54 sats \ 7 replies \ @k00b 1 Aug 2022 \ parent \ on: how to prevent this place from getting overrun by altcoiners? bitcoin
I really like the incentives around staking and I want to experiment with it at some point. My main concern is it might be hard to communicate, but there are probably solutions to that.
Simple MVP: downvoting costs 5x the upvoting.
Slightly more difficult: each post costs a "deposit" of 10,000 sats which will be refunded if you have a non-negative score within 24 hours. If you have a negative score, you give up your deposit and it goes to the distribution pool for the next day.
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I dig it. Downvotes will make it clear whether your stake should be returned.
Downvoting seems to have the unintended consequence of encouraging trolls though. It gives them feedback (rather than crickets) which probably motivates them - but if they also lose money perhaps it doesn’t make it worth it.
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It sucks if I post something Bitcoin related, then an army of shitcoiners comes in to downvote my post. If no moderation is done, I will effectively loose my deposit for no reason. Although they loose their sats, it affects me as well.
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In that case, they're literally paying for the attention. And given it goes to the community pool, there's some interesting economics at play here. Would people tolerate trolls if they're getting paid for it? I'm actually curious how much trolls are willing to pay and at what limits they stop.
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I think we would probably converge on something like 20 trolls pay for 80 users.
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So we're back to advertisers?
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Not exactly, but also note the difference that those "advertisers" would pay the users directly...
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