Steem statistics

in steem β€’Β  5 years agoΒ 

steemreports.png

This infographic is the result of a big data analysis made in the last month in the steem blockchain.

Visit https://joticajulian.github.io/steemexplorer/#/reports for more details and updates.

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Β  Β· Β 5 years agoΒ (edited)

$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?

Β  Β· Β 5 years agoΒ 

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).

Β  Β· Β 5 years agoΒ (edited)

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.

Β  Β· Β 5 years agoΒ 

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.

Β  Β· Β 5 years agoΒ 

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

Its clear and helpful info!

Β  Β· Β 5 years agoΒ 

this is great, shared on Linkedin

Β  Β· Β 5 years agoΒ 

Thanks Paula!

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


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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.


Β  Β· Β 5 years agoΒ 

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

Β  Β· Β 5 years agoΒ 

НСплохо

Β  Β· Β 5 years agoΒ 

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

Neat!

That's perfect 😍😍

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

Β  Β· Β 5 years agoΒ 

thanks :)

crazy stats here

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

Nice

Β  Β· Β 5 years agoΒ 

Very nice and neat! πŸ‘

Β  Β· Β 5 years agoΒ 

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:
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Β  Β· Β 5 years agoΒ 

Cool Report!

These are very nice graphics!

Β  Β· Β 5 years agoΒ 

Nice

Cool info πŸ‘

Posted using Partiko Android

Hello Friend JuliΓ‘n @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 ..

Β  Β· Β 5 years agoΒ 

Hi Jose.
Thanks for the feedback!

Β  Β· Β 5 years agoΒ 

Good

Β  Β· Β 5 years agoΒ (edited)

Β  Β· Β 5 years agoΒ 

Thanks for the post.

Β  Β· Β 5 years agoΒ 

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!

Β  Β· Β 5 years agoΒ 

Yes, no problem. Use it πŸ‘

Β  Β· Β 5 years agoΒ 

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

Β  Β· Β 5 years agoΒ 

НСплохо

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

Β  Β· Β 5 years agoΒ 

Welcome. It was nice to see your steem statistics.

Β  Β· Β 5 years agoΒ 

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

Β  Β· Β 5 years agoΒ 

its great!

Hi @jga

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

Β  Β· Β 5 years agoΒ 

Very interesting

Nice
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..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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Nice job

Β  Β· Β 5 years agoΒ Reveal Comment