4.02
# wow! And Kenny the Sherlock Holmes found this out

# wait, who wants CIA!
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vote details (7)
@acidyo · (edited)
$1.32
At this point it just looks like they're grabbing onto any opportunity to attempt to make themselves look better while shilling their new token they've created, it'd almost be funny if it wasn't this sad. 
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vote details (5)
@azircon ·
$0.90
And funny that it is a "hive-engine" token and there are 1000s other tokens :)

I can create a hive engine token in 5 min :)
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vote details (6)
@kennyskitchen ·
$0.02
> *while shilling their new token they've created*

Haven't created any tokens... you're just publishing things you know to be lies, again.
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vote details (1)
@ura-soul ·
$0.02
I have no clue what you are talking about here. There is a new token on the way, which I have briefly mentioned when people accused me/us of doing nothing to try to improve the situation for content creators who are counter MSM narratives. However, no-one even mentioned it in this or any other relevant threads and I haven't seen anyone shilling it. I think your accusation here easily applies to you more than anyone else here.
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vote details (1)
@blocktrades ·
$30.20
>  And BT earns upwards of 100 Hive in curation rewards for every one of those auto-votes.

I vote for the stabilizer because these funds ultimately go to the DHF so that the chain can build up enough of a war chest to support more development. I believe the future of Hive depends on increasing the amount of development that is done, and the blocktrades development team, as strong as it is, can only contribute so much.

As @smooth has pointed out, I make the same curation rewards regardless of which posts I vote for (as long as those posts aren't actively downvoted, of course). If you check my curation rewards on something like hivestats.io, you'll actually find that my curation rewards tend to be a little lower than the optimal return. I haven't really bothered to analyze why.

You're trying to argue that voting this way somehow builds (or at least maintains) my percentage of the stake, but that's not how it works: my stake erodes via the inflation regardless of whether it goes to the DHF account or to any other account. This is basic math. If you believe you can demonstrate otherwise, please show your work.

TLDR; I vote this way not to maximize my personal stake percentage (this doesn't do that), but because I believe it is the most beneficial thing for the long term viability of the network right now. It doesn't take a lot of effort to see that it is the work being done by devs that is bringing new users to the network.
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vote details (23)
@huckleberrie ·
Coincidently,
Who gets their projects funded by the DHF.

The amount of vests needed to get funding is very unlikely to get past the threshold. So all the build up in the DHF and the literal cartel of votes ensures only one thing. Those with the power will keep it by funding their own projects through a common fund.

It is an exact duplication of government corruption, Where taxes are used to support a friends company.

By design or not, that is what is there.

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@blocktrades ·
$0.92
I don't have any projects funded by the DHF. At the beginning of Hive, I planned to eventually use proposals to fund the work my team did, but in the meantime I made so much money in crypto investments that it didn't seem necessary economically, so I decided to treat it as a personal donation to Hive instead.
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vote details (2)
@kennyskitchen ·
$0.47
> *I vote for the stabilizer because these funds ultimately go to the DHF so that the chain can build up enough of a war chest to support more development. I believe the future of Hive depends on increasing the amount of development that is done, and the blocktrades development team, as strong as it is, can only contribute so much.*

These seem like valid reasons to support the project.

> *As @smooth has pointed out, I make the same curation rewards regardless of which posts I vote for (as long as those posts aren't actively downvoted, of course). If you check my curation rewards on something like hivestats.io, you'll actually find that my curation rewards tend to be a little lower than the optimal return. I haven't really bothered to analyze why.*

My point here wasn't anything to do with higher or lower curation rewards - but **the fact that curating usually spreads stake out - by giving it to the authors.** In this case, you and OCDB and the others are able to maintain the same curation rewards for yourself, without giving a penny to anyone else. That's the definition of centralizing.

> *You're trying to argue that voting this way somehow builds (or at least maintains) my percentage of the stake, but that's not how it works: my stake erodes via the inflation regardless of whether it goes to the DHF account or to any other account. This is basic math. If you believe you can demonstrate otherwise, please show your work.*

I just addressed part of this directly above - your **relative stake** is being protected, by not giving author rewards to users, and even moreso by instead sending all of that to the "DHF," which you pretty much single-handedly control at this point.

> *TLDR; I vote this way not to maximize my personal stake percentage (this doesn't do that), but because I believe it is the most beneficial thing for the long term viability of the network right now. It doesn't take a lot of effort to see that it is the work being done by devs that is bringing new users to the network.*

I'm not claiming to know your intentions, I don't know you at all.

