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RE: Proof-of-Brain or Power-of-Bid(bot), that is the question.

in #utopian-io6 years ago

Hi @lostmine27, great work! It is very impressive to see how the delegations to bidbots evolved over the year. In times of mostly decreasing activity on Steem, the bot business seems to be one of the few aspects that see a continuous grow despite the low STEEM price.
Getting reliable numbers on the vote selling is tricky because smartsteem and minnowbooster both allow users to keep their balance at the bot, so there is not necessarily a blockchain transfer involved, and the transfer history of the bots include a lot of unrelated stuff. But I think your numbers should be mostly correct.
For the sum of SP delegations I was a bit surprised that it works out by simply summing up all delegation op amounts to the bots. I cross-checked the numbers and the current total SP delegated to the bots ends up at around the same number. I would have expected a larger impact of un-delegations and re-delegations, which are not explicitly handled by your approach if I understood it correctly?

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  1. I know the problem of estimating the size of Vote-Selling and have already left it to the post about the limit. But I have heard from you that minnowbooster is also running the Vote-Selling system. Thanks for the info.

  2. It was a little difficult for me to calculate the daily SP delegation trend in terms of idea, but I was glad to find a way. It is a good idea to study the status and impact of un-delegation and re-delegation. Let's check it later.

Be healthy and more happy in 2019, @crokkon!

Thank you for your review, @crokkon! Keep up the good work!