RE: #8.4 - How the internet is about to become the ultimate dream of a tyrannical state!
Excellent post as allways,this subject does interest me and I am concerned about it but I wanted to bring up a different subject.
The dust cap threshold- which is $0.0251 (2.5 cents).
If you were to upvote this comment with a vote less than $0.0251 the vote is worthless!
Obviously if someone gets several small votes there will be a payout as long as the value is over $0.0251.
Before I knew this hundreds of my votes were wasted,because like you I like to give out upvotes.I still upvote people,but I now try to ensure there will be a payout.so instead of voting on there comment I tend to vote on their post instead.
I thought I would mention it because I see sum of your upvotes going to waste by upvoting people's comments on your post.so I'm assuming you don't know about it.
I don't know exactly why this is the case,but most people don't know about it,and therefore there are thousands and thousands of votes being wasted every day.
Maybe you could do a post about it at some point to raise awareness of the issue.
Thank you - I try my best, but it gets so long-winded... :D
Being honest - I haven't dived deep enough into dust threshholds or anything like that...
I should get more in depth with the under the hood workings of SteemIt, but that's the case with SO many projects - and SteemIt isn't one of my holds, so haven't really dedicated any time to it... I will at some point :D
Did notice, my votes stopped giving payouts to comment upvotes, and figured it's just a matter of my voting power being too low, after having upvoted to many posts? - which I have been recently.
After a recharge to 50%+ of my voting power, my vote just took your comment from $0.16 to $0.17, which will count, since your over the $0.0251 threshhold - I think I'm with you... Thnx for the info :)
On the. Comment below,click on the
$0.01 ⬅️
And then it will show
Pending payout $0.01
(0.00SBD,0.00 steem,$0.00 sp)
In 4 days
Which means there will be no payout in 4 days!!!
Therefore the vote is wasted!!! WTF
For a SINGLE vote to be worth anything (and to end up with a payout) you currently need about 200sp (roughly) which gives a 2.5 cent or $0.0251 vote at 100%
I hope this is a bit clearer than my previous attempt at trying to explain the issue,then my efforts will not have been in vain.
Yeah, I see what you mean - that's kind of F'ed up... couldn't that dust accumulate passively somehow, until they're big enough for pay-out?
It's misleading for people who don't go in depth, and know about the dust limit (like me :) - it's fair enough if they want the dust limit in there, but then it shouldn't show up as a $0.01 vote, making newcomers think "yea, I got a cent for liking my own comment - this DOES work..."
when they don't get a pay-out on that, they'll assume "SCAM!" immediately... IMHO...
I think it's meant to stop spammers/scammers abusing the platform with multiple accounts which is fair enough.The problem is most people don't know about it and probably most of the votes go to waste.so yeah it's F'ed up.
At least we know about it now!
Anyway... Happy steeming bro!
Yea, thanks for letting me know - I'll be sure not to dust waste anymore for sure :)
And to you good sir - keep on trucking ;)
Your welcome
I'm glad you are now aware of the issue.fcuked up as it is!
I believe it's one of the biggest problems on steemit,anyway I'm not gonna start having a rant...
The same to you too mate keep on keeping on.😎