You are viewing a single comment's thread from:

RE: Why didn't facebook implement the dislike button?

in #vote9 years ago (edited)

I am unsure, but imagine that if the sum of all the median payout votes for each post was lower than the total value of steem in the reward pool, then every author would actually be recieving a little more than the median.

No, if we imagine this implemented, the median threshold would always apply. What would happen is that the Steem reward pool would be able to have a daily surplus. That surplus would mean that more payouts would be possible in the future instead of consistently paying out the same amount. This could enable Steem to sometimes facilitate much larger projects via a single payout.

Sort:  

Would that not be prone to abuse? If whales could intentionally accumulate a surplus for example, and then use one post to vote extremely highly on, bringing all the surplus rewards to one account?

The same amount of money is being paid out in total. The whales could just as easily extract rewards among many posts than one large post. As usual, large payouts will always require high levels of consensus (as long as downvotes are allowed).

Coin Marketplace

STEEM 0.08
TRX 0.30
JST 0.035
BTC 110207.22
ETH 3860.56
USDT 1.00
SBD 0.52