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RE: Reward Pool Explanation

in #steemit7 years ago

@whatsup,
This is why I like POW, but if there is POW at STEEM then there is no Steemit! Coz who pay for contents! Actually this is a great concept, but reward pool misuse, we should not let that happen! But in most cases it is done by Big Whales or Bots! Coz they hold the most of SP power in their accounts!

Cheers~

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The distribution of Steem is extremely concentrated and that comes up over and over in different ways.

There can be no reward pool abuse, due to the fact the ability to distribute votes is in the hands of the stake holders. Some do take advantage of the fact many aren't watching.

While I don't agree it is abuse, I do think there is a lot of poor judgement, experimentation and trying to find our way in a brand new project. There is no model to copy, we have to figure it out.

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