RE: The Power Of Smaller Accounts On Hive

@kennyskitchen
4 mo (edited)
1 Min Read
118 words

Unfortunately the current setup of Hive ensures that the couple of whales who hold more tha n 50% of all voting Hive are constantly eating up the most of the creator rewards (not to mention most are witnesses)

This has always been true. This ensures that the VERY centralized stake at the beginning of Steem has stayed almost just as centralized, after close to 6 years.

Not to mention that at this point many of the big whales are on an ideological downvoting campaign, meaning they are removing the rewards from authors AND curators who disagree with them. This has also been happening since the beginning, but there used to be more checks & balances with the whales.