Here's what happened on Steemit on the first full day after HF19

in #steemit7 years ago

Welcome to my Steem Stats Report for Thursday, June 22, 2017. All data is coming directly from the Steem blockchain and is based on UTC time.

Hard Fork 19 has tremendously impacted the daily number of posts and votes. The number of posts skyrocketed to a new record of 114,524 posts yesterday while on the other hand, the number of votes was a little bit lower than before HF19. It seems people are voting differently since their vote has more influence.

  • 2,060 new accounts were created yesterday.
  • A large amount of 2,611.822 SBD was converted to Steem. It takes a week before this amount is actually converted. Hopefully a large part is being powered up thereafter.
  • 732,695.194 STEEM was 'powered up' yesterday. Pretty nice.
  • Something I don't understand. Only ~16,000 new Steem was added to the Steem supply in the last 24 hours. This was about 50,000 per day before HF19. The amount of Steem that is being subtracted from the reward pool per day is much higher. Can anyone explain how this works?

1. Daily number of Posts (including comments)

DatePosts
2017-06-21114,524
2017-06-20109,689
2017-06-1987,801
2017-06-1883,005
2017-06-1783,064
2017-06-1687,583
2017-06-1590,104

2. Daily number of votes

DateVotes
2017-06-21253,534
2017-06-20316,739
2017-06-19264,428
2017-06-18248,309
2017-06-17235,620
2017-06-16256,097
2017-06-15264,273

3. Posts + Comments per post

DateAverage # comments
2017-06-213.68
2017-06-204.03
2017-06-193.95
2017-06-184.02
2017-06-174.03
2017-06-163.79
2017-06-153.81

4. New accounts created

DateNew Accounts
2017-06-212,060
2017-06-201,932
2017-06-192,095
2017-06-181,853
2017-06-171,740
2017-06-162,636
2017-06-152,063

5. Daily Amount of SBD converted to Steem

DateAmount in SBD
2017-06-212,611.822 SBD
2017-06-201,194.281 SBD
2017-06-19980.221 SBD
2017-06-18743.265 SBD
2017-06-17924.053 SBD
2017-06-161,440.116 SBD
2017-06-151,681.286 SBD

6. Daily Amount of Steem Powered UP

DateSteem
2017-06-21732,695.194 STEEM
2017-06-20106,061.956 STEEM
2017-06-19107,221.398 STEEM
2017-06-1895,142.478 STEEM
2017-06-17100,117.248 STEEM
2017-06-16169,381.502 STEEM
2017-06-1582,011.845 STEEM

7. Daily Steem & SBD Transfers

DateSteemSBD
2017-06-21952,174.414 STEEM63,230.536 SBD
2017-06-20284,428.668 STEEM50,071.628 SBD
2017-06-19554,715.603 STEEM56,907.784 SBD
2017-06-18291,587.919 STEEM41,814.016 SBD
2017-06-17480,907.349 STEEM76,500.124 SBD
2017-06-161,839,365.089 STEEM59,294.054 SBD
2017-06-15522,150.202 STEEM73,088.989 SBD

8. Steem Price Update


SteemNow.com

I'm excited about a new feature on Steemnow.com I'm currently working on. It shows you how much your upvote is worth in SBD. Keep an eye on my blog. I expect to have it finished and online in a few hours. Here is a preview in advance:


¯\___(ツ)____/¯ Don't miss out on my next post! Follow me @penguinpablo

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[deleted]

Interesting

$7 on one vote. That's huge!!

After the HF19 some kind of euphoria took place, as the rewards seemed to explode. I would be careful to take any conclusions at this time. We should wait at least one week and see, whether the bias trend for steemit is stable.
Thanks for your data feed day by day.

Totally in agreement with this statement - patience is required. The reactions are completely the opposite as after the last HF - last time it improved daily, maybe this time the other way round.

Live and in action - Following this very closely to see how it turns. If anything, it's garnered already a lot of new publicity because of this change. Way to go Steem.

Thanks for your post! It is interesting to see that more people are attracted now to be active and power up! Since it takes a week to convert the Steem dollars, we could see a price spike next week? I like Steeming like this much more and I hope it is sustainable!

Thanks a lot for the data and the new feature of 'SteemNow'! :)

Concerning HF 19:
After I had enough time to think about the changes I predict an exclusive 'club' of big accounts voting for each other with their few available heavy votes (which is a completely rational behavior as the system allows it) which means that in the long run smaller users will get even less of the cake. Why would a big account prefer to vote for other big accounts instead for some minnows? Simply because he rightly expects big votes in return for his own votes ... if a minnow returns his vote the reward is very low though ...
Apart from that also self-voting respectively voting on ones second, third, fourth, ... own account unfortunately has become much more attractive now.

To flatten the reward curve was a really good idea which sadly has been counteracted by the increase of the impact of the 100 % votes by a factor of 4, while voting power is decreasing much faster than before.
I think, considering the fast growing number of new members, it would have been much better to favor spreading many small votes instead of increasing the impact of a few 100 % votes. Of course I still can spread many 1 % votes, but the temptation for big accounts is rather high to exclusively vote for each other (respectively do self-voting).

