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RE: The Whales Are the New Nobility on Steemit

in #steemit9 years ago (edited)

great point of view and i do agree with you on a lot of things

Do we actually know how up/down votes/weights are calculated? I for one - do not!

full disclosure: I up-voted my own comment. (!)

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It's actually in the white paper:

But basically the more Steem Power you have the more your money your vote gives (subject to the VP score).
I think it is OK to up-vote your own post if you are unknown but obviously if you have millions of Steem Power then it gives you an insurmountable advantage. https://steem.io/SteemWhitePaper.pdf