Interesting discussion.
Thanks for connecting the dots between the SEC lawsuit and our seurity.
I have a question.
When I had about 60,000 STEEM powered up I noticed an exponential increase in earnings via curation, which seemed greater then the percentage of stake increase. Do you think this is a normal increase in curation in both Steem and Hive or did Hive change the algorthym so that curation increase with stake is a strictly linear increase?
I know you meant this for @edicted, but I have been here and followed the changes. In the beginning Steem had inflation like Venezuela. You escaped that with powering up. Steem was meant to be something you immediately traded when a power down gave you some to another who would immediately power it up. Powerdowns took half a year to complete.
Also when there are fewer people there was a greater per user distribution of the reward pie on average. And yes, prior to the patch called equality, post rewards were super linear.
Thanks for the background information.
I think what your saying makes sense.
If I understand correctly you are saying I may have experienced greater proportionate rewards from fewer competitors for the reward pool pie.
That makes sense.
When you are here day in and day out, regardless of the Steem price or Hive price we sometimes forget that others have left the project to earn bigger rewards elsewhere, and that may inflate our rewards compared to a period when we had less steem / hive and more competition.
Thank for you helping me understand another variable in earnings.
You gave a better answer than I did 🖖
That hasn't been a thing since before I joined Steem in 2017.
Not sure what you were experiencing you aren't really giving me much information.
There are a couple of reasons why the reward pool might get inflated but rewards have pretty much always been linearly based on powered up stake.
I was referring to what I thought was a larger increase in curation rewards when I went from 1000 Steem to 2000 Stee. The reward increase seemed to more then double. So for a while I ran a project where I would combine other peoples Steempower into a voting account which seemed to deliver larger rewards.
But it could have been for some other reason like timing of my vote, since that was also a deciding factor at one time, and the subject of discussion and change with the hardforks.