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RE: Want to become a Steem whale? Steem Power and Vests only tell part of the story

in #steemit8 years ago (edited)

There arn't really 100,000 active accounts on steemit. More like 8300. See

https://steemit.com/golos/@teatree/only-8374-steemians-made-the-cut-for-the-golos-network

Your calculation is incorrect if you are counting all the vests in the network. All you should count is the active vests in a 24 hour period because those are the only ones that can influence distribution of rewards through voting. And of course not all the accounts that are active vote, some just do drive-by posting and leave (especially the accounts which get upvoted by the bots and hence don't need to do any socialising).

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Correct, I don't believe I said there were 100,000 "active" accounts :) Certainly most accounts here are inactive in any 24 hour period.

I see your point about only using vesting shares from active users in the last 24 hours. I may not have been clear with what I was calculating. If we we're calculating the % of the rewards that each users votes is responsible for, then yes I agree with you.

Using the total vesting shares is necessary in this calculation because I wanted to take into consideration more than just your voting influence. I also wanted to capture how much of created SP users earn everyday, even if they're inactive. I guess it's not the exact % I am interested in, but more about tracking it's change over time.

Thank you for your comment, it already has me thinking about a way to track influence of the distribution of rewards in any 24 hour period based on other active users.