Reward Pool Abuse

in LeoFinance17 days ago

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Lots to say lots to say.

First of all let's begin with something I wanted to address for a while now. Lately I've been randomly accused of "reward pool rape" and "circle jerking" to maximize my yield here on Hive. This has happened multiple times now, and it's kind of ironic. I built my reputation here years ago posting conspiracy theory and reporting on the police state and military industrial complex. Now that I've "made it" I get accused by those same people that I'm the problem. Pretty funny stuff.

I do not beg for upvotes. I do not vote on posts because those accounts vote for me. I do not follow for follow. I do not control who upvotes my content. I will not limit the content I produce because the network might over-reward me. Get over it.

I will admit that seeing my posts consistently plastered at the top of the trending tab is pretty weird. I don't necessarily think I deserve that, but this isn't really about who deserves what. This network is far more focused on NETWORKING and far less concerned with the magical thinking that is proof-of-brain; an impossible to enforce mystical consensus algorithm that doesn't exist.

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SJW time:

Even using the words "reward pool rape" and "circle jerking" are pretty offensive terms that were coined by white straight boys who thought they were clever little nerds. You're not clever: you're an overly-offensive toxic troll who minimizes the suffering of less fortunate groups.

What do you think the term "reward pool rape" sounds like to someone who's actually been sexually assaulted? Like, seriously. You're not important get over it. Stop heinously exaggerating these situations. If you're life is so cushy and soft that the worst thing going on is reward pool abuse on Hive... I don't even know how to finish this sentence.

On a very real level, there is no such thing as reward pool abuse. Downvotes are largely unnecessary and likely cause more harm than they help cut out the cancer on the platform. I ONLY downvote content that is an obvious scam, plagiarism, hate speech, or otherwise blatant corruption. I would never downvote someone because they downvoted me (like a child lashing out) or because I personally disagreed with the message.

I'm not saying I would get rid of free downvotes, but I really think the network needs to be more self-aware of its actions. I've seen users here get flagged off the platform and dump hundreds of thousands of Hive onto the market. Those who issued the flags hurt the network, and they continue self-righteously parading themselves around like saviors of the network. Uh huh, good job, kid. Your internet prowess is so impressive. Again, get over yourself.

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Wanna see something crazy?

This isn't the first time I've called out these overly violent/sexual terms for the childish and toxic over-exaggerations that they are.

Term "Reward Pool Rape": Offensive Exaggeration

Wow, check out that blast from the past. December 27, 2017. This was my 22nd post ever during the first month I joined the platform. I am a shark, and I haven't stopped swimming. I've been building connections for three years non-stop.

Nothing has changed.

I've been accused of writing certain things and taking certain stances to "boost my numbers". Yeah, well, it's all right here on the blockchain. Go back three years and see for yourself. My topics of conversation are consistent. It doesn't matter if my posts pay out 1 cent or $100, I write about the same shit.

It's been mentioned that the only reason I control 210k Hive is because I wormed my way to the top and was gifted my stack by the Hive elite. It takes a single click to reveal otherwise. Both https://hiveblocks.com/@edicted & https://hivestats.io/@edicted will clearly display that I've only earned 32k Hive from posting rewards in the last 3 odd years (which is actually quite a bit). In fact, that number is being boosted from when I was paying for upvotes with TheRealWolf's bid-bot SmartSteem for a couple months.

Less than 16% of my total stack is from blog rewards. It's a shame that the conspiracy theorists on this network can't do simple math. This is an immutable network. These numbers can't be faked. The reason my stack is so large is that I brought a shit ton of value to this network and the people who upvote me know that. Duh.

As someone who has never cashed out a single penny of crypto to my bank account, accusing me of corruption is sure to undermine your own reputation here on the network. I see people here that could be building value and participating in this new economy in a healthy way, but they fall back to blaming others for their own problems. Take some responsibility for your situation.

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Again, I would ask, why do you think reward pool abuse exists? It doesn't exist on DEFI networks. Comparatively a yield farm is the exact equivalent of someone on Hive upvoting themselves 100% of the time. Why is that bad? Because you said so? Because the whitepaper said so? You think you can make an argument because Ned wrote some bullshit in a whitepaper and made up a fake consensus algorithm called proof-of-brain? Try again.

THIS IS DPOS

Delegated Proof of Stake. If you have the stake you're allowed to use it in anyway you see fit. Those are the rules. People need to change the way they view this network because many don't understand what's going on here.

