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RE: I Was Wrong - (About HF 20)

in #busy6 years ago

Are you sure the change will not apply exclusively to early self votes?
I did not comprehend it from steemitblog's thread about HF20.

Will the change be retroactive for all posts that were already posted and voted, but less than 7 days old?

(with minor alterations due to the limit going from 30 min to 15 min)

Does this mean that now the linear time factor increase of 0-30 minutes will decrease to 0-15 minutes?

What does it mean to return to the reward pool?
For the vote to return to the reward pool of its post, or for it to return for the global reward pool, or for it to return to the posts' rewards part of the global reward pool?

Your conceptions about the effects on the bidbots, their users and their delegators are very simplistic, skewed and wrong.
The overall damage to vote buyers will be minute and some of them will experience an increase in overall vote values due to increased value of votes of people trying to make curation rewards, or at least less hurt by curating instead of self voting.
Vote buyers will become more attractive to upvote.
The best bidbots will experience increased curation rewards.
I may post (a thread) about this soon.

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The current calculation of reducing the curation reward with early votes will remain, but the window for the reverse auction will be reduced to 15min.

Returning to the reward pool just means that less money will be paid out. The money that would have gone to the author in HF19, that money part of the post reward, will now return to the global reward pool.

So in case of your comment, let’s say you got that generous vote in the first minutes, after HF20 your reward as an author would be roughly 25% less.

So it will have a positive effect on early self votes or people using bots to magnify their author rewards. Let’s see how it will pan out, but unfortunately it won’t fix the issues we have today with the vote bots.

The current calculation of reducing the curation reward with early votes will remain, but the window for the reverse auction will be reduced to 15min.

I comprehended nothing out of this.
What is reverse auction?

So in case of your comment, let’s say you got that generous vote in the first minutes, after HF20 your reward as an author would be roughly 25% less.

Retroactively, despite that it was already voted before HF20 was adopted?

So it will have a positive effect on early self votes or people using bots to magnify their author rewards. Let’s see how it will pan out, but unfortunately it won’t fix the issues we have today with the vote bots.

I will still use bidbots, but it will make my life easier because I will not have to vote immediately.

There are already people whom vote me with pathetic votes on posts which I did not buy votes on that will earn them 0.001 SP of curation rewards at most, instead of the 0 that they get now, because I do not respect such pathetic votes.

Reverse auction is the thing happening between 0-30min.

The HF will impact all active posts/comments, no matter when the vote was cast.

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This comment has received a 82.64 % upvote from @steemdiffuser thanks to: @stimialiti.

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