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$6 cannot be the median payout of posts if 90% of all posts earn less than $6.

Or does this

image.png

mean that the median payout of the posts that strike the inflection point of the linear and the sublinear reward curves during the period from which the data is drawn is $6?

Very interesting question, thank you very much for your feedback.

What I try to say here is: 50% of all rewards go to posts below $6, and 50% go to posts above $6.

Then $6 is this middle point. It corresponds to the median if we define the population as the number of rshares (not the number of posts) in a discrete probability distribution (wiki ref).
Also you can see here https://joticajulian.github.io/steemexplorer/#/reports this distribution. I draw the median with a different color.

This value is very related with the previous hardfork, where we had linear rewards: Posts above $6 get more rewards compared with HF20, and posts below $6 get less rewards compared with HF20 (not taking in consideration the cut of 10% for sps).

Thanks for the clarification.

Indeed, the curve does what you'd expect it to do: distribute the rewards more unevenly among posts. The rationale for that is that is makes it easier to limit the amount of value sucked out from the system by spam and farmed low-quality, low-value posts flying under the radar. Many people expected this to result in worse non-merit-based income inequality than before. But increased downvotes put an end to the bid bot industry, which made former bots curators, which in turn made the whole platform much more meritocratic.

Good question. I was also wondering what that phrase meant.

Yeah, I caught that too. I took median to be an informal term for the inflection point, not the mathematical median.

I think it was the median value of posts at the inflection point. An interesting fact, by the way, although dependent on the price of STEEM.

Wow, this is a very nice way to see Steem statistics. Good job.

Its clear and helpful info!

this is great, shared on Linkedin

Thanks Paula!

Thank you for sharing these statistics. It helps a lot of new people understanding about the steem blockchain. 😀


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This post has been curated by Steemitas Club. Congratulations @jga and thank you for sharing this infographic.

Steemitas Club is a community to give free delegations to new steemians and also has a curation project to support original content.


Thank you @jga! Thank you for sharing! You’re the Best!

Thanks for this it has helped most of us that are new here... Happy new year

Welcome back, and happy new year too!!! I missed you...

thanks :)

Very interesting. I feel fortunate to have had posts that have earned more than $5 in my short time on the platform.

Cool Report!

Hello Friend Julián @jga.
It's nice to see a post from you again, and the best thing is the information, however curiously I went directly to the link and I could see the statistical information much better.

You should do one every 15 days.

From Venezuela I send you a big hug, I hope your wife and daughter are very well, I imagine they are already used to cold ..

Hi Jose.
Thanks for the feedback!

Welcome. It was nice to see your steem statistics.

Got to have a better rewards system. Hopefully with SMTs things will change.

Nice
!trdo

Congratulations @shitsignals, you successfuly trended the post shared by @jga!
@jga will receive 1.73732850 TRDO & @shitsignals will get 1.15821900 TRDO curation in 3 Days from Post Created Date!

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Very nice and neat! 👍

Hi @jga!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.342 which ranks you at #747 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 86 contributions, your post is ranked at #8.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

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These are very nice graphics!

Cool info 👍

Posted using Partiko Android

Congratulations @jga!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Pending payout - Ranked 1 with $ 69,47

Thanks for this post.

This is a really great illustration!

Do you mind if we use it in our blog post about Steemit with a redirection to your Steemit blog?

I'm BOI, by the way, the new blog in the Blog Town. It's a pleasure to meet you!

Yes, no problem. Use it 👍

Неплохо

Very cool way to make a Steem based report.
Interesting and educational

its great!

Hi @jga

Excellent comparison. I've heard once that picture tells more than thousand words and it seem to be very true :)

Very interesting

..hmmm,make me think about a moment...meanwhile...up..follow you..resteemed..

Wow, I had no idea I was in the top 9% of daily earners. I am thankful that I made it here.

These statistics look so much better than when I started.... if it’s quality that is being rewarded I think they work pretty nicely. A little more distribution is always nice. I hope many others have a chance to enjoy daily $6 posts

Please keep these up!

Congratulations @jga, your post successfully recieved 1.7373285 TRDO from below listed TRENDO callers:

@shitsignals earned : 1.158219 TRDO curation


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Thanks for the post.

Oh hey that's interesting. At least somebody was able to check on it so we can know about it. :)

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