Remember that the vote weight of a whale is not equal to the vote of a minnow, meaning when having 100M SP that is worth 1000 times more than someone who has 1K SP. Before the HF this was 100Mˆ2 versus 1Kˆ2. That is a REALLY big change now, meaning the BIG SP holders votes are worth much less than before, and what they do not have anymore is in the hands of the smaller SP holders.
But I assure you, the square root over linear, that is a fact and that is major. In small number it is something like this:
A: 10 SP holder
B: 100 SP holder
Before the value
A: 10* 10 = 100
B: 100 * 100 = 10.000
After:
A: 10
B: 100
Before the ratio between B and A was 100 and after only 10.
Do this for the bigger numbers and you noticed that the top of the SP pyramid was taking almost all the Steem distributed every day. That is why the whale no vote gave us an substantial jump in vote reward. I have the feel that last month or so more and more whales started to vote again and using up their votes every day. Anyway, that experiment is now ended. Lets see what that will do coming days/weeks.
Yes it is right, but remember that your votes use a lot more power now.
It was only supposed to be 4x. I was never this big a whale!
Well remember that there is a part of the reward pool that was never getting paid out and now I think the whole pool is getting paid out.
That could be it, lets see...
Dont worry. I gotcha. You can count on me and my 2 cents
and mine too :) you are invited to my steemit to read
Remember that the vote weight of a whale is not equal to the vote of a minnow, meaning when having 100M SP that is worth 1000 times more than someone who has 1K SP. Before the HF this was 100Mˆ2 versus 1Kˆ2. That is a REALLY big change now, meaning the BIG SP holders votes are worth much less than before, and what they do not have anymore is in the hands of the smaller SP holders.
Do you have a link for that info? Interesting.
From one of your valued witnesses @timcliff
https://steemit.com/hf19/@timcliff/potential-payout-changes-with-hf-19-launch
From STINC
https://steemit.com/steemit/@steemitblog/hf19-equality-coming-soon-linear-rewards
But I assure you, the square root over linear, that is a fact and that is major. In small number it is something like this:
Before the value
After:
Before the ratio between B and A was 100 and after only 10.
Do this for the bigger numbers and you noticed that the top of the SP pyramid was taking almost all the Steem distributed every day. That is why the whale no vote gave us an substantial jump in vote reward. I have the feel that last month or so more and more whales started to vote again and using up their votes every day. Anyway, that experiment is now ended. Lets see what that will do coming days/weeks.
Thanks for the details! Helps :)
Hi - having been here less than a week, I barely understand voting frequency and which votes carry more weight.
I do understand the ratio above, though, so thank you!
Cool! :)
Now I can just write a comment and give money to myself. WTF???
That is not a smart idea. Remember giving others will help you grow a following and that is more worth it than upvoting yourself
Thank you, I'm new here.
Just for today I am liking every comment I write and respond too until I get to 0% voting power. Enjoy :D
I see the power regenerates at 20% a day if you drain to 0%. 5 days to get back up!!
How can you check your current voting power and if it's been depleted for the day?
Check here but change my name for yours: https://steemd.com/@btcmillionaire
Thanks! Mine says 61% right now. What does that mean? Does it reset every day?
Every 24 hours yeah.