Hey Steemian, Adil here and we got some Big Changes Coming Tomorrow!
Firstly, Let's look at Distribution of Steem $$$
- Do you see that Little green line?
- Take your time find it... You might need to use a Zoom.
- That's where about 85% of Steemians are.
- About 75% is owned by the 1%
Okay so what's the Hype behind this Update that's happening?
Linear Rewards
Everyone's Say Will now Be Directly Proportional to their Stake in steem (steem Power)
How it used to be?
It used to be a Ratio Of Steem Power + Number of Daily Upvotes
Now it's only Proportional to how much Power you have!
400% Voter's Impact!
In simple terms, everyone will be able to Reward with 400% More Upvote Moneys than Now.
- Important to Note that Voters Will Still Have the Same Limits as they used to. Just now they can Reward more at once, In stead of spreading their rewards little by little. If they choose to!
Consequences -
People with Power now can Max Upvote their own content and make more money or they can comment 15 Times and Give all the money to themselves...
I am not sure if that's a good thing or a bad one. Nonetheless It's happening.
At least now they can give More to You my fellow steemian :)
Other than that:
- They fixed several bugs
- Increased speed on various parts of the website
Thanks for reading, I hope this post was of Value to you!
If yes than please make sure to Upvote, Follow for more tips in future, or at least say Hi in comments :)
Thank you for sharing this, following you
You are most welcome, I am glad it was of value :) Following back
interesting :)
I've not been on Steemit for long so probably don't fully understand all the workings but I think it's a good thing, cheers for the article mate very helpful
Here I Bet you will get a TON of Value from this post of mine. You can learn all you need to know to start
Cheers mate I'll dig deeper
I want to pay myself now ππ
Hi @adil
Hello @angelshare
Great info thank you for the breakdown, I think I kinda get it, maybe...:-)
I haven't seen Anyone explain HF19 in simpler words. So this would be your best chance to understand :)
For sure :-) it made it very palatable, its just kinda complex but for sure this turned the light on way more than any other post I have read. Super excited about it:-)
Thanks for this great info adil. Upvoting and resteeming my friend.
@olmech thank you so much :)
Following you
Good info. Thank you @adil .
You are most welcome :)
ha ha ... minnows ... I'm the thing that minnows won't eat because it get's stuck between their teeth. :)
We were all there at one point. I'm still a minnow myself, but I'm plugging along. All it takes it time and effort. Put out quality, and you'll build yourself up :)
This is big news.
This post has been ranked within the top 50 most undervalued posts in the second half of Jun 19. We estimate that this post is undervalued by $28.41 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 19 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.