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RE: February ’18 New Steemit User Report – Blockchain Business Intelligence

in #utopian-io7 years ago

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.

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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