Wrong submission penalty: Fixed versus proportional

#	User	Rating
1	tourist	3985
2	jiangly	3814
3	jqdai0815	3682
4	Benq	3529
5	orzdevinwang	3526
6	ksun48	3517
7	Radewoosh	3410
8	hos.lyric	3399
9	ecnerwala	3392
9	Um_nik	3392

#	User	Contrib.
1	cry	169
2	maomao90	162
2	Um_nik	162
4	atcoder_official	161
5	djm03178	158
6	-is-this-fft-	157
7	adamant	155
8	awoo	154
8	Dominater069	154
10	luogu_official	150

Currently, the system is that each wrong submission leads to a fixed penalty of 50 points irrespective of the maximum points available for a problem. This means that for each wrong submission, one can lose as much as 20% of the points for a problem notionally rated 250 and only 2% of the points for a problem rated 2500. I am not sure if this fixed penalty system is a good system.

Perhaphs a proportional penalty system would be better where each wrong submission leads to a 4% penalty. This would mean that a 250-rated problem generates a 10 point penalty for a wrong submission and a 2500-rated problem generates a 100 point penalty.

Such a proportional penalty system would also be consistent with the current time penalty system which for most competitions works as 0.4% penalty per minute. Therefore a 4% penalty for a wrong submission will translate to a 10-minute time penalty, which is also what we use for ICPC style contests on codeforces.

If there is a way to do a poll, I could add that here. I am only gathering views and don't know if downvoting the blog entry is a disapproval for seeking views or expression the opinion that fixed penalty system is better.