You are viewing a single comment's thread from:

RE: Very first impressions after Hardfork 19 took place

in #steemit7 years ago (edited)

After some thinking my preliminary conclusion concerning HF 19 is that ...

  1. I completely agree that the linear reward curve is a big step in the right direction.

  2. However I doubt that it was a great idea to increase the impact of a 100 % vote by a factor of 4 (whereby voting power would decrease faster per upvote).

    It means that you can reward some friends (or some strong accounts from which you hope to receive some loyalty votes back ...or ... yourself ... or ... your other accounts ...!) very rich, but then probably there is not much voting power available anymore for the 'rest'.

    However with a fast growing number of Steemit users it may be better to spread many small votes instead a few huge ones (reserved for a few 'loyal' accounts).

Sort:  

good article. But isn't the steempower reseting every day, so it doesn't matter right? I mean you could upvote your friends comment every day:
31 * 27.78 = 861,18
Reward after upvoting friends comments over 31 days and $27.78USD per upvote is equal to
$861,18USD.......that guy must / should be(come) a verrrrrrrrrrrrrrrrrrrry generous man after that sums of cash ;) !

Actually if my voting power has recovered (at the moment when writing the article it just had decreased from voting too often) a single 100 % vote should have an impact of over 50 dollar. Even if it decreases after every vote, I could spread a few very strong votes, indeed (with emphasis on "a few").

However the number of members is growing rather fast these days so it would be much better to spread many small votes instead of increasing the impact of a few 100 % votes. Of course I still can spread many 1 % votes but the temptation for big accounts is rather high to exclusively vote for each other (if I vote for a big account and he votes me in return that is much more profitable than voting for example for you and you vote me in return ...), to vote for themselves or to vote for ones second (third, fourth, ...) accounts.

Good conclusion! ;)

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 60935.14
ETH 2365.47
USDT 1.00
SBD 2.55