The point of my post was to shine some light on the utter hilarity of curangel & ocdb zeroing out posts, negging out people's reputations, and always chanting about how they're doing it to "protect the rewards pool" and limit "over-rewarded content."

The fact is, Nothing changed from Steem to Hive, except that StInc & Ned were replaced by you and your team.

Still just an oligarchy, pretending to be decentralized, and actively driving away all the content side of things at this point (which seems much better for your stake and the blockchain anyway)
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vote details (8)
@acidyo ·
$2.35
> In this case, you and OCDB and the others are able to maintain the same curation rewards for yourself, without giving a penny to anyone else. That's the definition of centralizing.

Really shows how clueless you are. @blocktrades has been voting for the spanish community up until some time ago and only had about 50% VP for @hbdstabilizer, now he's still supporting the Haveyoubeenthere community. 

@ocdb only throws a few votes on hbd.funder because price went up a lot while new content creators and content hasn't increased that much and we don't want to just give authors unrealistic high rewards as mentioned in [this comment](https://peakd.com/hive-167922/@acidyo/re-daltono-r4iqth) that was placed before this idiotic post insinuating bullshit like usual. 

But hey, anything goes as long as it fits your narrative I guess. 

> your relative stake is being protected, by not giving author rewards to users, and even more so by instead sending all of that to the "DHF," which you pretty much single-handedly control at this point.

just because he has a big say on which proposals the DHF funds go to doesn't mean they're going to him nor does it mean proposals couldn't get funded without his vote. 
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vote details (8)
@blocktrades ·
$1.11
> even moreso by instead sending all of that to the "DHF," which you pretty much single-handedly control at this point.

I don't have a fraction of the stake that was owned by Steemit and Ned, and you can do some basic math and see that I don't have control over the DHF. No one does, the stake is too spread out in Hive.

I have voted for proposals that didn't get funded and there are several proposals right now that I'm not voting for that are funded. You could have spent 5 minutes checking the votes on the currently approved proposals and figured this out.

In fact, the one proposal I did create, to fund the work we did to setup the imagehoster during Hive's launch, didn't get fully funded. It took 3 days to get enough votes, so we didn't receive 3K of the 53K we asked for, IIRC).
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vote details (7)
@preparedwombat ·
$0.79
>The fact is, Nothing changed from Steem to Hive, except that StInc & Ned were replaced by you and your team.

It looks like *somebody* hasn't been paying attention.

But BTW, complaining about someone else’s upvoting or downvoting is utterly pointless. People can upvote or downvote for ANY reason. Their stake, their choice. It’s not rocket science.
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vote details (3)
@smooth ·
$4.95
> curating usually spreads stake out - by giving it to the authors

DHF give funds to developers, marketers, some sort of charity thing I'm not familiar with, etc. which also spreads stake out, to the extent that they don't sell it (which is equally true of post payouts).
👍  , , , , , ,
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vote details (7)
@cellard00r · (edited)
$0.09
Really interesting. I will save this for later reading, it will take a while for sure, but I'm really interested in this. 

I'm taking my time to figure out who all hive bc works before putting my material, time and efforts on it, this, maybe, can help. Thank you, @kennyskitchen. 
👍  
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vote details (1)
@dangerbald ·
![untitled.gif](https://media.tenor.com/images/e77457ac6fc7f36f50db09c97e4f99da/tenor.gif)
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@dylanhobalart ·
$0.03
Thanks for sharing! Did not even know this was happening. Going to look into it.
👍  
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vote details (1)
@frankbacon ·
$0.23
HIVE!D

I was called a "Thief" by one of these Hypocrites. I'm going to see how he addresses me in the open. 

https://youtu.be/Mfu_iFS-UY8
👍  , , ,
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vote details (5)
@regenerette ·
I was called a fraud for months while waiting for them to support that info with real facts. I have hurt many egos. I have disclosed classified info. Who cared?
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vote details (26)
@frankbacon ·
$0.17
https://youtu.be/674I36ZKnBQ

Write it down here... Make it concice... Copy/Paste if you like... Plagairize too if need be. This is business software!


