It didn't redistribute anything. It just stopped disproportionately distributing power to the top. I'm going to write about this when I have a bit of time...
It didn't redistribute anything. It just stopped disproportionately distributing power to the top. I'm going to write about this when I have a bit of time...
I look forward to it, it redistributed it visa vie the payouts of new coins. Originally the payouts were disproportional to the whales, who could be thought of as the Capitalists, in favor of the the minnows. While it didn't take away from the whales original stack, it did lower the inflation of the wealth they already had. I think that it will force whales to have less steem generated, and that will be replaced by higher overall prices. This will bring probably way more users obviously.