JayJuanGee
Legendary
Offline
Activity: 3808
Merit: 10713
Self-Custody is a right. Say no to"Non-custodial"
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January 29, 2018, 01:29:46 AM |
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In general, the new system is not bad. But you need to write clear rules (criteria) based on what I can give the user "sMerit" without fear of getting negative (red) trust. And also I have a small suggestion for improvement. You can do this for forum users, possibly starting with the rank of "Member" and above, so that "sMerit" is updated after changing periods. Those. After 14 days, a small amount of sMerit is added (2-5 sMerit depending on the rank). This proposal arose because all can have different criteria for the usefulness of the message. And what is interesting for participants of a lower rank, may be uninteresting for the participants of the Legends.
Granting sMerits based on rank would encourage account farming, so that's unlikely to be implemented. There are ~50 merit sources, presumably with a wide range of criteria of what they consider "useful". Every month they will spread merits to at least 200 other users (likely many more). I think that the calculation would be something like about 50 merit sources spreading about 185 merits (9,250 merits monthly), to perhaps 100 different users - so 50 x 100 = 5,000-ish different users would receive those 9,250 new merits, which would in turn allow the 5,000-ish users to distribute a portion of their 9,250/2 = 4,625 smerits to more members - a rippling effect, not counting the already existing smerits that will be floating around from the initial distribution and carry over smerits from previous months... not an exact science because of course there will be some hoarding, but I think that Theymos has already put some systems in place to verify how many smerits are being used on a regular basis.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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cmmhbct
Member
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Offline
Activity: 97
Merit: 12
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January 29, 2018, 02:01:34 AM |
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I think that the calculation would be something like about 50 merit sources spreading about 185 merits (9,250 merits monthly), to perhaps 100 different users - so 50 x 100 = 5,000-ish different users would receive those 9,250 new merits, which would in turn allow the 5,000-ish users to distribute a portion of their 9,250/2 = 4,625 smerits to more members - a rippling effect, not counting the already existing smerits that will be floating around from the initial distribution and carry over smerits from previous months... not an exact science because of course there will be some hoarding, but I think that Theymos has already put some systems in place to verify how many smerits are being used on a regular basis.
sMerits produced as by-products of Merits from exchanging (I can called that) merits between users, senders and receivers. Personally, it's hard to calculate exact sMerits produced or used monthly, right?
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suchmoon
Legendary
Offline
Activity: 3766
Merit: 9007
https://bpip.org
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January 29, 2018, 02:18:34 AM |
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sMerits produced as by-products of Merits from exchanging (I can called that) merits between users, senders and receivers. Personally, it's hard to calculate exact sMerits produced or used monthly, right?
It's going to be somewhere between 9925 and roughly double of that, but it all depends on how reliably users will spread them. I would imagine merit sources won't hoard, but from level 3-4 down there will be some who just won't care enough.
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mikhailr
Sr. Member
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Offline
Activity: 812
Merit: 443
★777Coin.com★ Fun BTC Casino!
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January 29, 2018, 02:27:22 AM |
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In general, the new system is not bad. But you need to write clear rules (criteria) based on what I can give the user "sMerit" without fear of getting negative (red) trust. And also I have a small suggestion for improvement. You can do this for forum users, possibly starting with the rank of "Member" and above, so that "sMerit" is updated after changing periods. Those. After 14 days, a small amount of sMerit is added (2-5 sMerit depending on the rank). This proposal arose because all can have different criteria for the usefulness of the message. And what is interesting for participants of a lower rank, may be uninteresting for the participants of the Legends.
Granting sMerits based on rank would encourage account farming, so that's unlikely to be implemented. There are ~50 merit sources, presumably with a wide range of criteria of what they consider "useful". Every month they will spread merits to at least 200 other users (likely many more). It seems to me that farm accounts are excluded. If within 14 days only 2 sMerit are provided. This will be 4 sMerit per month. Accordingly, the farmer's account will be at least "FullMember" 100/4 = 25 months.
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suchmoon
Legendary
Offline
Activity: 3766
Merit: 9007
https://bpip.org
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January 29, 2018, 02:51:02 AM |
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It seems to me that farm accounts are excluded. If within 14 days only 2 sMerit are provided. This will be 4 sMerit per month. Accordingly, the farmer's account will be at least "FullMember" 100/4 = 25 months.