![Screenshot_20211225-153038~2.png](https://images.hive.blog/DQmTDV4bM5wuBZu6KiKbHQA9L3pQNKhZDddXu5Afs2BC9Bj/Screenshot_20211225-153038~2.png)
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vote details (5)
@jaxsonmurph · (edited)
Blah
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@lucylin ·
$0.02
While I think your're misguided, and not too bright - I'll defend your right to say _whatever the fuck you like_  -  without any  acts of  oppression and control via downvoting.

....you also have skills that  I do not posses,  and I wanted to collaborate on something with you re hive - hence the twitter messages -  but you're intellectual insecurity prevented you from civility , and thus stopped the idea ever being perused, which was a shame. 
'Levels of competence' are great things to be aware of (within yourself). 
Then you find real power (rather than floundering around  in places where  competence levels are mismatched).

Happy Christmas, you old commie !
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vote details (6)
@poshtoken ·
https://twitter.com/ReGener26717025/status/1475672215161032708
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@truthforce · (edited)
$0.18
Why downvote my comment on @informationwar when I'm asking questions?

Please fill me in on what I am asking. I genuinely dont understand this
👍  , , , , ,
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vote details (7)
@yayogerardo ·
$0.24
Many of us have been booted off their discord just for questioning their fixed fake narrative and their actions.

We have been saying this from getgo. Glad that it is finally getting some real traction. 

> Off with their heads!
- Queen of Hearts
👍  ,
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vote details (2)
@hivebuzz ·
Congratulations @kennyskitchen! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@kennyskitchen/replies.png?202112290310"></td><td>You got more than 7500 replies.<br>Your next target is to reach 7750 replies.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@kennyskitchen) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hivebuzz/@hivebuzz/pud-202201"><img src="https://images.hive.blog/64x128/https://i.imgur.com/i4ysvke.png"></a></td><td><a href="/hivebuzz/@hivebuzz/pud-202201">PUD - PUH - PUM - It's all about to Power Up!</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/christmas-challenge-1000-hive-power-delegation-winner"><img src="https://images.hive.blog/64x128/https://i.imgur.com/p7iwfiD.png"></a></td><td><a href="/hivebuzz/@hivebuzz/christmas-challenge-1000-hive-power-delegation-winner">Christmas Challenge - 1000 Hive Power Delegation Winner</a></td></tr></table>

###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22199%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/199)!
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@informationwar · (edited)
$0.28
If I understand this right, and please anyone feel free to correct me if I am wrong on this by explaining, but all of these top voters have some of the best curation% APR I have seen on the platform.

Is this how they are achieving that? 

For the people who are upvoting comments to fund the hbdstabilzer, what is the purpose of this? Why doesn't the HBD stablizer just request 86k HBD/day instead of 76k HBD/day so that nobody has to upvote those comments, and then the voting power from these curation groups can then go to actual content creators?

Am I missing something here?

You can see the curation APR of anyone by going here and changing the @name


https://hivestats.io/@blocktrades

EDIT: The above comments seem to conclude that the reason there is a 12% APR on HBD holdings is due to the stablizer.


![image.png](https://images.hive.blog/DQmaTM6AMMjiyoMi8AH7CgHMmntQtNvbMRhFNPS9kicywk6/image.png)


That is not something I have kept up with, but I do see in my wallet it says it is 12% if I have the savings in HBD. 

I am still unsure about what reason specifically is needed for upvoting comments vs just asking for more in the HBD payout via the DHF. To me, it seems like asking for more in the DHF would pass the proposal on the vote so I don't understand why comments are being voted on.
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vote details (7)
@frankbacon ·
$0.93
>Is this how they are achieving that?

YES!
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👎  
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vote details (4)
@smooth ·
$0.02
Everyone who uses their voting power (10 votes per day) earns the same curation rewards, except for being downvoted or late votes (after 24 hours).

This didn't used to be the case, but now all you get for curation rewards is a mostly-fixed ROI for participating in using your stake to direct where rewards go rather than being completely passive.
👍  , , , ,
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vote details (5)
@informationwar ·
$0.05
Why not just ask for 10k more per day in funding proposal instead of getting 10k from upvoted comments tho?
👍  , , ,
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vote details (4)
@zedikaredirect ·
$0.28
Interesting and makes sense although i don't understand everything it could involve, possibly also moves rep up ? if more money was needed it could just be increased, agreed.
 
I supported this proposal in the beggining as a way to stabilize the HBD, there is a big part of the comunity that will / would support this idea because of having a backed dollar coin which was listed since steemit, but there was no code to support it, there was an account there doing this experiment before the fork, because it was created with a low supply it's weird.

