Rewards , Curation , Promotion || Trying to understand structure of Newsteem

in #steem5 years ago (edited)

Hello everyone, good day ...


We all know that #newsteem is here and a lot of people talking about it because it's really tough to understand whole system /structure at a same time. I mean I find it difficult to be honest because trying to understand structure of steem blockchain kinda complicated .. Everyday I came to know something new about #newsteem plus it is taking to time to get habituated with this new system of steem. We all know about rewards, downvote, curation more or less but my point is knowing something and getting habituated and adapting new structural system is completely different. Atleast I think like this....


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Vote value & Reward System :

I am still trying to understand vote value and reward system , specially it's continuously changing. I had some misconceptions about this vote value plus many other things but ya as I have always said , I can be wrong , I can't be perfect as I am still learning. Well, vote value obviously depends on how much steem power (SP) you have but as a curator wherever or whenever you vote, curation reward will be same... Hmm... But Obviously there is boost and bonus , kind of like tricky things...I am suggesting you to read this post by @eonwarped ... Really very helpful post....

Rewards on my own posts are still now little bit confusing for me, I mean I am trying to get habituated and understand with the whole ecosystem. I know it will take time , I become confuse every single day and I am searching for answers here and there.. Yesterday I have noticed my payout which was 50-50 and driven me into lots of questions but thank god, little bit clear now I am....


Now, you can say why I care about value , rewards , well now I care because I am trying to learn and want to do something here and whatever I want to do, I have to learn these things. Ya, I am passionate about steem and as a steemian whatever I am earning , it's bonus for me I know but still I need to know.....

Another thing I wanna mention is there is a calculation of 0-5 minutes, another tricky game... Well, out of my mind ... if you vote before 0 minutes , no curation rewards , so you have to vote on exact 5 minutes or after 5 minutes... And I guess in this case , steem auto also can't help me because there is seconds... Hahaha... Well, it's better to vote after 5 minutes that's what I came to know....


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Promotion :

Currently I am feeling that it's important to promote your post after observing the current situation because it's hard to get noticed by investors or by consumers... I think there should be balance between content creators and consumers (Curators/investors) which is happening already. Tribes , communities are working for it plus obviously if you like any post resteem will be good for exposure and helping that author to get some exposure. I feel like it's time to support each other and promoting your post. Twitter , reddit , medium and discord communities can be a place for promoting your steem post...

If you find a good content creators , may be you can follow them or may be a resteem will work for them, may be curators will notice that. It's not like you have to follow high quality content creators , there are many minnows , redfish here and there who are trying to survive into this new steem structure, so help them to grow and survive....


Obviously , #newsteem structure will bring big changes on economic structure of steem but , well, I am little bit worried about those who are newbies or don't have good sp.. Also I think it's difficult to on board a newbie specially those who are not investors , will just come here for becoming a content creator... Let's see because we need time to cope up with this entire situation.


Love....

Priyan...



I am @priyanarc..... An architect, a dreamer and a passionate writer who loves to write about life.I try to present my own perspective and experiences. Please leave your feedback and criticism because it's the only way i can know and reach your mind and thought easily...

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Fantastic content as usual hon! And some extremely valid points! I have always felt really strongly about content promotion within and without the blockchain sphere because it opens the doors to endless opportunity.

Thank you so much @jaynie... I was little bit confuse that whatever I have written may be controversial.. But glad that you liked it...

This post was curated by @theluvbug
and has received an upvote and a delayed resteem to hopefully generate some ❤ extra love ❤ for your post!

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In Proud Collaboration with The Power House Creatives
and their founder @jaynie

I got confused when the upgrade was initiated no doubt and I am still confused about a lot of things right now. Before now, curating at 30 minutes gives you maximum duration rewards but now that I am reading it is 5 minutes, I guess I have some work to do on steemauto hahaha.

Thanks a lot for this detailed analysis.

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I am still now confuse.. hahaha...

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Hahahahaha. You are not alone.

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It was 30 minutes a long time ago. For the last few months it was a 15 minute window. And since the last upgrade, that was reduced to 5 minutes, after the initial proposal of a 1 minute window was criticized by most of the community.

Hahahaha... Exactly... :D We are not robot... hahahaha...

Hahahahaha. Certainly. You got it right: 5 minutes it is.

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Wow! Thank you so much for this. That is cool then. 5 minutes it is. My steem auto has some work to do now hahahaha. I really appreciate this.

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hahahaha....

Smiles.

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These new rules seem better for robots than for humans. I think that the 15 minute window was small enough already. 5 Minutes is kind of ridiculous. Still, it's better than the original idea of reducing it to just 1 minute. I'm glad they didn't stick with that one.

Anyway, I believe the whales and witnesses are focusing on all the wrong things. They should think of ways to increase the number of new users and making sure they don't leave as soon as they join. I feel like this fork is a big step back in that aspect...

Do Whales and Witnesses think Steem should be a private club, where no new users are allowed? That's what I feel, right now.

In over two years, I've convinced 2 people to join the network. Now? I don't even try anymore. If it was difficult enough already for new users, now it's almost impossible to start without making a big STEEM purchase. And I'm not interested in convincing my friends to join, if they are expected to spend money as soon as they join. 😣

I completely agree with you, for some people specially whale /witness this is platform for business , well I understand it's business but without people how business will run... About curation system, well I can't think about 5 minutes.... It's impossible for me.. I need a bot for that.. talking about private club , yes I also thought about that , because how many author are getting noticed? Only few...

Convincing people,,,, I am fucked up on that... :D :D @trincowski buddy...

This post earned a total payout of 5.801$ and 4.362$ worth of author reward which was liquified using @likwid. To learn more.

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