I'm trying to understand why that is - yes I did not read the whitepaper - that's because it's 44 pages and I've done enough white paper read-throughs with the other cryptocurrency and ICO projects. If you could point me out to the page or section in the whitepaper that describes this I'm happy to read through, but I figured that someone else here Has read it?
I did this using reccordit which makes it effortless to turn screengrabs into movies and gifs.
Your power is not enough to change the premium post!
Even one cent!
What do you see - this is a permanent change of article prices. Price increases and decreases at different time intervals. Depending on the behavior of voters!
Depends on who is voting. The more SP they have the more influence. This is not a good thing though. This is the kind of what killed Digg and led to the exodus to Reddit. A small powerful group of individuals controlled content.
That's right ! Then basically if you are rich, you have more voices and decide what posts are original/valuable. How I see the pay out right now from those HOT posts are just way off from Steemit orignal purpose
I find it so ridiculously illogical that I even wrote a small post about it
very simple.. Steem Power.. get one upvote from the founder of steemit for example and you instantly get $200
I'm too wondering the same thing about how Exactly these UPVOTE and pay out works . UP Vote for the record !