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RE: Proposing Steem Equality 0.19.0 as the Next Fork
Would it be possible to explain the actual effects of these changes using real number examples? Perhaps before and after examples for 500,000 sp, 50,000 sp, and 5,000 sp?
Here is a break down using the current reward pool.
Single 100% vote reward allocation.
Part of the reason the rewards are higher for the 500,000 SP is that the rewards allocation algorithm responds faster than with n^2. This data is as if we had implemented linear rewards in 0.17.0 and the rewards pool is further recovered. However, you can see the different if you look at marginal percentage changes in the vote weights.
I was on my phone before so I could not respond as thoroughly as I would have liked to. I sincerely appreciate what you are doing here today. Not only did you provide a great explanation to my question, you are doing it for everyone's questions. Every time I think I may have a new question, I scroll through these comments and see that not only did someone already ask it, but you provided an answer that even a layman like me can understand.
Thank you for taking the time to help educate the community about this. Confusion can be an unpleasant feeling and you are doing a lot to remedy that.
Haha, I just experienced that too.
Thank you so much for doing this! This is exactly what I was wondering about.
Currently, we are in "linear" or "n ^ 2"?
n^2. We are proposing linear.
Ha, it's going to attract people if we do.
And it will motivate me.
Yes, would be great to see this - both for vote influence and curation rewards. Though I believe a lot of the benefit will come from the fact that whales will crowd out the reward pool less, rather than purely the distribution on a single post.
Correct although the current pool already removes most of the effect of whale crowding out because of voluntarily-limited whale voting (and a small amount of countervoting). However doing it directly via the formula is more sustainable and transparent.
Yes that's he best reason to do it. It will not only counteract whales but dolphins too
Oh, yes that would be very helpful to see it in black and white like that!