RE: The Tale of the 5 Brothers -- A Voting Power Parable
Good post! Yeah, it all seems right enough. I'd love to know what the actual proportions are between our Andys and Franks.
One thing you left out of your model is the fact that Andy can cast most of his votes at 12.5% slider power, and then now and then cast a mega-vote at 100% power if he wants. This wouldn't change any weekly averages, but he could grab a bunch of influence in spurts. Still, he was almost certainly a lot better off before the change.
In the same sense, the 5-day target does not increase participation. It merely gives the same reward to lower participation as it does to higher.
Yeah, I'm seeing that now. The devs are measuring voting-quality by the absolute amount of voting power that gets injected into the system, but that's probably the wrong metric.
One more thing that your model leaves out is that the actual posts that people vote on may change, so we could see massive redistributions of posting rewards. Maybe the high-paying blockbuster posts will get voted higher, maybe they'll get voted lower. Very hard to predict, imo.
Well, you have to keep in mind that its not sheer numbers of franks or andys that matter, its the SP weighted porportion of franks and andys. Take a look at the top 50 of the richlist on steemstats and you'll see that many of them are infrequent curators with near 99% power pretty much all the time.
The "ned" effect as I called it in my other post, is going to be pretty significant, because there are a lot of whales like ned who are too busy to be Andys or even Bens.
Now a big question is are they going to "dial down" their 100% votes. Given that theyd be acting against their own interest, its hard ot believe they would.
if it is the latter, we are all fked.