Christopher Franco (Christopher Franko), blockchain expert Expanse.tech claims to have an account in Steemit and platform are very satisfied. However, one thing that really bothers him is inorganic and an unbalanced distribution of power.
He explains:
"Initially, it became clear who owns the entire system. In Steemit they are known as "whales". Part of the "whales" are a leading developer and a couple of his friends. Whales use their right to participate in voting for certain content authors and public figures with thousands of dollars in the hope that in the future they will act as "brand ambassadors". The platform has over 60,000 users, but only 247 account holds ~87.50% number of shares voting. Steemit -- it's a great idea, which is not up to the real task, as it relies solely on the willingness of their users to get rich quickly"
In the end Scott added that the system of remuneration Steemit is based on the subjective evidence of the performance of the algorithms, subjectively evaluated award for posts and accurate for a vote. It is the main distinguishing features of Steem.
simple solution: cap voting power. Then small votes get more power and whales only to a certain point.