How many users around here thought that 8% inflation was too high and we needed to reduce it? WRONG. I've already detailed why this is wrong multiple times. INVESTORS WANT HIGHER INFLATION. Now that DeFi yield farming is fucking killing it, this is basically incontrovertible evidence that I'm right. There are defi networks at 1000%+ inflation who are absolutely destroying Hive in terms of token price action. It's not about how much inflation there is: it's about who controls it.

No matter what the Bitcoin maximalists are spouting about how great their deflationary asset is: I know the truth. Inflation is the killer dapp and I will drink the sweet milk of their tears as those greedy assholes watch in horror as their precious Bitcoin descends the ranks of the market cap. Cry more, scarcity capitalists. I'm so sorry for you that your stacks are only doubling every year while some of these other projects gain even more. Seriously, the entitlement I see surrounding the cryptosphere is unfathomable. Evolve or become irrelevant.

Do I sound heated or angry right now? I'm not. I'm not under attack, and I don't need to defend myself. There are gnats buzzing around and they are kind of annoying, but hey gnats must be a valuable part of the ecosystem in some way or another, right? Not my place to judge.

There's a reason I don't name names even after being accused of these things: I want everyone on this network to succeed. I want everyone here to be paid a living wage so they can stop being sucked dry by the time vampires. I want millions of full-time employees that choose their own hours, don't have to answer to an abusive boss, and are paid by merit rather than time spent.

That's obviously not going to happen via the tiny amount of value we bring to the table with the blogging frontend. We need more jobs and we need jobs that aren't ruled by subjective opinion. Easier said than done. I have some ideas but these things take time, money, organization, and overhead cost. I'm just one person.

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I can see the future.

And it is nothing but spectacular. What an adventure we have in store for us over the next ten years. Stormclouds are gathering, but life sure would be a lot more boring if the water was always calm. What is the point of this existence if everything just stays stable and stagnant? Chaos is a requirement for evolution, and I see myself as an agent of chaos at this point.

Riding these waves of uncertainty will not be easy, but to the victor goes the spoils, as they say. I think we all got here early enough to make it, but I'm extremely worried about anyone who FOMOs in during the peak of this next mega-bubble and gets absolutely wrecked. I think we are all personally responsible to mitigate those damages rather than buying Lambos and flaunting the wealth that was sapped away from the suckers.

But hey, these are permissionless networks, so if people want to run like the greedy assholes that they are: we can't stop them. Just be warned: the blockchain is watching. Reputation matters more than money. Those who choose poorly will miss out on the next wave.

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This term “circle jerk” on Hive is repulsive.

Personally, I don’t think there’s anything wrong with it if the people who are sharing votes are also voting for others outside of the circle. I’d expect that the votes are for decent enough content as well.

What everyone calls “circle jerk” is really just a small circle of people supporting one another like a sports team would.

How do athletes succeed? How do musicians succeed?

People need to stop slapping hostile words and phases on positive actions to control or shame others.

indeed, fighting tribalism with tribalism might not be the answer

Delegated Proof of Stake. If you have the stake you're allowed to use it in anyway you see fit. Those are the rules. People need to change the way they view this network because many don't understand what's going on here.

I get you, but when you put it like this it seems as if though you are saying what peeps like Haejin does is cool, which is not(in my head at least).

And yep, reputation is big deal and will even be a bigger deal down the road, I know one day I might have to write this type of post as well when some people will dare to point fingers to say ugly stuff, the immutable blockchain is there to prove me.

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What Haejin does is super not cool!
But that doesn't change the facts.
His abuse of the system factors in very little to the actual value of this network.
Imagine what would happen if he just powered everything down and dumped.
Way worse, especially in the short-term.

Users around here think inflation and exploiters are the problem, and if we 'fix' them Hive will moon.
They are wrong and don't understand this economy.
That's a big problem on a fundamental macro level.
It will cause the network to follow dead-end paths that lead to nowhere.

Users around here think inflation and exploiters are the problem, and if we 'fix' them Hive will moon.

Well, glad there aren’t so much of them, irrespective, whenever I see your posts, I’ll dive in and consume, i don’t upvote it sorry, lol, it’s not just about that for me yet, it’s more of the connection and yeah when I remember,....if you didn’t say anything, we wouldn’t know, so nothing has changed for me anyway, except that I may begin to upvote more lol. Keep em coming, I say reward pool well spent!

