Rewards as a function of the sum of rshares, are straight fucking linear.
That is, why I call it linear.
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Absolutely yes, as long as people downvote inferior or overrewarded content. Your vote will have more influence (and earn more in curation rewards) if it isn't downvoted. If, by contrast, you vote for yourself and get downvoted, your vote may be worth little or nothing.
You forgot bid bot services. Nobody has to directly apply the vote themselves. They could even delegate to certain services, and get almost the same share of the posting rewards as if posting and voting their own non-content. There is no danger of downvotes with this method.
People don't downvote (enough). This is broken and needs to be fixed. (Also curation rewards are too low.)
Because downvoting makes no sense with this linear rewards distribution function.
There is absolutely no economical benefit from it. Same for curation.
I keep saying that.
If rewards were not linear, looking for 'popular' content (much r_shares) would actually be rewarded.
Before 'equality' hardfork, my selfvote on some shitpost by myself was 0.01 $, but it was worth 0.50* $ on a popular post.
*yes, also downvotes.
It was interesting talking to you, but when I first found this place, I was much more impressed by you.
This is not rocket science, and you are acting like you do not understand the original intention behind the non-linear progression ?
It was so more steem power would not result in a directly proportionally higher share of posting rewards.
That's wrong. Indeed it has even been pointed out (correctly) that bid bots are more sensitive to downvotes, because they are motivated to maximize the return on their delegated vote power. Even a 20% reduction in reward means that a bid bot (or similar system) has a problem they need to address (by changing behavior such that their voting occurs with greater consensus) because their ROI is uncompetitive.
No, downvoting made no sense with the non-linear rewards distribution either. The fact that downvoting consumes valuable vote power remains the same regardless of the shape of the curve. (And very few, far too few, ever engaged in it with n^2, the same as currently.)
I do understand the intention, but upon further experience and analysis, it turned out not to work. 'Original intention' does not matter one bit when the intent was based on a false (if perhaps reasonable at the time) understanding of how things work.
As we learn more about how things work or do not work, we have to move on to other ideas, not stick with 'original intention' as if it is some kind of holy book. In reality, it was really just a rapidly-thrown-together system with some good ideas and some bad ones. It is not a badge of failure that the first prototype got a few things wrong.
Sure that was the intent. It was not only not the effect, but the actual effect was for steem power to earn more than proportionally greater rewards, both curation, and posting rewards (the latter via vote-buying, shill-posting, reward-sharing, etc.)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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How things work out right now:
Small accounts, who can not retaliate, get downvotes for selfvoting or some other 'abuse'.
Bid bots strive.
The reality is, it is not better than before.
That is only your perception, because you do not have to do shit to maximize your profits. Congrats.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit