Thank you very much - I had exactly the same idea. Limit the max vote value to 1-5 SBD. The rest is not useless, they can however only vote with a low percentage.
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Thank you very much - I had exactly the same idea. Limit the max vote value to 1-5 SBD. The rest is not useless, they can however only vote with a low percentage.
I was thinking a little higher than that but that is the general idea. Steem Power is better off being spread around as much as possible. We are here to help each other.
A little higher would also be ok. But it would make life much more difficult for these people with huge amounts of voting value to upvote only themselves. Also, it would make the business model for the bot more difficult as the number of bots would need to increase significantly to come to the same voting power.
A large part of Steemit.com though is voluntary charity. It is designed so people with a lot of wealth can voluntarily support individuals and initiatives as they want. Whales have a lot of SP in their account, and you're going to force them to upvote 1000 times a day to spend their daily SP? That's not going to work very well at all. :)
But if they are not using their vote because the cannot upvote 1000x a day the vote is not loss - the ote of everybody else will get worth more.
That's not how it currently works as I understand it. The more SP you have, the more of the daily crypto you have to give out. If you don't give it out, other people don't get more. It is wasted. I try to make sure I vote 20% of my power a day to make sure I'm giving out as much as I can without going negative.
You think so? If you had a link for this confirming it would be great. Thank you very much in advance.
https://steemit.com/faq.html
Will the reward pool pay out more or less depending on who votes?
There is a fixed amount of STEEM coins that gets added to the rewards pool each day. In the short term, the amount of coins that get paid out may be higher or lower depending on the amount of voting activity, but over time it will pay out the full amount of rewards regardless of who votes.
Votes in Steem are stake-weighted. Therefore voters with more STEEM Power have a greater influence over the allocation than voters with less SP, but their votes do not increase the amount of rewards.