People seem to cling to this belief that Steemit is nothing more than a place where the rich get richer, the whales just upvote themselves while not caring about the lowly red fish, paid bots are killing this place and the system needs to be changed.
This is all incorrect.
Every couple weeks I put together a report that totally negates all these assertions. Nevertheless, people still cling to these views.
Therefore, since people feel that two week comparisons, even when done over a period of 75 days, is not enough, here is a comparison from August 1, 2017. This time frame really makes the shift noticeable.
8/1/2017
The total MVests here is 336,936.
On a percentage basis:
Whales 75.44%
Orcas 14.85%
Dolphins 7.16%
Minnows 2.14%
Red Fish .01%
Inactive .39%
3/16/2018
The total MVests here is 383,224.
On a percentage basis:
Whales 61.87%
Orcas 17.86%
Dolphins 11.38%
Minnows 5.67%
Red Fish 1.34%
Inactive 1.87%
The change over that time period is as such:
Whales -6.71%
Orcas +36.78%
Dolphins +80.90%
Minnows +201.23%
Red Fish +10208%
Inactive +434.85%
8/1/2017
3/16/2018
On 8/1/2017...
Whales had 75.44% of the total SP out there....on 3/16/2018, that number is 61.87%...A DROP OF 17.99% in 6.5 months.
Whales and Orcas accounted for an astonishing 90.29%....on 3/16/2018, that number is 79.74%...A DROP OF 11.68% in 6.5 months.
If this rate continues for the Whales throughout the next 5.5 months, you will see those accounts lose over 33% of their power while the Whales/Orcas will be down 21.56%.
Here is 
https://steemit.com/statistics/@arcange/steemit-statistics-20170801-en
So in spite of all the complaints about Whales circle voting, the use of bots, and Whales only in it for themselves, the facts prove that the Whales influence, as denoted by their percentage of SP, is dropping at a rapid rate. As I stated, if this pace keeps up, they will lose over 1/3 their influence in A YEAR. That is a huge drop.
The numbers keep proving, the more people who sign onto this blockchain and post, the more the Whales will lose influence. The reward pool is structured so that 75% of the daily payout goes to authors. Whales cannot put up enough content to keep pace with all the new posters.
Another thing is people like to point to paid voting bots as a potential ruination of STEEM.
Here is a surprise for everyone, this is a misguided accusation also.
Approximately 1.7% of all votes are done by a paid voting service. And as you can see in the chart, the paid votes are quite in line with the total number of votes.
Now that the facts are out, does anyone really think 1.7% is a problem?
98.3% of all votes are given freely according to the numbers posted by
Here is the post on it.....
https://steemit.com/steemit/@penguinpablo/how-many-of-the-upvotes-are-done-by-paid-voting-bots
It appears that all the calls for changing the system are espousing about something that is not really a problem. The uneven distribution is leveling out as time goes by. The facts, in both the short and long term, bear this out.
If you found this post informative, please give it an upvote and resteem.
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