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RE: 5 Months on Steemit - what I have learned and tackling some misconceptions

in #steemit8 years ago

Great post and thank you for putting some facts up there for us. I am not sure where the "witness is getting close to 50% of daily rewards" came from but I will have to do some digging to see how they came up with that...

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I think it was a misreading of the figures. 5% became 50%. Technically it is slightly less than 5% (because of the way mining works ~0.24% will go to a rotating member of the mining queue and another ~0.24% to a rotating member of the backup witnesses).

That could be it. Thanks for taking the time to do this, it's a great post!

You're welcome. I enjoy putting these posts together!