Apparently, the answer is 'yes' according to two comments I've read this morning which are displayed and linked below.
50/50 is fine. Palnet is doing a fine job of proving that. One of my recent posts earned more USD value in Palcoin than STEEM. That's only because more were willing to vote, so I received more votes, took a smaller percentage, but earned more, because of more votes. A very simple concept. source
This is true indeed as I have had the same experience. After all, a whale in Palnet.io could be a dolphin in steemit.com. I think every one should ensure that their posts appear on palnet.io. it is as simple as using the palnet tag. It is a win-win situation as far as I'm concerned. source
That's pretty flipping awesome isn't it?!
Authors such as @oldtimer, @edicted and @organduo have increased their stake massively in comparison to the airdropped amount, and if news like this is passed around, I can see more accounts upping their PAL stake too.
You see, if you don't self-vote with your Steem Power, why are you holding it?
I ask myself this a lot, particularly after friends tell me they are powering down because holding SP is of no benefit to them. I don't fully agree with this, but have a tough time arguing the point.
However, with PAL and 50/50, the risk of something shit receiving a flag, and 'nopal4u', the helsing of palnet waiting in the shadows, there does seem to be more benefit to holding a stake - particularly if you don't use much of it on yourself.
At present, there are 3985 accounts 'registered' (I'm not sure how you get to be on the list - perhaps an airdrop claim) but 'only' 1294 of these accounts hold any vested PAL. To earn a place in the top 50 PAL stake holders, and be able to issue around 2/3 PAL with a 100% vote will cost about 2000 STEEM - maybe less if you buy in smaller chunks and wait for the ASK to lower instead of chomping the whole lot at once.
2000 STEEM is about $820 this morning. Do you know how much it would cost to be the top 50 Steem Power account holder? About $150,000. I know which one suits my budget more.
Yesterday, 1212 unique accounts used the #palnet tag for a post or replied to a post with #palnet as the first tag.
Yesterday, 7659 unique accounts (not bloody individuals!) posted on Steem as a whole - 15.9% of these accounts are getting their PAL on.
I don't think the total will rise that much further in the short term though as many have collected their alt account air-dropped stake into one account. Funny that best efforts were made not to link accounts with transfers on Steem, and no effort was made on palnet. The best collection from alts I've seen thus far totals over 7000 PAL...
Anyway, not wanting to end this section on a bum-note, go palnet!
SteemDAO / EIP
Not that anyone asked, OK one person did, what my thoughts are on the proposed details of the next fork, but here is as good a place as any to write a little on this, in bullet-points perhaps.
- Pretty scary that SteemDAO and EIP are potentially going to be rolled out together
- SteemDAO was good for Bitshares, it should be good for Steem
- A token 1%, half a %, something of a %, from (top 20) witness earnings going into the SteemDAO funding pot would have been a nice gesture for the 1 million users we have here 🤦
- The 3 main components of the EIP (steemitblog, normie explanation) would have no positive effect on proceedings if put in place individually
- Changing multiple variables at once usually leads to a failed experiment
In summary, I'm more in favour of the proposed changes than watching what has been happening here for the past year or two any longer.
https://steemit.com/steem/@abh12345/the-haejin-effect
https://steemit.com/steem/@abh12345/are-the-selfless-delaying-the-inevitable-essential
Cheers, have a good weekend, peace!
Asher
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