Yes, all users are affected the same way but there are less whales than there are minnows and dolphins so their impact on the total reward porcentage should be less.
Right now a whale can vote on 50 posts and take away rewards from the rest right?... in the future that whale will only be able to vote with full power 4 times, thus taking away less rewards from other posts.
When you and me vote, we dont make as much of an impact on the platform so even tho all users will be affected equally, the platform should have a better distribution.
50 votes at 12.5% power on the new system will be the same as 50 votes at 100% on the old system, it won't be as different as you think. The real difference is that a default minnow vote will be 8 times as powerful (but of course they will have less of them).
I still don't get it ... my % compared with the whales % remains the same ... I will upvote more than 4-5 times as well ... they lose, sure, but so do I ...
There is no actual advantage, but it will "feel" better to minnows. Right now, when a minnow votes, usually it seems to have no effect on the post, so they feel helpless.
In the new system, a minnow vote will be more likely to boost up the post by a penny or two because the vote will be 8 times as powerful. There is a price for this though, and that it will burn out their voting power 8 times as fast.
There are houndreds of minnows signing up to the platform everyday, as whales are a very selected few... so minnows votes will have more and more impact, especially as the platform grows.
Will the value of an average person's first 5 votes increase? If it does, then 100 average people voting on a great post might generate e.g. $100 for that post, without any whale votes. That's how I'm hoping this change will work.
It will affect every user in the same way, but now whales can only vote 4 times with full power.
Everytime a whale votes for a post is taking rewards from another post... it is all proportional and there is only 27k steem to be distributed daily.
Each vote will be 8 times as powerful (all else being equal). I suspect whales (and I) will be using fractional votes more often.
Yes, all users are affected the same way but there are less whales than there are minnows and dolphins so their impact on the total reward porcentage should be less.
Right now a whale can vote on 50 posts and take away rewards from the rest right?... in the future that whale will only be able to vote with full power 4 times, thus taking away less rewards from other posts.
When you and me vote, we dont make as much of an impact on the platform so even tho all users will be affected equally, the platform should have a better distribution.
50 votes at 12.5% power on the new system will be the same as 50 votes at 100% on the old system, it won't be as different as you think. The real difference is that a default minnow vote will be 8 times as powerful (but of course they will have less of them).
I still don't get it ... my % compared with the whales % remains the same ... I will upvote more than 4-5 times as well ... they lose, sure, but so do I ...
right, so basically ... as long the minnows vote only 4-5 times ... that's how they get an advantage? that doesn't make any sense to me ...
There is no actual advantage, but it will "feel" better to minnows. Right now, when a minnow votes, usually it seems to have no effect on the post, so they feel helpless.
In the new system, a minnow vote will be more likely to boost up the post by a penny or two because the vote will be 8 times as powerful. There is a price for this though, and that it will burn out their voting power 8 times as fast.
wow ... they just launched something new again ... we can measure our votes now
THAT's a good thing!
but ... only as long they vote only 5 times, right?
and is there a difference between voting for actual pages or just a comment? or is that all the same?
(I got 2.5k sp)
There are houndreds of minnows signing up to the platform everyday, as whales are a very selected few... so minnows votes will have more and more impact, especially as the platform grows.
sure, but at the same time ... because right now, it's all so skewed ... the platform is not growing, but shrinking ...
Exactly, minnows and dolphin`s votes will have more of an impact and there are always new minnows joining the platform but very few whales.
Will the value of an average person's first 5 votes increase? If it does, then 100 average people voting on a great post might generate e.g. $100 for that post, without any whale votes. That's how I'm hoping this change will work.