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RE: IGNORANCE IS STRENGTH - Is The 4 posts A Day Policy Just A Whale Tactic To Keep You In A Sleepy Matrix Minnow State?
"This algorithm is designed to penalize those who post 100 things with the hope that 1 will go viral and earn votes."
Guide to the posting structure can be found here.
It is really meant to discourage spamming, which I believe it has done. There are fewer accounts posting 10 or more "spam" posts from what I can tell. It takes more effort to open multiple accounts and posting 4 - 10 per account in hopes of hitting the "steemit lottery."
Glad to know the viral police have got the state of Steemit under control ;)