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RE: Rambling Thoughts on Steem Stuff
@yabapmatt I heard from a fellow steemian that there was talk that, with the hardfork, there will be a change in curation and self-voting? I have heard rumors that there will be more rewards going to curators than previously. If true, that is great for smaller accounts and the ability for minnows to build their steemit accounts. I can't find anything to confirm this. Enlighten me, if you would be so kind.
Yes, this is an important change. Right now, a portion of the curation rewards for votes within the first 30 minutes after a post is published go to the author instead of the curators. In HF20, the 30 minute window will be reduced to 15 minutes, and the portion of the curation rewards that previously went to the author will instead go back to the rewards pool.
It's a bit of a difficult change to conceptualize, and even if you understand it it's hard to predict how exactly things will change after it's released. But the main point is that it removes the incentive and advantage for authors to upvote their own posts immediately after posting.
@yabapmatt I dig it. A good...and necessary change. The idea of putting more towards the reward pool rather than habitual self voters is a good thing. Not sure how it will unfold, but sounds good in theory. Thanks for the response, bud!
This make sense to me as well. It seems like previously less than 25% of the upvotes were going to curation rewards because upvotes within 30 minutes were sending part of their curator rewards to the author.
Hopefully frontends will now become better at showing the amount going to curators and and the amount going to the author.
One question, do curation rewards and the new 15 minute limit work the same when upvoting comments as opposed to posts?