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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 3/15/2018

in #steem7 years ago

Booya, that's what I like to see, hopefully this rate keeps up or increases as more people join, because the perception is that the wealth disparity is only increasing as whales vote themselves. I think we need more sitewide emphasis on the changes being made like in this post here. It will motivate people or at least put them at ease

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Yes and the perception is wrong.

I think @jakeybrown, that the rate can only increase as more daily active users sign on. When taking the reward pool as a whole, the more articles up, the less each article will earn since upvotes are spread around. Collectively, this will make the smaller users in terms of SP (who have greater numbers) taking a larger piece of the pool each day.

With 60K daily active users, the Whales percentage is much less than when it was 800 users. Imagine how it will look with 500K daily posters....

This is where I believe we are heading.

Each SP that goes into a Dolphin, Minnow, or Red Fish, means that account is growing. Plus, 1 SP in an account of 100 just grew it at 1%. Hence the percentages can grow very quickly.

yea, mass adoption can't come quick enough, I think we are going to need to lower the difficulty in getting started here before we see it. This is complex for most people, and when they don't already have friends and are unsure about crypto it's hard to get people here and staying, I'm 1/5 on retaining people and that 1 is my dad haha, friends have posted once or twice then stopped