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i don’t upvote it sorry

There are lots of people that used to upvote me but don't anymore.
They didn't say why but I know it's because I'm overpaid, and that's fine.
I rarely pay attention to who upvotes me.

My content (and everyone else's) is posted free of charge for anyone to consume.
Tips are always optional.

I've seen many posts that have less content, less valuable or informative content than yours which receive more payouts.

I don't see why anyone would think you get paid too much.

I think I get paid... a lot 😁

The only thing I'd disagree on is a 4$ self vote. Besides this, I think you deserve this spot on top of trending.

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One thing will be the nature of the hive. Downvotes, spams, shit postings, multiple accounts, flagging will be the culture in the future. The best way is decentralized governance to control the riot, without that, hive will be like this five or ten years later. war and war

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People are jealous when you worked hard

Reputation matters more than money

Few understand that long term on chain reputation is the ultimate NFT as its very hard to simply buy. I enjoy your posts as do many others. I will leave it at that.

It doesn't matter if my posts pay out 1 cent or $100, I write about the same shit.

As someone who has never cashed out a single penny of crypto to my bank account, accusing me of corruption is sure to undermine your own reputation here on the network

Are you my alt?

There are defi networks at 1000%+ inflation who are absolutely destroying Hive in terms of token price action.

The difference here is the time involved. I don't see most of the defi platforms lasting all that long, but I hope that Hive will become sustainable for the future.

Time makes a huge difference.
Hive is more decentralized now that it ever has been.
Other networks will not be able to catch up to us on that front.
90% of these pump/dump scams will be revealed for what they are soon enough.

Hive is more decentralized now that it ever has been.

I second that. Look back to where we were 2 years ago.

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o_O what's happened here?
I don't know who say these things about you, and i don't want to know who they are.
You are the only author i regularly read. And no one will change my point of view about you.
It's true that recently you have earned a lot more than before, but that's not your fault.
That's the system we have. If anyone thinks that you don't deserve it, he is free to downvote you.
In my opinion you bring a lot of value here. Thanks to you I personally learn a lot of new things, and i really thank you also for your constancy in writing post!
Thanks for the time you spend here, and keep going...envy is an ugly beast

Hopefully I will add a lot more value to the network than I extract.
That's the goal.

Yeah that's what i think

My opinion is that as long as you're adding value to our community, then it's all good.

Yep, you're all good.

Next!

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The earth is important for the person, animals plants everything living the earth .we protect the earth who it Will give to care us back.

Well I know whales who has problems with me because I was supporting the contents of people they hate and well ended up stopping to supporting me, it's crazy.

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I think the pool should be every man for themselves, ganging up to increase rewards is as bad as buying votes.

A 1000mv limit on voting would go a long ways towards egalitarianism.

The tale was that with the bad whale sucking up sooo much that others needed to suck it up too in order to mitigate his abuse.
'He will get more if we don't do what he does, too.'

Well, he is gone, and has been gone for some time.

A 1000mv limit on voting would go a long ways towards egalitarianism.

Limits like this are 100% impossible to enforce without KYC.
I have access to 2000 Hive accounts and I didn't have to pay a cent for them.
I can create a bot army and Sybil attack any such restrictions.
Limits like this only hurt non-devs who don't know their way around the system.

I said nothing of enforcing it.
Better that it becomes a custom.
A faux pas to reap the pool so hard.
Plenty of defi to put hive into, and doing so only benefits the pool.
If we establish the proper customs now, we can teach them to the newbs and end run much centralization of the coin.

speaking the truth as always. besides, circle jerks make the world go round,...
Ask any mastermind group of individuals that encourage accountability and check in with each other for ideas and motivation towards progress. No man is an island, and we reward those that help us.

People and their villans, ya'll need good productive hobbies and lofty goals..

Same old story I swear more and more this place is starting to feel like steem drama as of late and it's because there are a few at the top that continue to just do things their way because they hold such a massive amount of hive that whatever they say just gets voted in. Literally impossible to compete someone who has like 10 accounts and stakes 20,000+ hive to themselves daily. I'm still not exactly sure what half of these people do if anything important that warrants such a massive amount of rewards. The free downvotes need to be removed. We have curators for that now it would seem. Downvotes are pretty much used if you don't agree with someone and that should at least come at a cost.

