November has come and gone, but I'm beginning work on this experiment.
For anyone that wasn't deep in the threads where we teased this, we'll be running an experiment where trust isn't used in ranking anymore.
I promised to provide a venue for feedback before introducing this, so here it is.
history
When SN was started, we didn't have sybil resistance for our zaps. This forced us to introduce a web of trust ranking system. Not long after, we added sybil resistance to our zaps by sending 10% of any zap to the rewards pool. Today, 30% of any zap is sent to the rewards pool and territory founders.
hypothesis
This 30% sybil fee may be enough to make SN's ranking trustless, easier to comprehend, and funner to participate in.
what this means in terms of ranking
- 100 sats zapped from any stacker is equivalent to 100 sats zapped from anyone else
- 100 sats zapped from any stacker is equivalent to 1 sat zapped by 100 different people, or 2 sats zapped by 50 people, and so on
- 100 sats zapped from any stacker, and any number of stackers, is equivalent to 100 sats boost by the OP
more detail
- boost behaves exactly like a zap of the same amount
- we'll remove the boost minimum, ie you can boost 1 sat or 10 or 1m and it affects ranking like one or many stackers zapped you that much
- top boosts can still be pinned, but pinning will only last a week rather than a month
- meme monday will no longer have a bounty, but the meme with the most sats will still be included in the newsletter
- 100% of downzaps go to the rewards pool
- also, because downzaps have ~3x the provable sacrifice of a zap or boost of the same amount (ie downzaps send ~3x the amount to the rewards pool), they will have ~3x the effect on ranking
- something becomes outlawed when
0.3*(zap_sats+boost_sats) - downzap_sats <= -1000 sats
- 100% of rewards will go to top zappers of posts and comments, but rewards will still be distributed based on a WoT ranking system (the incentives of a trustless rewards pool is very tricky and this shouldn't influence the experiment too much anyway)
That's what is planned for the experiment currently. My suspicion is that our ranking algo is overindexed on trust currently and we'll either find out we don't need trust at all or learn that we need a lot less than we think.
If you'd be interested in seeing the above modified, speak now and forever hold your keys.
logtransformation?log(0.3*(zap_sats+boost_sats) - downzap_sats).