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RE: The BlockChain Blogger: Bridging the Gap Between Steemit Whales And Minnows
The only thing i care about is making SteemIt more fair for new users. Currently 1 Paris Hilton will for example increase author rewards by $10 while 100 new users won't even add $0.01. That means we got a big fucking problem, right? Unless we come to the scientific conclusion that Paris Hilton is smarter than 100 random people combined.
The difference in reputation between you and the author is 10. Interestingly, when I voted on the author's post it went up by roughly 40 cents. Voting on your comment added 1 cent.
timing of votes matter too. sometimes too votes enter the same time as you upvoted the post without your knowledge and you will a drastic move in the potential payout of the post!
Interesting, this is the second time in a short period this problem has come up. It's highly confusing to everyone. This is what i replied:
"Yes it is, and that's actually a bug, votes don't update unless your refresh the page. You have to look at how many votes the post or comment has before you vote and then see if more people voted than just you (a vote will update the votecount)."
Thanks for that. It does make sense, and I doubt there is a way to fix that without having the browser refresh the page every few seconds. By the time I read the post and submitted my vote, several people may have already voted before me. I didn't think my vote could make that much of a difference! However, having said that, as far as I know, my vote WILL be different for people with differing reputation. And according to what I have read, reputation grows exponentially.
As far as i understand it reputation has zero influence on money, it only influences how much reputation you will change of other users.
Generally, a person with higher reputation has more Steem Power, and SP is what drives the value of votes. Please see https://steemit.com/steem-help/@sykochica/answering-common-questions-about-voting-and-curation
Yeah noshit, because it isn't a reputation system, but a popularity system. The algorithms are all horrible.
I don't think many will disagree with you there. Here's hoping they fix it soon.
I also don't see why an article can only get a reward for 7 days. It shouldn't be very hard to make it so that payment is made weekly on every article regardless of its age. Why can't someone who sees an article 10 years after its posting date enjoy it and vote for it with the author still getting "royalties" from their work?
How about daily, FOREVER? The devs are pretty stupid geniuses lol.
Yeah, I was actually under the impression that the payouts did continue past the 7 days. I suppose I misunderstood.
hardfork 19 fixes that!
For those of us in the dark about what the hardfork is discussed to likely do, could you comment, please?
Hardfork is like an update, something like windows 9 to 10 etc. Several as happened since steemit started and steemit is still in beta! When it has been agreed upon that new feature or functionality etc should be done, then a hardfork takes place effects it. i will do a post later that will touch on what the upcoming hardfork will accomplish so look at later today! You can always reach out to me, if you feel you need more info!
Awesome, I look forward to it.
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Oh my gosh I forget we are still in beta. What do you believe will happen when it releases? I always imagined it in a perpetual beta. However if they are going to release completed software the Whales could be incentivized to help minnows if they competed for limited early access :-)
Not entirely, in fact maybe only just slightly. But let's see when it gets released. Can they hurry up? :p
It is a matter of weeks!
One could only hope. Release dates are impossible to accurately estimate within software development.
Yes but based on what's heard it is in weeks cos concesus hs been reached sinced steemit blog has published it and code is ready!
Amen!!!! I've recently gotten back on thr platfrom and find that discovering content from "minnows" is really hard. I don't have that much upvote power but I want to contribute to the little guys.