Farmers would create hundreds of accounts and would send merit between them.
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JayJuanGee
Legendary
Offline
Activity: 3808
Merit: 10713
Self-Custody is a right. Say no to"Non-custodial"
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January 29, 2018, 02:58:48 AM |
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sMerits produced as by-products of Merits from exchanging (I can called that) merits between users, senders and receivers. Personally, it's hard to calculate exact sMerits produced or used monthly, right?
It's going to be somewhere between 9925 and roughly double of that, but it all depends on how reliably users will spread them. I would imagine merit sources won't hoard, but from level 3-4 down there will be some who just won't care enough. Personally, I speculate that a larger than 20k quantity of smerits are likely to circulate on a monthly basis with a combination of the source merits, the sendable merits that are generated from source merits, and the already existing sendable merits. Either Theymos is going to be able to look up specifics, but it seems that theymos already provided enough tools that forum members are going to be able to look up those numbers to speculate a decent ballpark number (if not an actual number) regarding how many merits are being spent on a regular basis, whether monthly or otherwise.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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January 29, 2018, 03:22:53 AM |
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Do the consumers here not find this new hurdle for advancement a little humorous? I mean if anything it just made my less than stellar account worth so much more than before. I can't wait for the offers for space in my signature line...If only I didn't post so few merit worthy posts, oh that's right it doesn't matter.
-PoolMinor
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Btc=C2MF Free BTC Poker Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant
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suchmoon
Legendary
Offline
Activity: 3766
Merit: 9007
https://bpip.org
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 29, 2018, 03:29:48 AM |
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sMerits produced as by-products of Merits from exchanging (I can called that) merits between users, senders and receivers. Personally, it's hard to calculate exact sMerits produced or used monthly, right?
It's going to be somewhere between 9925 and roughly double of that, but it all depends on how reliably users will spread them. I would imagine merit sources won't hoard, but from level 3-4 down there will be some who just won't care enough. Personally, I speculate that a larger than 20k quantity of smerits are likely to circulate on a monthly basis with a combination of the source merits, the sendable merits that are generated from source merits, and the already existing sendable merits. Either Theymos is going to be able to look up specifics, but it seems that theymos already provided enough tools that forum members are going to be able to look up those numbers to speculate a decent ballpark number (if not an actual number) regarding how many merits are being spent on a regular basis, whether monthly or otherwise. I'm not really thinking about the initial allocation, I assume it will get depleted within a few months. It's been like 3 days and we already sent out nearly 30k out of ~1200k total possible. Plus theymos threatened to implement decay so it's gonna be gone one way or another.
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athanz88
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January 29, 2018, 03:37:08 AM |
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In general, the new system is not bad. But you need to write clear rules (criteria) based on what I can give the user "sMerit" without fear of getting negative (red) trust. And also I have a small suggestion for improvement. You can do this for forum users, possibly starting with the rank of "Member" and above, so that "sMerit" is updated after changing periods. Those. After 14 days, a small amount of sMerit is added (2-5 sMerit depending on the rank). This proposal arose because all can have different criteria for the usefulness of the message. And what is interesting for participants of a lower rank, may be uninteresting for the participants of the Legends.
Everyone would spam that merit to their other account, and it will make the purpose of merit points unsuccessful to achieve. And it would be no different than activity point if you propose merit can be gained based on time. Change your point of view and learn this merit point. For me, I see this merit as a "level or yourself quality", it is earned trhough a hard work of yours, it is a thing to be proud of. If you re here for money from your work at campaign (I bet everyone can not deny they re here for some money, whetehr its campaign or knowledge of trading,mining,etc), then you may put yourself as a worker trying to get paid and promotion to next level, and to get that promotion you will need that merit points, if you work hard you will get that points. And promotion in the company from your upper/boss doesn't decided on how long you already work there, but it is decided from the quality if you re worthy of that promotion based, and there are some reason like quality of your relationship (friend, family, etc), as you may see there are lot of new workers get promotion rather than old workers in one company.
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dragonhunter11
Newbie
Offline
Activity: 66
Merit: 0
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January 29, 2018, 03:59:45 AM |
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Is it possible that merits can work as "likes" or "thumbs up"?
