Quote from: tonych on December 28, 2018, 03:44:02 PM

Quote from: tonych on December 21, 2018, 06:19:52 PM

New rules for the next draw scheduled for Friday Dec 28:

1. Steem attestations with reputation over 60 are now also accepted along with real name attestations. There are only about 3000 Steem users with such high reputation, and many of them have a significant social following. The idea is that it'll help to build referral networks, attract smaller holders, and dilute the whales.

2. The draw has been criticized by both whales who think they are punished with the points system, and by smaller holders who see a large share of points still going to whales. Now the draw is split in two:
- one is based on balances, just balances, no points. The winner will be named Prince of Whales.
- the other is based on points as before, with rules further adjusted in favor of smaller holders (see below). The winner will be named King of Goldfish (suggestions about a better name are welcome).
The prize fund is split in two: 100 GB for the Prince of Whales and 100 GB for the King of of Goldfish but each participant automatically participates in both draws and can win in each of them (even in both at the same time). Now there can be two referrers, one for the Prince of Whales and one for the King of Goldfish, each receives 100 GB and 211.11 GBB.

3. The new rules for calculating points with the second threshold lowered from 1000 GB to 100 GB:
* Real-name attested addresses get 1 point per GB of balance up to 10 GB, plus 0.1 point for each GB between 10 GB and 100 GB, plus 0.01 point for each GB above 100 GB.
* Unattested addresses get 0.01 point per GB of balance.
* 0.1 point is awarded for each GB of balance increase over the maximum balance in the previous draws, up to a 2x increase.
* 0.2 point is deducted for each GB of balance decrease since the previous draw.

The rules for the next draw are the same.

Even though I am not a lottery fan, nor I am convinced it is a good idea to give up your anonimity for the hope of winning some coins, I must admit that the rules of the byteball lottery have been significally improved after the first few draws.