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I think we can all tell who it is as well by the two downvotes on this lol

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haha and see, the reason I don't have nearly as much output as you after being here nearly as long is when people accuse me of stuff, I just say meh and ignore them. Maybe if I got pissed and wrote a long rant about it I'd gain more followers. ;)

That said, I'm in agreement on most of what you wrote. Give em hell, Harry--er, edicted!

(also, glad to see I'm not the only person uncomfortable with the term "reward pool rape")

I might also be because your content is more sporadic.

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If by "more sporadic" you mean once every day scheduled for the same time, then sure. 😉

At any rate, it was a joke and not serious.

I'm new to this platform but I've always found your content to be of quality, even on a few occasions that I did not agree with all your points. Keep up the good work

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I review your posts quite frequently. I feel your rewards appear to be consistent with your presence on the platform. It's almost like an employee who's been at the company for quite a long time. You know more people and are better connected. I don't see any difference here. Being at a company longer may also mean you get paid more.

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Much better in terms of it is what it is versus that pasty biased saintly write up a week ago.

Interesting read and definitely agreed with a lot of your opinions. As a new user to the platform it's quite intriguing seeing the internal politics of the network and definitely not something you see that regularly on the larger platforms (but reddit definitely has its moments with various mod teams across the site, alongside some of the smaller microcosms in Facebook and Twitter).

Welcome, you will find all of human life here, even the politics. That is why it is so interesting.

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Please Sir

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You shut your mouth when you're talking to me sir! ;-)

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BOOM !
Let the numbers boost.

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I agree totally with your position on downvotes.

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If people think you make too much, when would they start thinking that they make too much? And would they be happier if they would make as much as you do? This is just childish kindergarten shit.
If you think you make too much you are always free to visit my gallery. You can easily spend more thana 1000 HIVE there :)
And how much is too much, just asking myself the question is stupid. Why would I think I make too much?
Philosophic Saturday over :)

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Their content always brings something to learn, and to see from their point of view.

When I first started, I was worrying about things like that but honestly I don't care about it anymore after a while. I agree with most of your points and I haven't really cared all too much. I just continue to do things regardless and compound those crypto gains.

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Do not forget hive is building in a

It is built on a barrel of gunpowder therefore it will soon explode, there are many enemies that are calmed by the lawsuit of still, but as that is said old wounds will open again so soon it will explode and we will return to a war of flags, here we go And this shit will start soon if it is not that it has already started and we have not realized it, that kejos of helping will sink our platform to the bottom and we will see another hardfork will come, by groups of dissidents that are lurking there.

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Upvoted!

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First of all, I largely agree with you. The rules are set by the implementation, and it's fine for people to take advantage of them. If loopholes are being exploited, it's up to devs and the governance community to resolve it.

Doing minor things to increase revenue whilst writing solid content is acceptable in my opinion, it's only the gaming-the-system-while-producing-utter-spam that I have problems with.

Lastly, I think that if this community wants to open for a broad audience who give a fuck (in my book acceptable swear word very much intendeD), we should just not use the notion of "reward pool rape". Because that particular phrase just sounds childish and offensive.

N.B. I'm fully aware that you had to mention it because others did it before you of course, so no blame there!

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Damn crabs!
They won't let you crawl out of the bucket.

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You might get paid a lot but your content is far better than most so... well deserved.
Please keep them coming !

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I don't know many authors on Hive who deliver so value through their posts every day. Maybe it's just a phase for me but I'm sad if I miss any of your posts.

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I may be too new to understand everything you are saying but I kinda understand. Haters gonna hate. Just keep doing what you are doing and if you are right you are right. I'm just here for the content. If I like what I see I vote, if I don't I just keep on moving. If I feel like commenting because I have something I want to say I do it. Isn't this what it is all about?

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Even using the words "reward pool rape" and "circle jerking" are pretty offensive terms that were coined by white straight boys who thought they were clever little nerds. You're not clever: you're an overly-offensive toxic troll who minimizes the suffering of less fortunate groups.

The term rape in this phrase is in the sense of definitions 2 and 3 below. Indeed the modern primary definition evolved as a narrower application of the general idea of seizing someone or something and taking them away by force, a meaning which has seen a revival since the early 18th century.

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What is it that haters do? Oh yeah...

Your content is great, deserves probably a lot more than you've actually earned.

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I feel in most case "Reward pool abuse" is excuse used by lame people who are not building their network and connections /or interacting with others.

It's natural that you tend to read/vote the authors more with whom you have created some kind of interaction or author create something exceptional.

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