How would it work ? I don't know, most fiat pegged coins out there have way more supply which makes it more logic for the coin to be worth less and control or mantain the 1$ value, the backed dollar coin from steemit and hive has a **lower** supply than the native coin, i agree that this "stabilizer" doesn't seem a good solution long term, but it's out of my reach to sugest anything and i don't know if there are solutions being worked on. 

This argument of overrewarding, like by what criteria ? India, USA, Europe, Russia, China ? And what about the matrix of withdrawl, is the user withdrawing every month or did he became a millionaire by holding, and why or what is bad ? There doesn't seem to be a criteria defined. Mostly it seems attacks on independent journalism and tought.

PS: Just to sum up that basically the coin will rocket up if there is no "stabilizer", just like SBD is now.

PS2: That is an amazing project hivealive and it brings truth to light



👍  , ,
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vote details (3)
@jamesc ·
$0.08
Kenny, I would appreciate it if you would talk to me about your down-voting plan first.
👍  
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vote details (1)
@jesustiano ·
$0.03
Read this a couple days later than block trades and everyone spoke up, read every comment and i came to realice why i love hive. Trans-fucking-parency. Had a great time reading every response, every word said here. 

Why i wanted to comment that, someone has to point it out, that you got partial answers on every subjet, that everyone walked inn and spoke their lines, noone tried to act like a fool or lie, how many times have you seen someone in power actually DO THAT? These big rollers and votes could push it out with the hp, but they dint, they talked it, and that is what amazes me in Hive. 

Big hug to the community, this kind of engagement is what makes me actually read post on the platform.
👍  , , ,
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vote details (4)
@kennyskitchen ·
$0.19
> *Why i wanted to comment that, someone has to point it out, that you got partial answers on every subjet, that everyone walked inn and spoke their lines, noone tried to act like a fool or lie, how many times have you seen someone in power actually DO THAT?*

Ya, it turns out when you start going after their pocketbooks (by downvoting the hbdfunder comments for over $1000, and making a post about it) they suddenly want to talk calmly, after months of BT and others ignoring what's going on, and the whales paying attention mostly publishing libel, zero-ing out every post talking about it (like they did with this one), and ignoring most every question asked.

---

> *These big rollers and votes could push it out with the hp, but they dint, they talked it, and that is what amazes me in Hive.*

What? They zero'd out the post, removing all rewards and dropping it to the bottom of all the algorithms **so I spent 20 Hive to promote it, which is why people saw it.**

![2021-12-30 10_51_57-Kenny Palurintano - @kennyskitchen _ PeakD — Mozilla Firefox.png](https://files.peakd.com/file/peakd-hive/kennyskitchen/23viRXVAU5N4tfTEvzu5HdKNVCFmLfp7KqSzBD8VkpafPRQTDN33PbPbTv9iyDQ9H8Jgb.png)

---

My next two posts will most likely be just collections from the comments of my last few (since there's over 900 comments).

One post of the most beautiful, thought-provoking, and on-point comments that have been left (since most people will never dig through hundreds of comments to find this gold.)

And, one post of all the cliff-hanger questions, where these folks will talk BS in circles until you pin down that last comment that just has a couple specific questions they've been avoiding... They never reply to those ones. Weird, huh?
👍  , , , ,
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vote details (5)
@jesustiano ·
$0.30
We need to fix vyb website, it dint show me hive at all, i dint even know that you got 0 out, if i knew i would have write something totally different :S 


Well show us those specific questions :)
👍  , , , ,
properties (23)
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vote details (5)
@joelagbo ·
$0.30
lol, it's funny and the same time an eye-sore. I get downvotes for 'over reward' on 40$ payout and now this. Stabilize HBD? what does that even mean, lol. It's all fun and games right now. Too bad.
👍  , ,
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vote details (3)
@l337m45732 ·
$0.06
Very eye-opening. The blockchain doesn't lie. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@l337m45732/re-kennyskitchen-6of5ly)
👍  
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vote details (1)
@lucylin ·
$0.33
'Waking up and _really_  smelling the coffee',  can be a painful process, matey....
👍  , ,
👎  
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vote details (4)
@kennyskitchen ·
$0.08
Luckily, I'm a big fan of the feeling of disillusionment. Not many things so uncomfortable, and so important.
👍  
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vote details (1)
@lucylin ·
$0.06
....still a pisser though....
👍  
👎  
properties (23)
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vote details (2)
@mammasitta · (edited)
$0.33
Didn't we have that kind of shit happening on steemit before or something similar? Wasn't smooth a part of that idea? 

