Editing Validation Pool (section)

=== Vote ===
[[File:VPSCmint.png|thumb|355x355px|The original poster (O.P.) sends their post to the forum associated with the fee. The platform mints new reputation tokens proportional to the fee. ½ of the newly minted tokens are staked for the O.P. as an upvote, ½ are staked as a downvote, then the rest of the experts are allowed to evaluate the post and participate in the betting pool.]]
VPSC then encumbers default <math>c_2=1/2</math> of the newly minted tokens in the poster's name as an upvote, and encumbers <math>1-c_2=1/2</math> of the newly minted tokens as a downvote, left unassigned to any owner until the completion of the smart contract. The <math>c_2</math> fraction of the new tokens is thus given to the worker who put their evidence of work in the post. The remaining <math>1-c_2</math> fraction of the new REP tokens is given as a reward for participating in policing.

VPSC then allows each expert <math>e_k</math> to encumber any of their REP tokens (of the proper type) with an input <math>v_k</math> of upvote (<math>v_k=+1</math>) or downvote (<math>v_k=-1</math>) or default abstention (<math>v_k=0</math>). Once the voting period is finished, VPSC counts the votes by calculating the vote total <math display="inline">V_T:=\sum_{k=1}^{n-1}v_k R_k. </math> If <math>V_T\geq 0</math> that means the total REP used to upvote <math display="inline">R_U:=\sum_{ \{ i|v_i>0\}}R_{i} </math> outweighs the total REP used to downvote <math display="inline">R_U\geq R_D:=\sum_{ \{ i|v_i< 0\}}R_{i}. </math> This means <math display="inline">V_T=R_U-R_D. </math> Therefore if <math display="inline">V_T\geq 0</math> the post is validated. If <math>V_T< 0</math> then the downvote wins and the post is invalidated. (The fact that <math display="inline">V_T=0</math> results in validation reflects the almost arbitrary decision that ties will always favor the upvotes.)
[[File:VPSCvoting.png|center|thumb|433x433px|In this example the upvotes on the evidence-of-work post win with 90 tokens against 80 staked as downvotes. The original poster’s (O.P.) newly minted 50 added to a supporter’s 40, against the 50 newly minted downvote tokens added to 30 tokens cast as downvotes by detractors. The losers’ 80 tokens are split between the O.P., who receives 50/90 of the 80 lost tokens, and his supporter, who receives 40/90. Then the post holds a record of how popular it was amongst experts to determine the post’s power as precedence.]]