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RE: Steemit Update: HF21 Testnet, SPS, EIP, Rewards API, SMTs!

in #steemit5 years ago

If you have understood correctly then we are fucked up mate. Those small payouts you are talking about are what...less than 1$? Everything less than 3$...maybe less than 5$?

Who will be affected most?

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I think that the reduction is approximately:

  • 64% reduction in author payout at $1 post.
  • 54% reduction in author payout at $5 post.

Although clearly these are a combination of the three reduction impacts (SPS, CLRC, 50/50) not just the CLRC.

In my view it shifts the balance of the content side of Steem away from being a social network and towards being a blogging platform. Users who currently gain lots of small payouts, i.e. the engagers and social networkers, will be most affected, as well as new users trying to get a foothold on the platform.

So instead of doing the exact opposite, we are trying what exactly?To hammer the payouts of those who earn pennies and discourage all those which we have desperately been waiting to join us for so long?...maybe we are doing things wrong....? Just saying.

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