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RE: Hardfork 20 (“Velocity”) development update

in #steem7 years ago

In order to eliminate this unfair advantage, the unused portion of the curation rewards will be returned to the rewards pool instead of being awarded to the author, thereby increasing the overall percentage of rewards that will be paid to curators.

This is clearly better than what we have today. I really love this brilliant idea.

I'm eager to see how it will pan out.

That being said I don't expect much of an effect on those who give themselves 100% of their votes. They will simply do it on comments after the 15 minutes marks.

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There's at least one immediate beneficial effect against self-voting: before their curation rewards turned into author rewards (SBD) because of the shifting effect, now those curation rewards will be steem power.

It's another really good plus I haven't thought about.

By the way I'm very grateful for your dedication to the development of Steem. I've been living and breathing Steem since May 2016 day in and day out. So thank you!

its an amazing initiative indeed. at the very least, accounts with major SP that self upvote in the first 15 mins will have a good amount of reward as curation returning to the reward pool instead of themselves.

As for self voting comments, thats rather easy to catch, and cant self voters be ousted via pulling data from the blochchain?

I think someone does that.