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RE: Don't "Vote for Witnesses", your vote does not matter.
Upvoted for interesting and novel analysis. Not sure if I agree with all the conclusions, but that's not really the point.
A possible correction and a question:
Suppose we took out every user in the Top 19
Should this be top 50?
So what do the Top 19 witnesses do with their powered down funding, ammounting to about 550 USD per day, at current prices?
I don't understand this statement. I've been a top 19 witness almost since the start and my power down funding this week was "3849.954 STEEM" or about $230 per day
I agree. While the data is interesting, I agree not all assumptions are 100%. At it's core though, yes, steemit can say who gets into the top 19 and who doesn't. The steemit account alone has enough vests to single-handedly make 19 brand new accounts the top 19. I think that is the primary concern here.
I reblogged this post because I felt like it had an interesting analysis; I do not, however, believe you shouldn't vote. Voting makes a big difference.
Oh wow how did I forget that. Excellent point. I would like to see some discussion on current witnesses declining voting rights.
Thank-you, and fixed & clarified.