Time will tell what will happen...
I'm happy with the changes at this moment, but I have my concerns as well. Self-voting is bad behavior, altough highly encouraged now. It's not easy to reach equality in a world with rich and poor people.

Since I am very new to this, could you provide a guide on how we should be using the voting strength. Since my voting strength is low I always use 100%. Am i to understand that this is somehow depleting my voting strength. In other words am i blowing all my strength on one day on one 100% vote?

awesome, very nice and detail

Your steemnow.com tool is so good. I've been telling my friends so they can keep motivated. Thanks!!

Thank you :)

The amount of Steem that is being subtracted from the reward pool per day is much higher. Can anyone explain how this works?

I would love to understand that, too. Until now it was just appearing to me that everyone started to earn higher rewards. Now your data show that this is actually the case. As the total 30d reward pool hasn´t changed in size then there must be less available for distribution in the coming days, no? It´s puzzling. Hope someone can elucidate us.
Also, my curation rewards trippled over night. Who are those who now earn less curation rewards in order to compensate my gains?

Thanks for the report!

@aggroed , any thoughts on this?

Great post! Thanks for all the work. I have been wondering about these numbers.

Your website and the new feature idea is awesome.
resteemed.

That looks like an amazing tool! Thank you! I'll be using it often. :)

I just added Steemnow.com to the front page of WelcomeToSteemit.com.

Just wondering - Is there any way to show where the accounts are signing up from (what part of the world)? I'd be curious to know.

Thank your for adding Steemnow.com to WelcomeToSteemit.com :)

It would certainly be interesting to know where people come from, but this data is not available on the blockchain.
http://www.alexa.com/siteinfo/steemit.com gives some insight, but I don't know how accurate this data is.

Wow you really made a very detailed in depth analysis on what's happening on Steemit after the Hardfork 19. I really like your Post as it's showing a lot of information in a nice way. Oh and I'll definitely check on Steemnow to see my voting power, which will definitely be miles away from yours but still more than 0 since two days 😊

Did you find out anything wrt what's going on with the Steem supply?

No, I still don't understand it. Maybe less Steem is being added to the reward pool since HF19, but I don't why if this is the case. The reward pool is going down rapidly anyway with these high payouts.

It's 'current_supply' which increased less than usual, right?

Yes, "current_supply".
June 19 07:40 UTC - 250,655,290
June 20 07:00 UTC - 250,697,528
June 20, Hard Fork 19 at 15:00 UTC.
June 21 07:00 UTC - 250,723,099
June 22 07:00 UTC - 250,738,816
Now 13:30 UTC - 250,745,349

I ran through the transfers to @null. There were no Steem transfers, only SBD, so it's not that. I'm pretty sure transfering to @null is the only way to burn Steem.

As always good work. Thank you @penguinpablo for your daily input!

man these stat reports are brilliant, thank you for all the work you put into them, it means a lot, it's like a little digital newspaper and it's perfect while i'm waking up in the morning to get this information.

The reward pool is being distributed much more evenly between users now. I believe the rewards given for higher powered users were exponentially higher, whereas they are now calculated in a linear fashion.

Simply: more people are making more money.

Makes you wonder where it was all going before eh?

I love this update!

Very informative. Looking forward for your next posts.

Awesome post man, you deserve a good payout for the amount of content that went into this,

I actually tried to increase that picture down the bottom to 100% before i figured out it was a picture :|

Very exciting time to be on steem!

To be hinest. Your post boosted me ad it is my first day at steemit.

Will follow your upcoming posts as well..

I just started. Hope make some money

Im only 2 days old here but I love what Im seeing. Thanks for the visuals.

Oh, and if you like the strange and hidden....

Thanks for the information @penguinpablo.

Wow, This is another amazing update.

About the drop in voting, I think that was because the new people that all of a sudden saw their votes payoff for the first time started paying attention. Then they realized that their votes are not endless and they are changing their habits. Very interesting.

If does bother me a little about he 16K being put in. HMMM? Interested to learn what that is all about.

Great post, thank you so much for the update!!! Keep them coming.

@penguinpablo, way cool tool. I appreciate you

A lot of posts and comments, but a sharp drop in votes, but a spike in SBD to Steem, and Steem powered up. Spreading the voting power and new limits has definitley put a damper on things for now. The good thing is now you have to put out more quality posts and comments to get your share of the pie. Locking away Steem in Steem Power should also have a positive affect on the SBD price. Wins all round in my opinion, if I am reading this right...

Very nice concept and great info... @penguinpablo. Glad to be following

Thank you for updating us:)

HF19 rocks.
Great analysis, as usual!!

Yeah, how much upvote is worth, is really needed feature

great update

great tool !!!

thanks for your work!

Detlev

Not that my upvote is worth many SBD's but it would be interesting to see, and i've never heard of your project steemnow. I will have to check it out later. You are appreciated

Great post man. I'm gonna keep an eye out for these Steemit stat reports. Cheers! :)

Fantastic site man! I'm gonna be using this a lot for sure

How much are you earning per month, please let me know :D thanks in advance

folks, steemit is growing and growing, I'm so glad to be part of this

Best case scenario.

this is just the beginning cant wait for months to come!

This is just the beginning cant wait for months to come!

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Lots of good information here great job

Your graphs are very visually appealing. Are they done on Excel with SteemSQL database?