So it helped with getting the rewards spread a bit more, but has now (potentially) caused some other challenges. I'm assuming there were still be multiple changes to get Steemit just right...
I certainly hope that Steemit does get "fixed" properly in the long run to make it sustainable :)
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The entire thing is bootstrapped. Problems (usually human social ones) emerge, then a fix is applied to the algorithm. This is how it how been built.