scrobble.life
Hive Statistics

Numbers for the upcoming Hardfork

Flugschwein@flugschwein (62)2330d

As you probably noticed, @HiveIO very recently published a new announcement about the "airdrop" exclusion list, in which they published a list of accounts which were excluded due to an error in the script which created the list of accounts to be excluded. I recommend reading this announcement prior to reading my post. The published list includes the following accounts:

@akiroq
@balticbadger
@dailychina
@dailystats
@dftba
@double-u
@edgarare1
@electrodo
@fadetoblack
@freedompoint
@friendlystranger
@john371911
@juancar347
@kdtkaren
@lichtblick
@lifeskills-tv
@lotusfleur
@ricko66
@rynow
@scottcbusiness
@seo-boss
@sgbonus
@spoke
@steemchiller
@steemflower
@stimp1024
@travelnepal
@truce
@tuckerjtruman
@wisdomandjustice
@yanirauseche

These accounts all had a stake of >= 1000 SP before the hardfork. In the block the hardfork happened, the block #41818752, those accounts, and all other accounts that were excluded got their liquid funds were directly transferred to @steem.dao, and their vests (=the "backend" value for HP/SP) were converted to Steem and sent to @steem.dao in liquid form as well. Soon, there will be a hardfork which will revert the error, and give the aforementioned users their funds back. Following is a table of those users and the amount of funds they had at the time of the Hardfork. In the rightmost column is the amount of Steem their vests were converted to:

Account SBD Steem Vests Vests (in Steem)
@akiroq 0.004 0.0 5222981.280165 2666.921
@balticbadger 0.223 3.011 9862512.194754 5035.925
@dailychina 0.0 0.0 2287357.385165 1167.954
@dailystats 0.0 0.0 3603646.587813 1840.068
@dftba 5.602 863.869 4338257.333969 2215.163
@double-u 0.058 3.674 212718890.306873 108616.998
@edgarare1 7.461 18.909 16042156.595896 8191.331
@electrodo 0.0 475.786 21991505.214316 11229.145
@fadetoblack 0.065 0.044 2122918.450392 1083.989
@freedompoint 0.0 15.135 15903691.521191 8120.629
@friendlystranger 2.539 0.01 421669701.652096 215309.96
@john371911 118.93 0.0 55920030.732881 28553.486
@juancar347 65.614 349.169 15741601.749441 8037.864
@kdtkaren 0.006 0.011 5087676.727333 2597.833
@lichtblick 27.416 3649.512 86182609.783795 44005.948
@lifeskills-tv 0.076 4.553 2989637.291461 1526.547
@lotusfleur 2.382 377.493 3392176.44533 1732.088
@ricko66 0.024 0.01 3954082.224076 2019.005
@rynow 19.271 32.387 20343780.919587 10387.795
@scottcbusiness 0.0 55.305 3875676.053492 1978.97
@seo-boss 0.053 15.916 50151173.717076 25607.833
@sgbonus 128.478 315.035 4685876.864464 2392.668
@spoke 0.031 0.0 29245675.434318 14933.217
@steemchiller 0.549 231.884 3545034.994359 1810.14
@steemflower 0.0 1841.223 8190586.565291 4182.177
@stimp1024 0.0 0.0 99408662.973654 50759.34
@travelnepal 0.0 0.0 5211178.805193 2660.894
@truce 63.124 7076.771 98440810.85398 50265.143
@tuckerjtruman 0.0 0.0 3014518.806936 1539.252
@wisdomandjustice 0.29 0.022 375663318.81511 191818.518
@yanirauseche 0.607 22.201 2826858.052705 1443.43
Totals 442.803 15351.930 1593634586.333112 813730.231

I also made some barcharts in which you can compare those numbers visually: image.png As you can see, there's always just a few accounts which notably stand out. I will let those charts speak for themselves though. As you probably know, you get a bit of staking rewards for having your steem powered up. This is just a small amount, but it is very important here. Since the vests in those accounts were converted to steem at the last hardfork, those steem did not create any staking rewards, as they are liquid, and will not create any until the next hardfork. It isn't entirely clear how the accounts will receive their SP/HP back, but @pharesim ensured me that no new coins would be minted. That results in the accounts receiving a smaller vests amount than they had before the hardfork, should they receive them in the form of vests. The discrepancy between them only grows bigger with time. At the moment it is around 1000 Hive worth of vests which are "gone". I tried to graph the discrepancy over time as well, but I could not find any exact formula for the staking rewards at a given time - all I could find was an approximation.

