HF20 Optimal Curation Time Changed to 15m, Instead of 30m
When you curate a post by upvoting it, there is an optimal time to get the most curation rewards. Prior to HardFork 20, that time was 30 minutes after a post was made. After HardFork20 that has changed to 15 minutes after a post was made. The github issue for this change is (#1878](https://github.com/steemit/steem/issues/1878).
Curators/upvoters can potentially get 25% of the total rewards a post earns. The most SP and vote weight you apply on a post, the more potential curation rewards you can get.
The way this worked before was that if you upvoted right after a post was made and you weren't the author, you would get no curation rewards, as all the curation rewards you could have gotten were given to the author. As the 30 minute mark approached after a post was made, you would get more and more of the potential curation rewards from other people voting after you with their SP applied. You got the most curation reward potential at 30 minutes and after, with respect to people voting later on with SP to the post. If everyone voted after 30 minutes, the author would get 75% of the post rewards, and the curators would et the 25% divided among them in proportion to the SP and vote weight applied.
After HF20, this has changed. Instead of 30 minutes, it's now 15 minutes. This is the best time to vote to maximize curation reward potential. When other people vote still factors in. If everyone voted at 14 minutes or earlier, and you were the only one to vote at 15 minutes or later, then you would get less curation rewards than if you voted just before them at 13 minutes. But in general, voting near the 15 minute mark is the best way to try to maximize your curation rewards on a post.
I hope this knowledge of the change can help some people change their voting behavior to get more rewards, if they didn't already know. There is no longer a need to wait to upvote around the 30 minute mark post-HF20. Upvote near the 15 minute mark and it will do the same thing as prior to HF20.
Thank you for your time and attention. Peace.
If you appreciate and value the content, please consider: Upvoting, Sharing or Reblogging below.
me for more content to come!
My goal is to share knowledge, truth and moral understanding in order to help change the world for the better. If you appreciate and value what I do, please consider supporting me as a Steem Witness by voting for me at the bottom of the Witness page.
Upvoted at the 15 minite mark. I should of upvoted before I read your post.
Good job ;)
Nice update , i didn't know it's like that now
Knowing is half the battle ;)
The real question is: why? Curation needs to be eliminated. Why is Steemit Inc dicking around wasting time changing the algorithm when it would be completely deleted?
This has been a known fact since vote-buying became common practice. Curation means nothing when votes can be bought.
I will continue to push towards eliminating curation in it's current form and transitioning to a system where rebloggers get the reward.
To give whales the power of curation is to assume that whales are better at judging content than someone else with less stake. What an asinine assumption!
Why does curation need to be removed? People would be less motivated to even vote at all :P Vote buying does make it less a measure of what is actually valued indeed. Only the pure who care to value content would continue without curation rewards, so I'm not against it :) The reason SP was used was because of Sybil attacks and greatly gaming the system otherwise. I hate the concentration of power involved though, I've been vocal against it in the past.
Let's say you are a whale with a $20 upvote. Let's also say you run a vote buying/selling service. You can upvote yourself for $20, and you can buy votes from your own service. The majority of the curation for the bought votes will flow into your pocket, and you can charge a premium for your service as well, paying vote sellers 85 cents on the dollar.
The more stake someone has, the easier it is to manipulate the mechanics of curation.
I don't understand the reasoning behind, "People would be less motivated to even vote." It makes no sense. Why would they be upvoting other people at all then? Why not just upvote yourself if all you care about is the reward? How is 25% curation any different than simply upvoting yourself once every 4 votes?
Financially, curation is different in that the 25% could be 25% of much more than you could get from upvoting yourself.
Good catch. Yes, the curation mechanic creates a kind of lottery where you can actually make more money than a full vote. However, I have tested it, and at my voting strength, I barley make more than a full vote on posts that get vote botted up to $1000.
The real way to capture curation rewards is to have massive stake. If you are a whale you can capture the lion's share. I think this is dumb, because anyone can see how much a post is paying out. Whales have little curation intensive to upvote posts that already have upvotes.
Also, what is curation? Curation means you get paid to sift through bad content to bring the good content to light. Literally anyone could be doing this, but the way the system is rigged only whales get paid for it. Why does Steem think that whales are better curators than plankton?
I maintain that the real way curation should work is through resteems. If you upvote a post because you clicked on a resteem, the person who resteemed that content should get the curation reward. This makes way more sense.
I've seen the motivations for much voting driven by curation rewards, not by the content itself. Not to say it's all that way. It would be interesting to see how behavior changes on the platform with no more curation rewards. I'd like to see it.
!popcorn for the show!
Posted using Partiko Android
This is different from what i have heard from others.
It is not like before, just changed from 30 to 15 minutes.
Before, it was earlier, more reward went to the author.
Now, it is that portion goes to the rewards pool.
And i haven't found anyone that is certain whether it is a sliding scale from 0-15 minutes.
Seems like a really easy thing to test. Unfortunately, I never completely my curation tracker because the dumb dumbs at Steemit INC don't include block information inside the Discussion object.
The curation curve doesn't get sent to the author, it goes back into the reward pool it seems. It's not like before completely indeed.
I did not know that you are educating me and for that I'm grateful. Thanks to you I will change my voting behavior when I can. Blessings @krnel
Koo, glad to help.
This will be much better than the 30m curation time esp to those so active in steemit. It will encourage us to be more active in this platform.🤗
Yup, you can more easily upvote as you go through content without worrying about not getting as much curation rewards ;)
extremely off topic, but I was hoping you would pimp this writing contest for me
https://steemit.com/halloween/@stevescoins/halloween-2018-open-medium-contest-20-shares-steembasicincome-as-prize
Let me know if you regard this as spam, and I'll remove or change the comment ;>
I read about this new change. I also heard any vote before 15 turns to dust. How true is this?
No, that's not true.
Awesome info!!! Thanks for the heads up!! I will definitely be smarter with my voting behavior!!
Posted using Partiko Android
Glad to help ;)
Strategy is already paying off!! Although, Do you think 14 mins would be too soon?? I notice a small influx before i get there on 15!!
Posted using Partiko Android
You made this very understandable for me and that ain't easy. :-)
Haha :P