The LTB Network Forum

Will LTBcoin Talk evolve from a forum to process votes

Back to LTBcoin Talk

Comments

ademczuk

Offline
Posts: 123
Location: Melbourne, Australia

I seem to recall an early vision by Adam whereby LTBcoin would be used to 'upvote' comments, which could then filter to the top and decay with age much like they do on reddit.

Would upvoting with your coin create a sockpuppet army? Would filtered top/hot/new posts that decay improve upon the content generated by the community?

Posted on July 14, 2014 at 11:57 PM

0 likes

• joey.lucia

  

  Offline
  Posts: 22
  Location: Melbourne, Australia

  I think this would work, you could get to the most popular articles and content really quick, and often the popular content is also the best researched, funniest or most relevant one there is.

  Posted on July 15, 2014 at 6:13 AM
  Permalink
  1 like
• adam

  

  Offline
  Posts: 1980
  Location: California, USA

  yeah it's coming :)

  Posted on July 15, 2014 at 6:26 AM
  Permalink
  2 likes
• davidmosk

  

  Offline
  Posts: 5
  Location: Singapore

  You can look at OnVote- http://www.onvote.co/ It allows you to convert a small amount of bitcoin into voting credits. These can be used as a reward for content producers, or as a voting mechanism.

  The site is still in beta but I think it has potential.

  Posted on July 15, 2014 at 8:22 PM
  Permalink
  1 like
• irnhnve

  

  Offline
  Posts: 228

  There'd need to be some sort of integrated wallet so that tipping could be done without having to log into your counter wallet, copy/paste your address, etc. Maybe some thing similar to the tipping bots on reddit where small amounts of LTBcoin can in a wallet linked to a user profile?

  Posted on July 15, 2014 at 8:39 PM
  Permalink
  0 likes
• adam

  

  Offline
  Posts: 1980
  Location: California, USA

  @irnhnve There'd need to be some sort of integrated wallet so that tipping could be done without having to log into your counter wallet, copy/paste your address, etc. Maybe some thing similar to the tipping bots on reddit where small amounts of LTBcoin can in a wallet linked to a user profile?

  Yes, Devon estimates we will have MVP deployments in about a month.

  Posted on July 15, 2014 at 8:44 PM
  Permalink
  0 likes
• dirtyboots702

  

  Offline
  Posts: 49
  Location: SLC

  if the votes were generated through the counterwallet, how would the fee issue be resolved? 12 cents per vote would add up quick

  Posted on July 15, 2014 at 9:19 PM
  Permalink
  0 likes
• rotalumis

  

  Offline
  Posts: 285

  @dirtyboots702 if the votes were generated through the counterwallet, how would the fee issue be resolved? 12 cents per vote would add up quick

  The voting credits themselves will be off the blockchain, stored in a database. They can be bought for LTBc, but don't have to be Counterparty tokens, if that makes sense.

  With that said, my concern is that a system like this could create an unfair imbalance in voting power, biased towards those who can pay for it. We need to find ways to limit that to whatever is reasonable, maybe limiting how many votes a user can cast on any single piece of content, irrespective of the total votes that user has.

  Posted on July 16, 2014 at 3:39 AM
  Last Edited: July 16, 2014 at 3:43 AM
  Permalink
  1 like
• decentral

  

  Offline
  Posts: 13

  @rotalumis

  @dirtyboots702 if the votes were generated through the counterwallet, how would the fee issue be resolved? 12 cents per vote would add up quick

  The voting credits themselves will be off the blockchain, stored in a database. They can be bought for LTBc, but don't have to be Counterparty tokens, if that makes sense.

  With that said, my concern is that a system like this could create an unfair imbalance in voting power, biased towards those who can pay for it. We need to find ways to limit that to whatever is reasonable, maybe limiting how many votes a user can cast on any single piece of content, irrespective of the total votes that user has.

  yes, I think thete should be a max voting power per user, like x*y

  x being the amount of tokens you put in y being the amount of karma you have (amount of likes, ...)

  this may feel a bit redundant, because most users with a lot of likes have a lot of tokens, but it does not need to be the case (someone buying the tokens)

  Posted on July 19, 2014 at 10:35 AM
  Permalink
  0 likes

Post Reply