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RE: Whales No Up-Voting Test

in #test8 years ago

@teamsteem - the experiment does not take away any rewards from the reward pool. The platform will still pay authors the same amount regardless of the upvotes/downvotes from whales. All this experiment is doing is changing who gets to decide on the reward allocation. By the whales not voting (or being canceled out by other whales downvotes) then the dolphins and minnows will be the ones influencing the rewards.

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All this experiment is doing is changing who gets to decide on the reward allocation.

Yes - and that person is primarily abit. This "experiment" is severely flawed. Any "data" gathered from it will be worthless.

I never said the experiment takes away from the reward pool. I'm not sure if you misread me or I badly expressed myself. I know how the reward pool works.

The point I made with the reward pool is that the % of total number of Steem people own are being influence more by the day to day selling and buying of Steem than by the number of Steem being distributed by the reward pool.

Also you commented below:

"With the whale votes removed, users who are receiving lots of votes from dolphins will now be favored for higher payouts." @timcliff

@ats-david ansered.

"That's only true if the downvotes are equivalent to the whale upvotes. But that doesn't appear to be the case." @ats-david

You answered

"I do agree that is how it should be done. That is something the individual voters who are downvoting should address." @timcliff

Also not all whale's votes are being cancelled either.

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