RE: Linear Rewards will make Steemit what it was Meant to Be — Steemit

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RE: Linear Rewards will make Steemit what it was Meant to Be

richardcrill (67)in #steemit • 7 years ago

I just reread that. That is is right on, man. Fuck yeah. Let's do this.

7 years ago in #steemit by richardcrill (67)

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everittdmickey (73) 7 years ago

Your Votes will Matter MORE!

Right now, votes have are based off of the square (SP^2) of your Steem Power. Technically this has an underlying piece called rshares, but let's not complicate things...just think of it in terms of Steem Power. A person with 1000 SP has a LOT more influence than somebody with 100 SP (imagine this for whales with 500k SP or more!)

1000^2 = 1,000,000
100^2 = 10,000

In this model, a person with 10 times more SP, have 100 times more influence.
◀⚫⚫⚫▶
They are going to be changing this to be linear instead of squared. Meaning someone with 10 times more SP will have 10 times the influence (compared to 100.) Essentially, this means for newer and smaller users, YOU'RE VOTE WILL HAVE MORE INFLUENCE!

bearbear613 (67) 7 years ago

thanks for explaining

$0.00

everittdmickey (73) 7 years ago

inform the witnesses..

richardcrill (67) 7 years ago

I just did... @aggroed

aggroed (78) 7 years ago

I'll be switching to HF 19. You'll need much more powerful witnesses than me, but I'm honored you thought of me here.

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