They called it : The Experiment and I was downvoted for my little rewards I earned. 

I am kind of glad I kept myself distant to this platform and just observed....

Nice writeup Kenny! Some might not like It but for me it is very informative
👍  , , , ,
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vote details (5)
@smooth ·
$1.41
The experiment was making the reward payouts more linear by downvoting when a lot of votes were piled onto one payout. At the time reward payouts were quadratic (twice as many votes earned four times the reward).

Over the time the rewards themselves became linear effectively codifying the experiment into the blockchain itself.
👍  , , , , , ,
properties (23)
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vote details (7)
@truthforce ·
$0.43
It's a small club and we arent in it.
👍  , , , , ,
👎  
properties (23)
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vote details (7)
@mammasitta · (edited)
$0.07
Thats what I started to understand and left the 'Scene' even though I am thankful from day one to be a part of the community. I joined in the 2nd month of steemit's existence and I am still grateful for this adventure but I am disappointed how centralized the life on most blockchains actually is dear @smooth Thanks for your time to explain your intentions you guys had those days and now again.It was a rude and impolite way IMO.   
I am an Idealist and have hopes, maybe I will start writing again to share my thoughts with the purpose to motivate and inspire good people here. As I mentioned before, I rather only observe for now where 'IT' will go this time. Many will leave....
👍  , ,
properties (23)
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vote details (3)
@manniman ·
$0.08
You can be right and wrong at the same time. It’s not a matter of truth or power, it’s a matter of consciousness and coincidences.


Btw. congratulations, these comment sections are biblical.
👍  
properties (23)
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vote details (1)
@nathen007 · (edited)
$0.33
Lets get this right, you're a whale, complaining about other whales? You spend tens of thousands of dollars on Splinterlands, most of what you earn you use Reward.App to cash out immediately until recently, and are on almost permanent powerdown and control curation accounts with over one million in HP then you complain about other whales being capitalists! 
I cant figure out why you're so jealous or greedy. As I said to others, YOU didn't create this vehicle that gives us , especially you, so much for doing so little.
Now because others are using their stake, (in a proof of stake system in which you voluntarily participate) you're moaning. If its purely about getting your content out there to an audience, there are many outlets for you to choose from but yet you wouldn't move to one of them as you wouldn't earn such a huge amount of money as you do. 

This whole battle is not about censorship, that's a red herring, as is this post. No, its about CASH and you having rewards removed  Principals are great until moneys involved yeah?

Go do your thing in peace and accept the PoS and voluntary nature of this blockchain or don't...

PS. I dropped my huge 3c downvote on you because I don't like BS and hypocrisy. 
PPS Where are your principals when the little fish get downvoted? 
👍  ,
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vote details (2)
@kennyskitchen · (edited)
$0.47
> *Lets get this right*

Off to a good start!

> *you're a whale*

Nope. I have a delegation of a small-whale amount of HP, which I do my best to distribute across as many quality creators working for a better world as I can.

> *complaining about other whales*

I'm not complaining, I'm presenting evidence from the blockchain as I come across it, all of which seems to run pretty counter to the narrative being pushed by those who will soon zero out rewards on this post.

> *You spend tens of thousands of dollars on Splinterlands*

Yep, it's where well over 90% of my assets are at this point.

> *most of what you earn you use Reward.App to cash out immediately until recently*

For a short time, mostly to give 9% back to my curators, and to get funds into Splinterlands faster - until I learned that it eats some of your L2 tokens and doesn't give them back.

> *are on almost permanent powerdown*

Yep, since the day I started on Steem, I've lived 100% off steem, and thrown tons of events, fed thousands of people, helped launch tons of projects, given away huge portions of it.

> *and control curation accounts with over one million in HP*

Nope, actually if you add them all together it's still under 1 million in total potential voting power - 90+% of which is delegated to my by someone who trusts me, and is subject to being pulled back at any time (and has been before)

> *I cant figure out why you're so jealous or greedy.*

Not what's happening at all. You obviously haven't been following the larger conversation around down-voting, and the targeted attacks on many people, which this post is a part of - as were all my last posts for weeks now.

