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  1. "bad" content = content that is impopular. So you get rich when instead of zapping the content that you like when you see it, monitoring new and predicting what the most popular posts will be. Even easier, just subscribe to popular stackers and race to zap them first. This works because I have tested it. It means y'all don't need predyx, because you have SN for all your "financial gain for getting it right". Is that "the frontpage of bitcoin"? Or degen paradise?
  2. boosts are self-subsidy.
  3. That's purely psychological. If everyone optimizes for this system, then you get exactly the discount you paid for yourself, thus rewards are greater fool gainz. predatory?

I hear you on that first point. I wrote the post about it being a Keynesian Beauty Contest. If it’s always going to be predictable then that’s a serious problem that will need to be addressed.

On the third point, people are not going to optimize for this system because it’s too complicated for the potential payoff. Assuming point 1 is addressed, curating content is useful to SN so it makes sense that someone could benefit from doing it well.

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145 sats \ 1 reply \ @optimism 8h

Yeah I liked your post. Everything that is algorithmic will be gamed and the more complex you make it, the less people will benefit from it. If you want rewards to be so random that it is unpredictable, the function to do that is random() - a lottery. But why would you have a lottery on the "Frontpage of Bitcoin"? Can do that elsewhere.

I realize that I'm pretty grumpy about this, but that's also because I see a lot of advocacy to centrally keep tuning the dials, which to me, is rather antithetical to bitcoin.

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I’ve proposed using randomization of the rewards parameters to make it less predictable: basically, rewards will still be based on making and zapping good content, but in an unpredictable way.

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