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RE: 🐝 KE Ratio? Yeah, It’s Cool… But Let’s Not Pretend It’s the Blockchain Gospel

in LeoFinance21 days ago

I think KE is a great tool, probably a lot more useful than reputation, but it is not perfect. It does not take into account Witness earnings for example... I believe ecoinstat also runs a witness...

So witness earnings especially those in top 50 can with time lower the KE significantly (top 20 earn around 3,000 HIVE per week, that can really mess with KE :) )

But of course witnesses power down and you can see current power downs by seeing black piggy in the image below for all witnesses that are currently powering down:

And I get it running a Witness costs money itself plus top 20 are usually involved in other Hive projects that they might be funding with their Witness earnings.

Here is what witness earnings in the last week looked like (top 20 all earn almost identical amount):

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True about the witnesses, it gives a totally different dynamic (very interesting stats you showed here btw! ;-) ). Therefor I totally agree, KE is a tool, a metric (and I love it!), but just one of the many factors to be taken into account. Some people are extremely valuable to the Hive community, with not-so-great looking stats.
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