RE: Apology To @mibenkito, Honest Whales, Investors, Witnesses And Steemit Community

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Apology To @mibenkito, Honest Whales, Investors, Witnesses And Steemit Community

in steemit •  8 years ago 

I follow you, and I normally vote on your work, but a 5 vote per day maximum was imposed 2 hours ago. I hope you accept this comment instead!
It appears that nobody will make the same amounts as before the change.

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Not true.
Steem v0.14.2

Vote Balancing
We have reverted the changes to vote balancing from 0.14.0. Voting power and vote weights are unaffected in this release.

Besides @knircky is right, it was proposal for a target, and a target is different from a maximum.
Anyway, you can safely vote if you like.
That's what is all about and always should be.

I wish I understood what the above sentence means. It is not clear.

Here's good post about that subject: The Tale of the 5 Brothers -- A Voting Power Parable by @sigmajin. But again: eventually it was NOT changed.

  ·  8 years ago (edited)

while @sigmajin's post is excellent, you need to read it carefully to understand it properly.
What the sentence means is that, if the vote balancing was still in place on this fork, e.g. 5votes &24h Voting Power recovery vs 40 &24 VP recovery, you would burn through your VP faster if voting as usual. 5 votes/day is a target as you'll be back at 100% VP in 24h as opposed to a maximum which is a rundown of all your VP (around 25 votes). If you burn all your VP, you'll need 1 week to be back at 100%.

PS. all votes above are assumed at 100% weight.

@anduweb omg, why is that so confusing? Voting should be the easiest part of Steemit. Give every person one vote power and make it equal to some amount of Steem. Then let people vote how they want and however much they want. All this 100% regenerated voter power and target and numbers are making the comminity less attractive.

:) this one is really simple: to avoid gaming the system. If I get 100 or 1000 accounts and upvote my other 100 accounts that all have shitposts, no value is added to the platform, everyone leaves, steem(it) dies

there is no 5 vote maximum and it never was planned. a target is different from a maximum.

I read that the vote change did not get approved in the hard fork. They are working on communicating it to the community first.

I hope your right but the numbers are telling me otherwise. Where did you read that?

This shows the postponement and disenchanted members talking how the vote robbery will continue as planned.

https://steemit.com/steem/@steemitblog/steem-0-14-1-released-hardfork-postponed-until-9-20-2016

Maybe the part that says:

Voting Power Algorithm Unchanged

Actually that was rolled back according to the latest patch notes. So upvote away!