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RE: Bidbot Income Analysis shows bid bots earned 19% of the Rewards Pool in 2018

in #utopian-io • 6 years ago

Yea! Proof of wallet rules!

If the top ten voters each day allocate ~30% of the pool, and bidbots are raking in 20%, how much is left after the top 100 accounts take out 'their share' each day?
Any questions why we cant attract new users are silly after looking at the reality of the math.

Bring back the n2, and the whales willing to flag any account voting more than 500mv, and we will figure out the new equalibrium.
The coin would be spreading to more hands faster.
Less than 80 accounts would be affected, and they are the very ones that benefit most by the network effect pushing up the price.
Smdh.

6 years ago in #utopian-io by
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     6 years ago  

    I think included in the top ten voters are some of these bidbots.
    lol the top 100 accounts probably take about 98%.....thats not fact by the way, but I would be surprised if I was far off. I do a monthly post payout report, will get the correct value next time I run it.

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       6 years ago (edited) 

      @statsmonkey and @bitgeek had reports id like to see recreated, but dont have the codes.

      https://steemit.com/steemit/@bitgeek/payout-stats-report-for-25th-march-2018--part-i

      Thanks for your hard work,...