> *As I said to others, YOU didn't create this vehicle that gives us , especially you, so much for doing so little.*

If you think I've done "so little" for Hive/Steem, then you clearly don't know anything about me or what I've done (or you're just "shit-talking" like acid does)

> *PPS Where are your principals when the little fish get downvoted?*

I counter it whenever I can, I support freezepeach, and I delegate to and support others who do as well.

---

Tagging you @nathen007 In case you missed this - since you didn't reply, and went on to reply to others in the comments, seemingly without having heard/read what I said here.
👍  , , , , ,
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vote details (6)
@truthforce · (edited)
$0.30
The main thing I want to point out, amongst all the other things you got wrong, is you have the wrong attitude on powerdowns.

IF you are for more decentralization you would advocate whales power down and sell so that the resources are spread out.

Might you be confused on the concept and thats why you would criticize Kenny for powering down and selling?

Optimal conditions for decentralized proof of stake:

Does not need whales to function, ever.

Does not want whales, ever.

Wants staked resources spread out to as many people as possible to further decentralize.

Wants whales and early holders of large stake to sell so their large power hold over the entire chain as is eventually gone(75/25 rewards actually did that). Whales are a centralizing force, that control large amounts of power, all whales with excess staked resources are a potential threat vector to decentralization(block trades can unilaterally unvote top witnesses and drop them from top 20 right now, assuming nobody else counters with voting for said witnesses). 


I wont touch the other parts, just find it curious people want whales to be forever leaders, for some reason you "seem" to believe might = right and like a small amount of whales having power to assert their views.
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@enforcer48 ·
$0.69
> Wants whales and early holders of large stake to sell so their large power hold over the entire chain as is eventually gone(75/25 rewards actually did that).

The only thing that it incentivized was self-votes and actually accelerated a lot of concentration of power for those who didn't sell. I guess short-term memories about Haejin and Traf is a thing.

> I wont touch the other parts, just find it curious people want whales to be forever leaders

If you want to get rid of your share in governance, then feel free to do so. Don't tell other people that they should give up theirs because you can't help but throwing yours out for a mess of pottage.

People don't necessarily want them for leaders, but you certainly don't help your position by throwing away your power while they opt to not do so.

> Optimal conditions for decentralized proof of stake:

Is when people prefer to hold than selling. Obviously, there's no incentive for the "average" Hiver to hold HP, thus they sell.

Bigger chains like ADA have over 70% of the circulating supply locked up in people's wallets whereas it's much less so on Hive. Ask yourself why.

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👎  
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vote details (7)
@lucylin ·
Stop using logical arguments for a decentralization and a wealth distribution project .

"..you're not the kind of droids that the large hive accounts are looking for..."

Small clubs who ethos is 'mooooar' ,  only want very obedient and  non thinking  droids  - got it?
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👎  , ,
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vote details (6)
@nathen007 ·
$0.60
Whales are not 'leaders' they are influential in managing the platform and that's a huge difference. They do not directly effect my behaviour.

As for my mentioning his powerdown, you're right. He can do whatever he wishes with his stake but its hypocritical to then turn round and criticise others for doing whatever they wish with theirs.

I try to come with an attitude of gratitude for what I have been given  as opposed to whinging about what I don't have or even worse, jealous of what others have. Unless you wrote the code, you're always a guest at someone else's party and if you don't like the music, you either ask for some new tunes or you go find another party.

👍  ,
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@smooth · (edited)
$0.83
> Does not need whales to function, ever.

Yes and no. I sold a large part of the stake I once had, and then bought more using outside investment in the past couple of years. The current value of post rewards paid out is about $30 million per year. Without people buying in, with an inflationary system where people earn rewards that are often sold to cash out, the value of HIVE (and reward payouts) would crash, and no one would be happy.

Yes it is conceivably possible, without whales, to have a large number of small investors, say a million new investors per year each putting in $30 each, but I don't see that Hive or Steem has ever been successful in attracting that level of participation.
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vote details (6)
@nonameslefttouse ·
$0.93
And they would have gotten away with it too, if it wasn't for those blasted kids and their dog!
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@acidyo ·
It's sad I had to scroll down this much to read this gem. 
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@nonameslefttouse · (edited)
$0.16
I'm a happy ending.  It is kind of funny though knowing some went through all that work to create an app to highlight who's downvoted, only to discover those they'd been painting as villains are the most downvoted.  *I knew that without the app though... LOL*
👍  
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vote details (1)
@oldsoulnewb ·
$0.45
It's too bad that I can't spam upvote this comment.
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vote details (3)
@scholaris.pob ·
$0.06
Rough day today.  Your joke brightened it up a bit more.  Have a great day friend.  
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vote details (1)
@notconvinced ·
$0.30
I've disagreed with the hbd stabilizer from day one and I hadn't even taken into account the curation rewards those supporting put into their own pockets. The Oligarchy is strong on Hive.

