kaal:claim:3125822-014
Reddit's upvote system imposes insignificant punishment for voting randomly, and this lack of cost compromises the informational value of an upvote, which is the failure mode a staked validation pool is designed to avoid.
Source quote, verbatim
As a second example, Reddit's upvote system currently has insignificant punishment for voting randomly, which compromises the value of the meaning of an upvote
From
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018), 4.1.2 Tyranny of the majority and tragedy of the commons problems, p. 13
https://ssrn.com/abstract=3125822 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018). SSRN: https://ssrn.com/abstract=3125822
Holds when
Classification
empiricalsupport: evidencedfailure: costless votingfamily: reputation-system-gaminggovernance-designrisk-and-incentivesreputation
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