DOWNVOTING FOR DUMMIES

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(Edited)

I suppose that’s not very nice... I could say “downvoting for LAZY people” and that might be more accurate, but laziness is often suspiciously akin to stupidity-- so they both have a relative utility in this context. I'm sticking with it.

Anyone finding themselves getting a wee bit offended right now should probably stop and think seriously about what that means… but I’m talking about myself in this case. So calm down. I’m kidding, people!

I’ve personally been looking for a few easy, automated ways to do the best stuff for our platforms. And one thing I’ve been thinking about-- something most of you probably overlook as much as I do on these #Hive platforms-- is treating bad actors like the useless garbage receptacles they really are.

Downvoting on LeoFinance and CTP.jpg

Ha! You laughed, didn’t you?! You’re a terrible person.
I’m kidding again, of course, on both counts...

I MEAN DOWNVOTING...

Downvoting is the opposite of upvoting. (Ugh… I didn’t think that would sound so stupid until I wrote it. If only there was some way of taking it back.) It is tokenomically deflationary and socially constructive. That may sound complicated at first glance, but it is two pretty basic concepts that are helping us out.

Here’s how it works: your downvote decreases the supply of tokens by effectively burning your vote-weight’s worth of them, and then it organically discourages similarly unpopular content in the future. The exact opposite happens with upvotes: they issue new tokens instead of burning them, and they encourage more good content.

So in this context, ironically, downvotes are GOOD and upvotes are BAD-- tokenomically speaking! As long as we are downvoting the right things (spam, farming, harassment and incitement) on a regular basis, the positive effects for the community as a whole are two-fold when we include the social benefits!

See? That’s what I mean by treating people like trash. (Happy sigh. It all makes sense now.) So let’s all untangle our knickers and move forward!

Ten Times a Day!

That’s how often we get to smite the spammers and scammers with our full strength. Scaled much like our upvote weight, we can choose to instead downvote 20 times a day at 50%, 40 times at 25% and so on… but that’s what we’re allotted.

This is my best calculation anyway, based on the official explanation. It sounds like ten full votes would use 80% of our downvote mana, which is recharged every day. Check out the screenshot below and please correct me if I'm wrong.

Downvoting and Mana Hive.png

Whatever the number is, I'm guessing we don’t use close to it! Or I don’t, at least… not on a consistent enough basis to use anywhere near my daily threshold.

DOWNVOTE CURATION TRAILS?

So this is where my "dummy" approach is going to come in handy. I'm hoping one of you can point me toward at least one downvote curation trail that really does a good job of weeding out the undesirables on either #LeoFinance or #CTP.

I know there's a lot of overlap when it comes to the content here in the Hive ecosystem, but these are my two main #tribes and I would like to be as specifically effective as possible in this way.

So what do you think? Who's your favourite garbage disposal? Or do you like to do the dirty work yourself? Give me some details in the comments.

Posted Using LeoFinance Beta



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19 comments
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Balance!

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Balance is good, yes... more downvoting would help provide a bit of balance. Do you follow any downvote curation trails?

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Nah, not really but i use it if I see plagiarism or similar shit.
Hive is much more homogenic and there's a lot less malicious behaviour if compared to steem.

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Respect. I do that too... I just feel like I could use up more of that mana if I was following someone's lead who's actively looking for the worst shit out there.

Posted Using LeoFinance Beta

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I appreciate that there are people out there who are actively against the spread of worthless posts. I do this because I myself can't tolerate looking for bad stuff to remove. I don't have enough time. I only have time to spend on good, uplifting and meaningful stuff to input into my brain.

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I hear you! Any suggestions for a downvote trail though? I really would like a recommendation. Thanks for taking the time to read and comment though... I appreciate it. :)

Posted Using LeoFinance Beta

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I think you should define the standards for what you will downvote. Then as you are reading you will be reassured that your downvotes won't be astray.

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But I mean a downvote curation trail that already exists... I want to just jump on a trail and let them do the responsible downvoting. That's why I want vetted recommendations. :)

Posted Using LeoFinance Beta

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I think you got one thing wrong though. Downvoting does not burn or decrease the supply of tokens. It just changes the portion of the reward pool that gets allocated to that post. It is the method the blockchain uses to determine consensus for how much a post is worth. In other words, downvoting a post that receives no other votes will have no effect on tokenomics or rewards.

Posted Using LeoFinance Beta

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I also wanted to point out that while we are free to downvote for whatever reason we want, it's best to provide a comment with a reason for the downvote. It will decrease needless flag battles.

Posted Using LeoFinance Beta

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That's fair. I'm looking for a trail to mimic, so maybe the bigger downvoters do have this kind of policy... not sure.

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Yes, I had just been on the cusp of understanding this aspect... but I would still argue that putting tokens back in the pool is still "deflationary" in a loose sense of the word. It decreases supply temporarily in a way. All of these discussions are definitely helping me get a better grasp of these tokenomic distinctions. Cheers! :)

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It's not really deflationary, but it is an overall benefit to everybody but the one who was downvoted. Basically, you can direct a portion of the reward pool. You can't stop it from coming, but you can direct where it's going.

Posted Using LeoFinance Beta

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So this is a key distinction for me, and I'm having a tough time in discussions... if you're taking tokens out of circulation-- ie. out of a user's wallet who could sell them-- why would it not be considered deflationary in a way? What do you consider deflationary: staking?

Posted Using LeoFinance Beta

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Because the tokens are still produced and distributed, just not to that user. They go to someone else. It gets distributed across all of the reward pool recipients.

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(Edited)

Hypothetical scenario: ten users are given upvotes worth 0.1 HIVE, and two users are downvoted for the same amount. And this happens ten times in a day, let's say... so we're left with 8 HIVE which has been distributed. If those downvotes didn't happen, a full 10 HIVE would have been distributed. With only half the amount of downvotes, we would have 9 HIVE in distribution.

If all of that is true, I see downvotes acting to slow the momentum of token distribution... and I want to call that deflationary, but I may just be overstretching the definition to fit my narrative. lol

Posted Using LeoFinance Beta

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My understanding is that 10 hive would still be distributed so 8 users would receive 1.25 hive. Minus the curation and HDF and whatnot.

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Why would previous votes become bigger after downvotes? I don't think that's how it works. Wouldn't the HIVE go back into the pool to be redistributed in future upvotes?

Posted Using LeoFinance Beta

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