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RE: Will HardFork 20.0 Fix A System Where 220 Steemians Earn $500/Post?
Hi @maryflavour
My short answer is, this is unlikely, but I'd like to be proved wrong.
As we have a proof of stake setup here, and the stakes are skewed much the same as the rewards - most of the SP is held in very few accounts, I cannot see HF20 changing the reward spread too much.
I'm guessing that if an analysis was done on showing average post reward / SP owned, the more SP owned, the higher the post reward will be.
Maybe Paula or someone would like to show that this is/ is not the case.
Cheers
Asher
yes, I will look at this :-)
Nice! I wondered if you'd be tempted :D
You made a great point here.
Adding to that, I think people should be allowed to self-vote. I think it'd incentivise gathering more SP. Some invest in SP to enjoy a little self-promotion by self-voting.
I believe there are some that powerup solely to have more SP to self-reward themselves when they post. Of course, in like most situations in life, some abuse this opportunity.
Well in a system where no one cares about what you post, the quality of your content really don't matter much, as is all about who you know that upvotes you.
I don't deny that I am guilty of upvoting those I know, and seldomly vote randomly. I think self voting is what keeps and encourage users to continue posting.
I do agree with you @greenrun that self voting abuse should be controlled and not totally removed.
@maryflavor I have prepared that analysis looking at the correlation between SP and post payout. The results surprised me
https://utopian.io/utopian-io/@paulag/what-you-need-to-know-about-post-payout-correlation-steemit-business-intelligence
People do care. It may only appear like they don't due to the sheer massive number of posts per day. It's easy for posts to fall through the cracks and receive no views.
Of course, it is a social media platform, upvoting your social network of friends and associates will always happen.
@ceepee, my sister, I'm glad that you are here and have made this submission.
My family & friends, whom I introduced to steemit deserve support & so I upvote their posts. Random votes is important as well to me, since that is how I grow outside the circle jerk.
I really like the curation support that your team is giving Nigerians through @naijaboost. You'll be receiving more support from me every now and again. Kudos to your team. Well done @ceepee!!!
Thank you my dear sister. Is important we support those we imntorduced, if we dont who will? Not in this steemit platform that I know.
Yeah, you are right. I have my sister on this platform but she hasnt blogged for once, but if she does, i have not option than to reserve 100 % upvote for her. Its just the little one can do to help friends and family that got to steemit by ones evangelism.
I salute the team behind @naijaboost. Honestly dem try. Just like your @redfishpillar helped alot of people and still helping.
I agree here. If you post once a day and spend 2/3 hours on it, I think you are ok with voting yourself for your work.
Cheers!
I second this thought too.
Hello @abh12345,
short answer is, this is unlikely, but I'd like to be proved wrong.
Yes, I do agree that the proof of stake (POS) system is what operates here, precisely delegated POS (dPOS). However, the number of stakes one has here is not proportional to his earnings, IMO. If it were to be so, I wouldn't be earning an average of $10/post when I've staked 17 Million vests/8,400 SP. Anyway, it would be interesting for @paulag to look at that as an expert in data analysis. Thank you for highlighting this aspect of staking in the system. I really appreciate it.
Hi @maryflavour
I understand from your point of view, your payout/SP held might not seem to relate, this is why we need data covering many accounts in order to build a more comprehensive picture of what is happening.
I see @paulag has accepted the challenge to see if anything can be found regarding this, and I look forward to her analysis.
@paulag has done a new analysis already . Her discovery is that there is a relationship between steemit reputation and post payout.
Yes I saw. That is interesting, and I am wondering (with my latest post mentioning it) what is fueling such a linear curve in payouts as you rise up through the reputation ranks.
As far as Steem Power - post payout goes, no evidence.
I see you have 22k Steem power in total, just a bit less than myself. I must admit, I don't know much about your content, who you support, and what communities you are involved in.
Perhaps you have just missed the right people so far? And I guess we all think our posts are worth more than they receive :)
Asher