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WTF: Learned Something Just Now About Steem.

https://busy.org/busy/@edicted/five-tags-for-five-different-frontends#@josephsavage/re-edicted-five-tags-for-five-different-frontends-20190612t202819050z

question confusion.png

Yep

For over a year I've been thinking that if you vote with less than 100% voting power you are losing money. Only today, just now, did I actually test it and see that your voting power is reduced, not by 2% flat, but by 2% times the remaining percentage of voting power you have left.

This means if you vote at 50% voting power you only lose 1%, so while your vote is only worth half as much, you're only losing half as much voting power, evening out the whole process.

This goes against a years worth of indoctrination when it comes to my voting habits.

Burden lifted.

#publicserviceannouncement

This whole situation really just goes to show that Steem has a very high learning curve, and we are constantly talking about making the learning curve even more complex. For people who have been here for a while it makes sense, but we want to onboard millions of new users. These two mechanics don't work well together.

Simple is best.


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WTF: Learned Something Just Now About Steem. was published on and last updated on 12 Jun 2019.