Analysis: What Does Fork 19 Actually Means for All of Us

in steemit •  7 years ago  (edited)

Believe it or not, Fork 19 is aiming to improve the content published on Steemit.

It will definitely encourage more people to increase the amount of their efforts when creating a content.

Let's summarise it again: Fork 19 aims to increase the voting power x4 and limit the number of the votes we have per day to 10.

After a short analysis, here are my conclusions on the impact after the update:

The increased value of the content will lead to increasing the popularity of the platform.

It means more influencers

It may also encourage non native English speakers to improve their language.
Of course, everybody is free to use their own native language. I've seen publications in Russian, Turkish, Korean.

It will reduce the poor content and the profit seekers.

The hard brain coded profit seekers may start seeing less reasons to stay here.
Or, it may just help them realize what actually Steemit is?

It will increase the value of the voting power of Minnows and Dolphins.

New users will be less motivated in attracting attention of the whales. Now, almost everybody will have a decent voting power.

I'm impatient to experience the change.

And I know that I shouldn't be worried, because Steemit doesn't owe me anything.

Fork 19 will also change the rules of Reward Distribution. @bitgeek has just released a detailed analysis on the Impact of Hard Fork 19 on Reward Distribution

Make checking the post, because sooner or later you'll start paying attention on the rewards you receive.

Please share your opinion, especially if you have doubts about the new update.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks for the summary. I've been wondering what this hard fork will entail. I hope what is promised is implemented well.

Just FYI: I've updated post with a summary on the actual update:

Let's summarise it again: Fork 19 aims to increase the voting power x4 and limit the number of the votes we have per day to 10.

We'll experience the implementation soon.

Thanks for that update. That will certainly shake things up a bit

Well for me it's unlimited against limited , a wise man once said an infinite amount of sand is better than a finite amount of gold

We'll soon feel the difference..