Something that interested me, was how much of the stake that will be given to the accounts was powered up before the hardfork. For this I made yet another visualization, which has all 3 "currencies" converted to Steem for higher comparability. Please pay close attention to the logarithmic scale of the second chart. That makes the chart a bit more complex to read, but without that it was very long and the smaller parts still were too tiny to have proper size. Every major number on the left side means 10x more, so the uppermost part is much bigger than it might seem on first sight.

image.png

I think that this graphic shows very well how tiny the amount of liquid funds were. Note that this is only the accounts which will get removed from the blacklist soon. While diving into this topic I wondered how big the total blacklisted stake was, and where it came from. So we have a last barchart, again having all assets converted to Steem for comparability. Also, we have both a linear scale on the left and a logarithmic one on the right again.

image.png

In total the following amounts were moved to @steem.dao at the hardfork:

Asset Amount
HBD 166015.401
HIVE 159823.184
VESTS 162961824459.599017
VESTS (converted to HIVE) 83210381.578
Everything summed as HIVE 84302875.554

@redpalestino gave me the following list of Steemit Inc. accounts that I used as well. Thanks a lot!

@ben
@bitdev100
@geos
@goku1
@hkdev404
@imadev
@joe767676
@misterdelegation
@steem
@steemit
@steemit2
@steemitadmin
@timothy2020
@steemitblog

Also, I added Justin Sun's witness puppets to that list.

I hope you have learned a bit about the upcoming hardfork and have a better understanding of the scale of the things that are happening. Last but not least I want to send @holger80 a huge thanks. I used beem for all Steem/Hive related tasks. I used matplotlib for the visualizations. I used the current HBD/HIVE price for conversion between those.

Edit: I uploaded my code on Github. It is very ugly, but it works. I guess...

Comments · 9

  • @hivebuzz(74)· 2271d

    Congratulations @flugschwein! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

    You distributed more than 12000 upvotes. Your next target is to reach 13000 upvotes.

    You can view your badges on your board And compare to others on the Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

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  • @double-u(73)· 2328d

    Hi @flugschwein , Wow! You really put a lot of work into this post. These are very important facts and figures. Thank you so much for that! I am always amazed at your detailed knowledge! I would not achieve this in two lives ;-) Stay healthy!

  • @drutter(73)· 2329d

    I don't like that things can be tweaked manually behind the scenes. In this case, it seems to be being done for legitimate reasons, but just the fact that it can happen bothers me. It means it could be (and will be) used inappropriately before long.

  • @codingdefined(76)· 2329d

    So we have excluded these accounts by mistake, great. But how do you know that they are really not Sun's puppet?

  • @jasonshick(66)· 2329d

    Same question as the guy above, I wonder if those accounts were really blacklisted by mistake or because they expressed support for Sun's actions.

  • @antisocialist(75)· 2329d

    Some of those accounts attacked the chain in other ways. Now I find out they are getting their stake, and it will likely continue being cancerous to the rest of us. Smdh.

    My question now is, when does all that nonvoting whale stake come out of its closet and tell us Ned sold all that to JS, too? Or worse, he didn't sell it and will now use it to haunt us until he does.

  • @felix.herrmann(71)· 2329d

    flugschwein dropping tokens, nice

  • @maxsieg(57)· 2329d

    awww not enough SP to qualify :(

  • @crypticat(74)· 2329d

    Thank's for this great information. Now we just need to know when the fork is happening and what else they will do with the remaining 99% of Hive which is being held in the Dao. Saving it for the future when the price is rapidly decreasing isn't the best solution. Perhaps a controlled burn is on the table?

    They also said a vote would be required for any future airdops but are now changing that to a yes these people are being airdropped because of "mistakes." Hive is not decentralized, this is a centralized mistake and decision.

    Put it to a vote!