You are viewing a single comment's thread from:

RE: Hive: Inaugural Monthly Distribution Report Through 4/30/2020 (Whales Are Losing Power)

in LeoFinance5 years ago

From 75+% to less than 50% cumulative voting power for the whales. That is a pretty interesting development and definitely improves the claims that we as a community are really decentralized. It also proves that whales are willing to value good content and are allowing those who invest in the platform to become dolphins and orcas.

I do notice that the total amount of accounts on 30/4 are down compared to 31/3. Do you know why that is?

Thanks for sharing the information!

Sort:  

Well it is an improvement although decentralization is more of a process than a destination in my opinion. It is something that we keep moving towards. I dont know if we ever truly reach it.

As for the accounts, the Minnows went up to offset the loss of the other accounts. My guess is that many had HIVE that they powered down and sold out which moved them down the ladder.

That is why it will likely take a couple months for things to settle down and us to get a firm handle on the trends we are seeing.

Posted Using LeoFinance

You're right, it is more of process than a destination.

Looking forward to future updates 👍