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RE: Self-voting needs to be addressed

in #steemit7 years ago

"If every single user"

I'm far from sure myself, but I think that's the wrinkle. I'm not sure all users can do this. We gained this increase of influence at the expense of whales who were benefiting from non-linear voting.

Here's an analogy. Castro died with a net worth of an estimated "at least" 160 million. Cuba had a population of 11 million in the year 2000. The average Cuban annual salary at the time was around $18. He alone could have handed out a month's salary to about 75% of his population.

I give up, though, I can't explain 137%. The rewards pool is supposed to readjust?

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Oh wait, maybe that's the problem. The increased reward pool only this week, because they essentially created money out of thin air on the posts that were already voted on. I think that's it!

So we have to wait at least a week and calculate again.

Maybe we'll get an answer at this post I just added. By all means, please check my math there:

https://steemit.com/steem/@lexiconical/inflation-math-for-hard-fork-19-157-steem-inflation-must-be-my-error-right

You can actually do it 11 times per day and i did the calculations, you earn 9.98 times the amount of your first upvote per day. You have to wait 7 days though before the compounding interests starts.

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