Aggroed, While studying about Steemit, I read that the starting rank is 25 and the cap is at 75. Can you confirm if the voting influence is tied to the rank or not? The reason I ask is that if the voting power is capped once you reach rank 75, then it is possible that eventually, many more individuals will be at that maximum whale voting power. If that is the case, then I believe that things should be left alone and it will eventually sort itself out. However, if vests and rank are not connected and early adopters are allowed to increase their voting influence exponentially or even linearly indefinitely, then there will never be a way to catch up and the early adopters will always hold the majority of power unless they decide to sell the majority of their Steem.
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These are different. Rep isn't even hard wired into the blockchain.
Thanks! So essentially, rep. is just an arbitrary way of saying you made some progress? Seems rather pointless then. Why not just use the vesting system to monitor progress instead. Steem Tokens, Steem Power and Steem Dollars make it confusing enough! Do we need 2 ranking systems as well? Is it all deliberately made to be confusing so that the great unwashed simply chase the pennies blissfully?
Rep is why people are nice. Steem is wealth. I'm in the middle of a post, but you're welcome to ask me stuff in the PALnet discord channel whenever.