RE: 📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy by teamsteem

View this thread on steempeak.com

Viewing a response to: @dahaz159/steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy

· @teamsteem ·
$0.08
I don't agree with every proposal but there are some interesting one that should be debated.
👍  , , ,
properties (23)
post_id899,269
authorteamsteem
permlinkre-dahaz159-steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy-20160909t051250535z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-09-09 05:12:48
last_update2016-09-09 05:12:48
depth1
children6
net_rshares216,376,735,744
last_payout2016-10-10 22:10:27
cashout_time1969-12-31 23:59:59
total_payout_value0.059 SBD
curator_payout_value0.017 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length92
author_reputation284,009,804,791,421
root_title"📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)
@dahaz159 ·
Which ones don't you agree with, and how could they be improved?
👍  
properties (23)
post_id899,315
authordahaz159
permlinkre-teamsteem-re-dahaz159-steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy-20160909t052357360z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-09-09 05:24:09
last_update2016-09-09 05:24:09
depth2
children5
net_rshares4,477,989,178
last_payout2016-10-10 22:10:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length64
author_reputation154,485,914,790,267
root_title"📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@teamsteem ·
Step 8

Voting power isn't linear if I correct. Step 8 would make the richest a lot more advantage by the boost to voting. You could have meant that let's say 20% boost equal 20% for everyone but I don't know how it would be achieved or if it could be achieved. Anyway good post.
👍  
properties (23)
post_id907,554
authorteamsteem
permlinkre-dahaz159-re-teamsteem-re-dahaz159-steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy-20160910t015750223z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-09-10 01:57:48
last_update2016-09-10 01:57:48
depth3
children4
net_rshares4,478,004,668
last_payout2016-10-10 22:10:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length279
author_reputation284,009,804,791,421
root_title"📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@dahaz159 ·
A posts payout varies with the square of the sum of the vesting Steem power that has voted for it. All percentage boosts to voting would be applied to the effective Steem power amount that the user is voting with.  This would cause payouts of voted posts to increase non linearly 
For example say 3 people have voted for a post, Alice, Bob and Chris.
Alice has 1000 Steem power
Bob has 250 Steem power
Chris has 50 Steem power
Alice, Bob, and Chris vote for an article, and the posts payout value is calculated by 
(1000+250+50)^2 = 1,690,000
The next day, Alice subscribes to platinum membership, and now has a 30% bonus on her voting power. Alice, Bob and Chris vote for another article. 
Alice's vote is now worth 1300 steem power.
(1300+250+50)^2 = 2,560,000
The payout value has increased by 51%, relative to the previous day, because the payout varies quadratically with the Steem power voting for it. The Steem power voting for it has increased from 1300 to 1600, a 23% increase. This is how the calculation would be done under Step 8. I hope this clarifies my idea.
👍  
properties (23)
post_id908,475
authordahaz159
permlinkre-teamsteem-re-dahaz159-re-teamsteem-re-dahaz159-steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy-20160910t052720867z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-09-10 05:27:33
last_update2016-09-10 05:27:33
depth4
children1
net_rshares4,388,444,574
last_payout2016-10-10 22:10:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,073
author_reputation154,485,914,790,267
root_title"📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@dahaz159 ·
The source for my example formula is page 20 of the Steem Whitepaper, where the post payout value varies with the square of the sum of the total Steem power voting for an article, divided by the total equivalently calculated voting  weight of all other posts, multiplied by the amount of Steem being distributed.
PayoutForPost = totalRewardPool*(VotesForPost^2/sumOfVotesForAllPosts^2)
https://steem.io/SteemWhitePaper.pdf page 20
👍  
properties (23)
post_id908,786
authordahaz159
permlinkre-teamsteem-re-dahaz159-re-teamsteem-re-dahaz159-steem-power-demand-improvement-10-easy-steps-to-expand-the-steem-based-economy-20160910t062346548z
categorysteemit
json_metadata"{"links": ["https://steem.io/SteemWhitePaper.pdf"], "tags": ["steemit"]}"
created2016-09-10 06:24:00
last_update2016-09-10 06:24:00
depth4
children1
net_rshares4,388,444,574
last_payout2016-10-10 22:10:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length430
author_reputation154,485,914,790,267
root_title"📌 [Steem Power Demand Improvement] – 10 Easy Steps To Expand The Steem Based Economy"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)