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100% of downzaps go to the reward pool. Those are paid out as sats to stackers every day. If SN was using a "CC printer" to do downzaps, where would the real sats SN pays out every day come from?
If you don't like how SN is run, the code is open source. Why not start your own version of SN on a different domain? Or, do you find it too difficult to run the lightning node and infrastructure?
If SN was using a "CC printer" to do downzaps, where would the real sats SN pays out every day come from?
From my sats that they are downzapping with CCs.
By downzapping my post with CCs...and my response to that downzapping.
That makes no sense.
If you are boosting your post, most of that is going to the territory owners. So if you made a post in ~Politics_And_Law, siggy gets 70% of your boost sats.
I don't see how you boosting your post gives sats to SN.
Further, let's pretend I downzap your post with CCs. 100% of those CCs go to the reward pool and then are paid out to stackers as rewards at the end of the day. Where do the real sats stackers get come from? We already determined that your boost sats are going to the territory owner.
30% of my boost goes to SNs.
The CCs cost SN nothing.
The majority of sats credited to territory owners as rewards are not taken out of SNs but are used to pay territory rents or used to post, boost or comment.
It would be a classic fiat exercise in monetary stimulus, leveraged off my incoming real money sats.
So just to be clear @Scoresby you are not using CCs to downzap my post?
my friend, I am not downzapping you at all.
But, now instead of accusing SN of "printing CCs" you are claiming that the sats you pay to boost your post go to territory owners and SN gets real sats from territory owners paying for territories and then someone at SN is downzapping you with these real sats.
It would be helpful if you stuck to one accusation at a time.
I was trying to point out that CCs used to downzap get paid out as sats. So, it would cost SN just as much to downzap you one CC as it does to downzap you one sat.
But there is an easy solution, even if you don't believe me: stop spending sats here.
PS according to # Stacker News Saturday Newsletter 4/11/26 you are the only stacker who spent enough in the last week to be the downzapper.
Otherwise what were you spending 148.3k sats/CCs on?
Top SpendersTop Spenders
- @Solomonsatoshi: 268.9k sats spent
- @Scoresby: 148.3k sats spent
- @AtlantisPleb: 65.8k sats spent
- @SimpleStacker: 61.9k sats spent
- @Undisciplined: 58.4k sats spent
So I kind of have to take your denial with a few grains of salt.
I tend toward believing you but hope you can understand my position which is that I cannot concretely verify what is the truth here as I do not have access to the data.
Only SNs, probably @koob might have access to the definitive data?
I dont have access to it and have asked if @koob can provide it with no response at this point in time.
Am more than happy to spend sats on a contest of ideas and for some of those sats to go to other content contributors and the platform that is enabling the content to be shared. That is of course the V$V Pay toPost model on which SNs is built. All good!
I have just been surprised by how determined someone appears to be to downzap content raising the issue of The Greater Israel Project.
Their determination to downzap makes me wonder if there really is something to 'The Greater Israel Project' that deserves exposure especially considering the current conflict - am really not sure as it seems quite far fetched. That is why I have responded as I have.
As I have described above if SNs was using CCs to downzap my post those CCs would generate sats input into the SN economy from my response and while as you say 70% of those sats would be passed on to territory owners via the rewards pool, 30% would remain with SNs. In addition many of the 70% sats received by territories would be used to pay rent on those territories or otherwise be spent within SNs.
It could be a way of 'quantitative easing' and stimulating the SNs economy, at my cost!
Quitting is often portrayed as an easy solution and on the surface of course it is, but its not usually my preferred option...in my experience greater rewards are found with perserverance.
That doesn't matter, In SN 1 cc = 1 sat.
I get why people don't trust whoever's running the printer. It’s not just here. I trust SN. Some stackers already know who’s downzapping the war posts, but I’m not the one who’s gonna out them to you.
Do you know why are they downzapping the war posts?
I find it interesting how someone seems so determined the prevent any discussion of The Greater Israel Project- I dont even know how much of a thing TGIP really is (it seems pretty far out) but the determined downzapping makes me wonder there maybe is something to it!
No
Would like to know what I am up against here- it could be effectively a censorship operation run by SNs as well as a funding mechanism for SNs.
That would be the ultimate hypocrisy and abuse of CCs and peoples trust in the platform.
If the downzapper is using real money (sats) then I'm fine with it- its a V4V Pay2Post contest of ideas on a level playing field.
If however it is someone within SNs and or with access to the CC printer then its not.
@koob which is it?