RE: Steem Problems Can't Be Fixed With Hard Forks by programmingvalue

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @edicted/steem-problems-can-t-be-fixed-with-hard-forks

$0.11

A logarithmic soft cap at least makes it harder for whales to game the system, they need to manage a large number of accounts to self up vote with maximum efficiency, which is harder than having just a few.

👍 kjnk, edicted

`author`	programmingvalue
`permlink`	re-edicted-steem-problems-can-t-be-fixed-with-hard-forks-20181016t230435693z
`category`	steem
`json_metadata`	{"tags":["steem"],"app":"steemit/0.1"}
`created`	2018-10-16 23:04:36
`last_update`	2018-10-16 23:04:36
`depth`	1
`children`	3
`last_payout`	2018-10-23 23:04:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.088 HBD
`curator_payout_value`	0.019 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	206
`author_reputation`	2,087,259,996,059
`root_title`	"Steem Problems Can't Be Fixed With Hard Forks"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	73,441,616
`net_rshares`	94,525,061,748
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
kjnk	0 B		72,819,851,702	100%
edicted	0 B		21,705,210,046	20%

@edicted · Oct 16 '18 (edited)

Right, so as I've described in detail, the soft-cap creates a barrier to entry for exploitation.  You have to be a programmer to get around it.  In essence, the platform will get gamed even worse then it was originally because the new system rewards the whales who are also programmers.  It's even more centralized.

And then, a developer will realize they can make EVEN MORE money by creating a hack that allows every whale to exploit the system, for a nominal fee of course.

properties (22)

`author`	edicted
`permlink`	re-programmingvalue-re-edicted-steem-problems-can-t-be-fixed-with-hard-forks-20181016t231259376z
`category`	steem
`json_metadata`	{"tags":["steem"],"app":"steemit/0.1"}
`created`	2018-10-16 23:13:03
`last_update`	2018-10-16 23:15:21
`depth`	2
`children`	0
`last_payout`	2018-10-23 23:13:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	476
`author_reputation`	3,497,851,312,539,121
`root_title`	"Steem Problems Can't Be Fixed With Hard Forks"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	73,441,929
`net_rshares`	0

@edicted · Oct 16 '18

$0.03

This problem isn't going to get solved by a hard-coded solution.  It's going to get solved by the community working together instead of everyone running around like a chicken with it's head cut off.

👍 markkujantunen, edicted

`author`	edicted
`permlink`	re-programmingvalue-re-edicted-steem-problems-can-t-be-fixed-with-hard-forks-20181016t231934592z
`category`	steem
`json_metadata`	{"tags":["steem"],"app":"steemit/0.1"}
`created`	2018-10-16 23:19:39
`last_update`	2018-10-16 23:19:39
`depth`	2
`children`	0
`last_payout`	2018-10-23 23:19:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.024 HBD
`curator_payout_value`	0.007 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	198
`author_reputation`	3,497,851,312,539,121
`root_title`	"Steem Problems Can't Be Fixed With Hard Forks"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	73,442,175
`net_rshares`	25,812,244,640
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
markkujantunen	0 B		15,509,342,198	19%
edicted	0 B		10,302,902,442	10%

@programmingvalue · Oct 16 '18

$0.09

Steem needs a way to allow ppl to experiment with different economic/curation models

👍 kjnk, sergino

`author`	programmingvalue
`permlink`	re-programmingvalue-re-edicted-steem-problems-can-t-be-fixed-with-hard-forks-20181016t230454541z
`category`	steem
`json_metadata`	{"tags":["steem"],"app":"steemit/0.1"}
`created`	2018-10-16 23:04:54
`last_update`	2018-10-16 23:04:54
`depth`	2
`children`	0
`last_payout`	2018-10-23 23:04:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.068 HBD
`curator_payout_value`	0.021 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	84
`author_reputation`	2,087,259,996,059
`root_title`	"Steem Problems Can't Be Fixed With Hard Forks"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	73,441,626
`net_rshares`	72,954,574,030
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
kjnk	0 B		72,708,315,704	100%
sergino	0 B		246,258,326	1.6%