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RE: Your voices have been heard: Steem 0.14.0 will improve voting rewards!

in #steemit8 years ago

Yes I think I expressed my point very poorly, but look at it this way:

Lets say you made a post that was voted by 100 minnows and dolphins but no whales voted for you.... all whales voted 40 times on different posts, your rewards will be diminished by the amount of posts whales decided to vote instead of yours.... with the new system whales can vote for less posts with full power so if you have a highly voted post you should be safe from this dilution.

Whale`s votes are the ones that really make a difference on total daily distribution, with the cap this influence will be reduced and you won´t be so dependant on whales votes to make money... I would like to see how this plays out tho.

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yes, but whales aren'tcurrently using 40 votes anyway. This will not decrease the number of whale votes. Therefore, it won't increase the power of non whale votes. The only thing it will do is make sure non-whales can cast their vote, which will be worth the same or nearly the same as it was, 5 times instead of 44.

This change is about further centralization, and promising users that their votes will be worth more or their posts will get paid more because of it is an sickening falsehood.

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