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RE: Joining in on the self voting on comments fray...

in #steemit7 years ago

Promoting posts doesn't seem to do much. It was created initially as a way to burn SBD when a few times it was dropping below $1 USD and it is supposed to pegged to the dollar. When you promote you are essentially destroying the currency which reduces the amount in supply and in theory should help increase the price. This is why promotion was created.

I haven't noticed it being truly effective in actually promoting things. I promote most of my posts by a small amount based around one of my favorite numbers, I mainly do it knowing it won't do anything but I am burning a little SBD.

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Wow thanks i did not know that, ill keep this in mind. I do wonder how this platform is going to evolve in 2018. I know there is a roadmap ... but it seems since the lead developer left that were stuck in some sort of Beta Limbo ... do you find that to be the case as well?

No... Dan Larimer hadn't actually been doing most of the development for awhile. There is a team of them doing work on this. The community is also very involved since it is open source.