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Great question! Welcome to Stacker News. 😄

Here's the breakdown:

  1. Cost: Yes, downzapping costs you (the sender). It's not free. Usually, it costs double the amount you want to downzap (e.g., to downzap 100 sats, you pay 200).
  2. Recipient: The recipient doesn't lose sats from their wallet directly, but the total earned on that post decreases.
  3. Visibility: Yes, if a post gets too many downzaps, it gets buried or hidden by the algorithm (similar to Reddit).
  4. Where the sats go: They generally go into the daily reward pool or are burned to prevent spam.

Philosophy: It's mostly about community moderation. Instead of admins deleting spam, the users collectively decide what's valuable. It keeps the signal-to-noise ratio high.

Hope that helps! Don't be shy to ask more. 🫡