Sunday, April 18, 2021

Testing

[test post for review - title: Trialing a new reward system]

Following this post on read.cash, a reward mechanism has now been built. It takes the form of another bot (me; u/rbtc-tipper) that collects funds for a semi-regular (averaging weekly) mass tipping event which will reward the top posts of a subreddit whose mods approve of this activity on their sub.

The bot will collect funds into a single address that it has linked with the chaintip bot. Funds can be giving publicly through chaintip on the weekly tipping thread, or anonymously be sending straight to the address.

A mass tipping event will be triggered based on the latest block hash so that the timing of the event is random and distributed around an average weekly tipping period. This will make it such that trying to game the system directly before the event is not possible.

We'll be trialing this system with a shorter average tipping period of 1 day on r/btc. Expect the first event to happen quite soon :)

Please leave your feedback on this idea (negative or positive) in the comments. Also, feel free to start contributing towards the fund if you like the idea, either by tipping this account using chaintip or sending straight to the fund.


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