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RE: February ’18 New Steemit User Report – Blockchain Business Intelligence
This is precisely why Proof-of-Stake, or in Steemit's case, Delegated-Proof-of-Stake is fundamentally flawed.
Biggest "pile" of tokens wins.
A pareto distribution with an infinite tail of obscurity.
so true but not funny...
I'd wager a significant fraction of "new" users are just duplicate accounts created to sponge off the reward pool without producing anything useful.
Any system that can be gamed, will be - Steemit included.
Citation - PoS is flawed - Link