SN release: biggest boost wins, 70% of fees to territory founders, 30% sybil fee \ stacker news ~meta

SN release: biggest boost wins, 70% of fees to territory founders, 30% sybil fee

1951 sats \ 48 comments \ @k00b 8h meta

This is a pretty experimental release.

boost changes

the highest boost in a territory over the last 30 days is pinned to the top of it
the highest boost across all territories is pinned to the top of the homepage and rewards page
all items can be boosted indefinitely
- your own posts and comments now have a flipped bolt (distinguishing them from other posts), allowing you to boost them beyond the edit window
the job board is now ranked by boost
- territories with an "auction" ranking system (only ~jobs can do this currently), use boost to rank posts in hot

The hope in general is this serves as a significant revenue source for territory founders.

70% of fees go to territory founders

Previously, founders got 50% of fees in their territories with the other 50% going to the rewards pool. Now, they get 70% of the fees (posts, comments, boost, zap sybil fees) and 30% goes to the rewards pool.

30% sybil fee is taken on zaps

Previously, we took 10% of zaps for ranking sybil resistance. This is insufficient for real sybil resistance. People still sybil zap their own subpar content at 10% so we've increased this to 30%. 10% isn't a whole lot for the outbound route for p2p zaps either.

As always, that sybil fee that's left over from the territory founders revenue goes to rewards.

View all commits here: https://github.com/stackernews/stacker.news/commits/master/

Since starting the Open Source Contributor Award Rules (OSCARs), we've paid a total of 10.852m sats to 29 contributors for 129 contributions! View an up to date list of contribution awards here: https://github.com/stackernews/stacker.news/blob/master/awards.csv

Previous release: #683598

We are hiring.

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233 sats \ 5 replies \ @0xbitcoiner 8h

That flipped bolt is such an eyesore! I loved how easy it was to find my posts with the empty space. Why not just use a B for boost? It would look so much better. Just a thought.

121 sats \ 0 replies \ @Scoresby 5h

I have to agree. I'll enjoy it as it is for a while to see if my eyes adjust, but at the moment it feels confusing because it isn't different enough.

42 sats \ 1 reply \ @k00b OP 8h

You might be right. We'll let breathe for a bit. ek wanted to use this (to save him from scorn):

0 sats \ 0 replies \ @0xbitcoiner 7h

:) looks nice!

39 sats \ 0 replies \ @Undisciplined 7h

I agree with you. It's eye catching in the wrong way.

24 sats \ 0 replies \ @ek 8h

There was some discussion in the PR about this

328 sats \ 26 replies \ @ek 8h

Example Breakdown of Zaps

100 sat zaps before: 90 sats to receiver (10% sybil fee) + 5 sats (50% territory revenue) + 5 sats (50% rewards)

100 sat zaps now: 70 sats to receiver (30% sybil fee) + 21 sats (70% territory revenue) + 9 sats (30% rewards)

221 sats \ 19 replies \ @Undisciplined 8h

Getting zapped is nerfed, while rewards are powered up.

I'm excited to see how it plays out. That 30% cut is probably going to make it so we stop using zaps for our various pools, which is a little disappointing.

150 sats \ 0 replies \ @Coinsreporter 8h

Yes, that's a valid point. Maybe the president doesn't like pools.

34 sats \ 9 replies \ @ek 8h

We'd need a zap that doesn't affect ranking so people can pay each other with zaps as if you would when using their lightning address.

1252 sats \ 7 replies \ @0xbitcoiner 8h

A zap button on our profile solves that.

139 sats \ 6 replies \ @ek 8h

👀

Maybe we need to overhaul the lightning address button in every profile. It currently only shows a QR code on press so you can pay using LNURL. It should give more options.

100 sats \ 5 replies \ @mo 45m

Having more options in that button will be cool:

copy address
copy LNurl
zap ⚡️
QR code
what else?

35 sats \ 4 replies \ @ek 37m

send a message using the lightning address

22 sats \ 3 replies \ @mo 35m

Yessss… DM on SN need a pump up too! A way to make it easier and more intuitive to send messages over lightning

view replies

27 sats \ 0 replies \ @siggy47 8h

Yes. I think that's important.

32 sats \ 6 replies \ @Turdinthepunchbowl 7h

Yeah, for the survivor pools and such that's gonna be interesting. I've added 2k to 5k sats to pools I don't even particularly take part of. What's a work around do you think for the pools and such, which I think are one of the aspects of the community I enjoy the most!

21 sats \ 5 replies \ @Undisciplined 7h

We'll just have to do lightning invoices and then trust whoever's running the pool to do the accounting honestly.

