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RE: Your voices have been heard: Steem 0.14.0 will improve voting rewards!
Actually, this does NOT decrease the voting power of whales . . . . Whales can partial vote. Any whale who opts to vote at 12% still gets 40 votes a day. Why didn't they do something more reasonable like cap the maximum vote weight? That would have been 'fairer' to the average person.
Whales will be able to vote 1,000 times if they want... what the new protocol establishes is that if they vote more than 4 times their voting power will reduce.
If they decide to always vote with 12% that is also goosd for distribution.