I guess the main idea is to improve the community and I appreciate that.
I'm just thinking maybe we can promote an activity that ask everyone thumbs up those posts they like and you can only give out 5 likes each day or something like that.
Right now, I feel like merit is more like a coin. Correct me if I'm wrong.
Hope this community becomes better and better.
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btcsmlcmnr
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January 29, 2018, 05:10:56 AM |
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Is it possible that merits can work as "likes" or "thumbs up"?
I guess the main idea is to improve the community and I appreciate that.
I'm just thinking maybe we can promote an activity that ask everyone thumbs up those posts they like and you can only give out 5 likes each day or something like that.
Right now, I feel like merit is more like a coin. Correct me if I'm wrong.
Hope this community becomes better and better.
The need for limiting maximum merits which one user can send to others are real, neccessary. However, I would like to correct you a little bit, merits dont have any relationship to coins. Did you misunderstand the term?
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tricker01
Member
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Offline
Activity: 140
Merit: 20
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January 29, 2018, 05:23:51 AM |
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Is it possible that merits can work as "likes" or "thumbs up"?
I guess the main idea is to improve the community and I appreciate that.
I'm just thinking maybe we can promote an activity that ask everyone thumbs up those posts they like and you can only give out 5 likes each day or something like that.
Right now, I feel like merit is more like a coin. Correct me if I'm wrong.
Hope this community becomes better and better.
The need for limiting maximum merits which one user can send to others are real, neccessary. However, I would like to correct you a little bit, merits dont have any relationship to coins. Did you misunderstand the term? Well as far as I know the number of merit that you can give to other are limited only for one month. But after that it will reset again. So means if you have 5 spendable merit in a month , then you will have it again next month. Even if you use it or not. And it only increase when you receive a merit from the others.
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ruletheworld
Legendary
Offline
Activity: 1386
Merit: 1045
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January 29, 2018, 05:46:49 AM |
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Is it possible that merits can work as "likes" or "thumbs up"?
I guess the main idea is to improve the community and I appreciate that.
I'm just thinking maybe we can promote an activity that ask everyone thumbs up those posts they like and you can only give out 5 likes each day or something like that.
Right now, I feel like merit is more like a coin. Correct me if I'm wrong.
Hope this community becomes better and better.
The need for limiting maximum merits which one user can send to others are real, neccessary. However, I would like to correct you a little bit, merits dont have any relationship to coins. Did you misunderstand the term? Well as far as I know the number of merit that you can give to other are limited only for one month. But after that it will reset again. So means if you have 5 spendable merit in a month , then you will have it again next month. Even if you use it or not. And it only increase when you receive a merit from the others. That's not how it works. Read the OP again. If you're not a Merit Source, then you won't have your sMerit 'replenished' each month.
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sinthan
Jr. Member
Offline
Activity: 280
Merit: 3
dApps Development Automation Platform
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January 29, 2018, 05:47:40 AM |
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I think the new merit system is great to avoid spam. The new merit system teach us to make a good post and think more before we post reply to the thread.
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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January 29, 2018, 05:51:01 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
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sncc
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January 29, 2018, 06:13:52 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
I didn't know that, I would send you Merit if I had sMerit, but thank you for sharing information!
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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January 29, 2018, 06:24:58 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
I didn't know that, I would send you Merit if I had sMerit, but thank you for sharing information! I merited you 2 tokens of sMerit now you should have 1 sMerit to give.
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Btc=C2MF Free BTC Poker Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant
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sncc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 29, 2018, 06:30:11 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
I didn't know that, I would send you Merit if I had sMerit, but thank you for sharing information! I merited you 2 tokens of sMerit now you should have 1 sMerit to give. Wow, thank you! I merited the post, clicked browser back button and indeed my sMerit was correctly used.
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TheQuin
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January 29, 2018, 06:30:20 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
Thanks for the tip and congratulations on being top of the Merit giving generosity table. It's great to see someone putting so much effort into making this work.
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 29, 2018, 06:32:33 AM |
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Just a little tip for people sending merit: If you click the browser back button immediately after sending merit you will send it again. Unless you intend to merit the same post twice, close the window after sending.
Thanks for the tip and congratulations on being top of the Merit giving generosity table. It's great to see someone putting so much effort into making this work. Thanks, where can you see that listed?
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