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RE: Block-Buster Witness Is Up and Running Again!
It sounds like a good idea on the surface. Have you checked out what happened with Whaleshares?
What I would rather see, is the ability for people to NOT post and still get a percentage of their Inflation (not that we call it that) In exchange they would not be able to vote to allocate rewards.
I would even be okay with tempering some downvotes where 1 vote can't remove everything, but we need a way for the community (stake) to say this is unacceptable.
This seems like a great idea instead of removing it comepletely. Will change our post. Thanks @whatsup for your input!!!
Back when my son competed in karate tournaments, the 5 judges in the kata events would discard the highest and lowest scores, and the contestant's final score would be the average of the remaining three. This eliminated the disproportionate influence of any outlier votes, whether on the up-side or down-side.
I'd like to see both upvotes and downvotes on Steem get tempered in a similar fashion. I think the possible loss of influence from being an outlier would incentive people to vote to reflect actual post value more accurately. I wrote about one possible strategy for accomplishing that here.
I'd vote for your witness, but the steempeak witness list says it's stale and still running version 0.20.6. I'll check back again in a few days.
@remlaps Thanks for your consideration. It only showed Stale on SteemPeak because we had yet to witness a block. We witnessed a block last night so it is now updated. Thank you for your support!
Whaleshares didn't do anything in the crypto industry.
I was talking about the former split from Steem by Fuzzvest's team. whaleshares.io
It's true they didn't do much, but on their site which was a fork of Steem they removed downvoting and they found out very quickly what a bad idea that was.
I'm very familiar with the Whaleshare story. Why was it a bad idea? Ended up with a concentration of coins in few accounts?
It ended up with all of the whales making... "Account Preservation Posts" 10 times a day.
That's all they said...
No one curated, most quit making real posts at all. All the small accounts left and the value went away.
Now they have switched to a tipping site, but the tokens are worth nothing.
There has to be a reason or motive for people to curate or make a real post or it will quickly make posting at all pointless and just be an inflation distribution platform.