RE: Oh the hard fork...

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Oh the hard fork...

in steemit •  8 years ago 

Yes there are millions of them and very few dolphins and whales, so this is really good as now more people hold the power for adding value

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And not only adding the value, but also rewards for many minnows on their posts and comments will increase. Realise that most minnows get votes from minnows but rarely from dolphins or whales. I always refer it as we have a SP pyramid with the highest SP holders at the top and the lowest at the bottom and what I think happens is that SP holders follow and vote for other SP holders at their level and higher in the pyramid. I have no figures, didn't do any analyses. But I think from what I saw today with my own post and prospect rewards, and knowing that most to all of my voters are far below 100k SP holders, the effect being very positive. At least how it looks today. In the end, for whatever reason we are here at Steemit, rewards counts as well to stay engaged; in the past many minnows got fed up with the enormous imbalance in reward distribution so they left the platform and stopped being active. Only recently we saw an enormous amount of new users who seem to be still active, but I think that had to do with the high Steem value, that also increased rewards.

Time will tell how this all will play out. Looking forward to it though :)

It will be very interesting to find out what will be happening as the larger whales vote again and as all the posts start to equal out in value. The future will be really interesting :)

Agree