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A description of the Bitcoin Talk merit system

  01/06/18 06:04 pm, by , Categories: Background , Tags: bitcoin talk, merit, upranking

There are several types of merit, and they fall into two basic categories depending on their use. I will refer to 'permanent' merits as 'medals', and awardable merits as 'credits' They are not interchangeable, and they are stored in different locations. I will call the store for your medals your medal chest, and your awardable credits are kept in your credit wallet. A credit awarder is any member who has credits that he can give to other members.

Medals are the merits you need to maintain and improve your rank in the Bitcoin Talk forum, and once they have been placed in your chest, they are inaccessible to you. The count of the medals/merits in your chest is displayed in your profile information, and this count is considered when the upranking cron job is run every 14 days by the forum server. There are two type of medals, 'legacy' and 'earned'. Legacy medals were awarded to existing members of the forum when the merit system was implemented. They were awarded to allow members to retain the rank they had achieved as a result of their past support for the forum. Earned medals are the medals that you receive as a result of making posts that the community deems to be meritable. To receive a medal, an awarder will send a credit from his wallet, and the system will convert this into a medal that is stored in your chest.

Credits are referred to by  variety of names in the forum, and these include 'spendable merits', 'sendable merits', and 'source merits'. There are several ways that credits are generated. On the first day of the merit system there was an air drop, and most of the forum members received an allocation. This allocation was based on a calculation involving the member's rank at the time, and his activity count. There is another way that credits are generated - for every two medals that are added to your chest, the system will add a credit to your wallet.

Credits are also generated by merit sources. A merit source is a senior member of the forum, and the administrators have decided that he can be trusted to generate new credits to award to posters. Upon appointment, a merit source receives an initial allocation of credits, and he can award these as he sees fit. These are not combined with any credits in his wallet,  but are kept in a source credit pouch. These credits are rather special, as they are replaced 30 days after they have been awarded, and the replacement is added to his pouch. You will realise that any delay in awarding these credits slows down the generation of new merits, and this illustrates the damage that bad posters do to the ranking potential of the better members. If a source is slowed down by disruptive posting, he will not be able to visit as many threads to award his credits. When a  pouch is empty the source can continue to award credits from his wallet. You can see why there are only a few merit sources, as they are usually credit rich, with credits from the air drop, earned credits, and a renewable supply from the source.

You can check your status as a merit awarder by clicking on the '+merit' button to the top right of any post. If your don't have this button, then you don't have any credits (sMerits) to award. Clicking on this button will open a window containing the following text

You have received a total of 9999 merit. This is what determines your forum rank. You typically cannot lose this merit. You have 999 sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.

If you are a merit source, you will see the following message in addition to the one above,

You are a merit source. The next 999 merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit.

 

I hope this article will be of help to members, and I will update it if I have made any errors or omissions. Please comments below if you would like clarification of any issues.

2 comments

Comment from: retty [Visitor]  
retty

Hi, as a recently joined member i see lots of posts and threads with regard to merit(s). In all honesty i didn’t really know why people wanted to ‘rank up’ so desperately, I am still unsure why to be honest, and I expect the better the quality of info/post the better your chances of merit?

Either way, it seems to be a big deal within the forum, and obviously very sought after. So I am glad you invited me to look at this, as it does explain it in depth- I literally read it three times as there was quite a bit to take in, though i do understand the reasoning behind it. I can also see that merit is seldom given to newer people as from further investigation it seems that a lot of newbies intentions aren’t trustworthy, so I genuinely think its a good thing to have the merit system. At the risk of making it harder for myself to gain any merit as a newbie, i agree that quality content trumps multiple pointless 2-3 word posts every single time. Feel free to reach out if you need anything else from me.

Regards,

Ross (retty!)

05/06/18 @ 11:07 pm
Comment from: najaatu paki [Visitor]  
najaatu paki

A very helpful article,shares more knowledge about the merits system.But nowadays getting merits in the forum is much more difficult than before one can be doing the best to get merited and ended up without getting any .I think more knowledge should be shared about the merit system and how it work.

06/06/18 @ 04:51 pm

This post has 3 feedbacks awaiting moderation...

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