Fellow peers, just realize an Oligarchy cannot become decentralized...
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vote details (5)
@kennyskitchen ·
$0.17
I sort of remember it being announced, but didn't pay much attention... then again, I'm pretty sure the proposal was only in the hundreds per day, as recently as a few months ago.

I also don't know exactly when the comment-voting side of it began, or if it has always been at this scale. Easy enough to find out of course.
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vote details (2)
@notconvinced ·
$0.04
I just saw the post in trending about it and said what the hell is this. We do need a stable coin if we want an effective way for users and businesses buy, sell and trade, but there has to be a better way. As is, it seems to mostly benefit the same group who holds us back from reaching any type of meaningful decentralization.

I did weigh in on that post, but it was mostly the groupies wanting big votes praising it. Now those votes are just being recycled for self gain and those groupies are seeing none of it...
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vote details (1)
@smooth ·
$0.43
The intital hbdstabilizer budget was 100 HBD per hour from the DAO, or about $2400 per day. Seeing both quantifiable and subjective success with that budget (as well as all of the funds being returned, plus profit), stakeholders have repeatedly voted to increase the budget.
👍  
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@smooth · (edited)
$27.54
hbdstabilizer and hbd.funder are supported because all of the rewards are returned and generate a direct profit for Hive stakeholders, generating demand to remove HIVE from the market (dalz quantified this at about 1 million USD a while ago, probably higher now) as well as increasing the stabilization of HBD, which has enormous potential to create value for Hive as @dalz, @taskmaster4450 myself and others have written about numerous times.

Generating a profit for Hive and removing HIVE from the market not only creates value for Hive stakeholders but also, to the extent it increases the HIVE price, increases the pool of rewards being paid out. @hbdstabilizer and @hbd.funder easily more than pay for themselves.
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vote details (17)
@enforcer48 ·
$3.61
They don't even stop and wonder how 12% savings interests make sense if HBD wasn't stabilized.
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vote details (7)
@tarazkp ·
The level of incompetence in this post and the comments of support is mindboggling. 
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vote details (3)
@calumam · (edited)
$0.16
Surely, you can't say that it's not a valuable post though? 

Your comment makes me wonder how you personally view Proof of Brain & Crowd Wisdom (the mechanics/concept, not the tribe).
👍  
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@kennyskitchen ·
$0.33
Thanks for adding nothing to the conversation, but making sure the Hive Oligarchy know you're defending them.
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vote details (3)
@tarazkp ·
Lols... Did you disagree with my views?
I think the comment is pretty on point.
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vote details (1)
@whatsup ·
Check out smooth's daily curation rewards.  lol.

I don't care, it's his stake, but it's eye opening.

:)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-kennyskitchen-6awwju)
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vote details (4)
@kennyskitchen ·
$0.47
Exactly, it's all just the rules of "proof of stake" - but to say the goal of the down-voting happening is to "protect the rewards pool" and make it (like the stabilizer) sound like some grand gift to the community - while raking it in.

I'm just providing evidence and a bit of snarky commentary, I leave everything else to the reader :-)
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vote details (2)
@smooth · (edited)
The goal of downvoting is not to "protect the reward pool". it is to direct the reward pool elsewhere, when the downvoter doesn't agree that payout is a good use of reward pool funds. The reward pool payouts are the same regardless, it is always paid out, the important question is where.
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@smooth ·
$0.61
My curation rewards aren't any different from any other stakeholder who uses their voting power, relative to stake. Since the last few hard forks, curation rewards were made linear, except to the extent of downvotes or voting late (after 24 hours). It no longer adjusts in any meaningful or complex way to small differences in curation "performance" and has been turned into a participation reward for using your stake to direct rewards. Most stakeholders supported this (though, to be clear, I was a bit skeptical).
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vote details (4)
@whatsup · (edited)
I like the change in curation rewards, less gaming, less frustration more reason to hold stake and curate.  I think it was good.  



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vote details (7)