40 sats \ 4 replies \ @Turdinthepunchbowl 7h

I agree but also hate that "trust" haha. The NFL Survivor pool is like 350k sats.

38 sats \ 0 replies \ @ek 7h

We can start using ecash for these pools, so at least the rug pull will be indiscriminate 👀

0 sats \ 2 replies \ @Undisciplined 6h

Either way we're trusting the person to actually pay out. The only real difference would be a lack of transparency about how large the pool is.

27 sats \ 1 reply \ @Turdinthepunchbowl 6h

True true. I suppose I had wishful thinking, but I also trust GrayRuby as he has incentives by owning the sports territory. Uneducated question, would DLCs or Cashu/Fedi mints be a solution in the future for something like a trust less pool? I'm not too familiar with either however.

0 sats \ 0 replies \ @Undisciplined 5h

No idea. I think reputation can handle this for the foreseeable future.

reply on another page

25 sats \ 0 replies \ @grayruby 7h

Yeah. 30% cut on 10k buy in is a bit too much. We will just find another way.

31 sats \ 0 replies \ @Carresan 8h

Thanks for the explanation as this will affect how I arrange pool prizes.

21 sats \ 0 replies \ @WeAreAllSatoshi 8h

Thank you for this, it’s very helpful

22 sats \ 3 replies \ @ek 8h

Btw, just realized this is a 420% increase in revenue for founders, lol (21/5 = 4.2)

edit: damn math, 4.2 means it's an increase by 320%, not 420% (1.0 would mean no increase)

110 sats \ 2 replies \ @Undisciplined 7h

It's 420% of the previous income share, though. English to the rescue, where math failed.

32 sats \ 1 reply \ @ek 7h

you're streets ahead

0 sats \ 0 replies \ @Undisciplined 6h

Great phrase: "Streets ahead" is verbal wildfire!

21 sats \ 0 replies \ @BTCLNAT 8h

Every change generates different criteria. Every platform must evolve in its actions.

For me, SN is a PoW platform with added rewards. I always, and I say always, come out well rewarded, every day, even if I haven't stacked so many SATs, which in my opinion, MINE, are not few. But I always come out with knowledge. So if the work team understands that these changes will improve the platform in some way, then welcome. From the whole explanation I understood that before what was sent to a stacker, 10% was discounted and now it is 30%, if that is going to allow the platform to improve and last. My applause.

10 sats \ 2 replies \ @Coinsreporter 8h

While I like the breakdown of zaps, I feel the zap amount is going to be lowered.

And what if Stackers keep on zapping their subpar content even after it; which imo they can.

0 sats \ 1 reply \ @k00b OP 8h

They'll pay everyone else with good content more than they were before.

0 sats \ 0 replies \ @Coinsreporter 8h

Let's see how it goes, I've mixed feelings. But, it's definitely a good move for territory owners. Out of 100, 21 goes to them. How I see it they they only require an 15000 Sats zap daily on the territory to maintain it. Territories are gonna be in profit for sure.

0 sats \ 0 replies \ @AJ1992 3h

30% now? @k00b youre getting greedy now...

0 sats \ 1 reply \ @kruw 4h

Interesting. This could create a bidding war situation.

0 sats \ 0 replies \ @k00b OP 3h

Kinda the point ;)

0 sats \ 0 replies \ @bitalion 6h

your own posts and comments now have a flipped bolt (distinguishing them from other posts), allowing you to boost them beyond the edit window

Very interesting, sometimes I get lost in the thread of the conversation, being able to identify what I wrote about others is appreciated.

0 sats \ 0 replies \ @TheWildHustle 6h

your own posts and comments now have a flipped bolt (distinguishing them from other posts), allowing you to boost them beyond the edit window

This.

0 sats \ 0 replies \ @WeAreAllSatoshi 6h

Did we recently lose the pulsing zap icon for cancelable custodial zaps?

0 sats \ 2 replies \ @WeAreAllSatoshi 7h

This backwards bolt confused the shit out of me lol

37 sats \ 1 reply \ @south_korea_ln 7h

Looks a bit like the Waffen SS jolt...

0 sats \ 0 replies \ @Undisciplined 6h

Also, and suspiciously, the ~Stacker_Sports logo. How much do we really know about this @grayruby character?

0 sats \ 0 replies \ @Carresan 7h

Following your post , I have searched and I have learnt what a Sybil attack is and Sybil resistance means. If this is what it is needed, fair enough, I hope it helps.

0 sats \ 0 replies \ @BlokchainB 8h

Sheesh I’m so out of it