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RE: As a rule of thumb, the optimal voting time is before 5 minutes
ok. I guess there are two things going on.
- I misunderstood the original post when I was rereading it today.
N2/(1 + N/5)was an example, not the formula that they implemented (don't ask me why he used an example that wouldn't be implemented). - The formula in the code is yet another formula in the same class, but wasn't described at all in the original doc (that I have found). It converges to linear more slowly then
n^2 / (n + 1).
Here it is before converging:
And here it is after converging:
(both with log scales on the X axis)
I'll update the original post tomorrow. Out of time for tonight.
I may look into things in more depth today and possibly do a more involved writeup on this topic, but I was poking around and found an old script that I wrote to help comprehend the convergent linear curve, it spits out what the rewards would be for various accounts if they did a 100% vote and were the only vote on a post:
I'm not going to have much time to look into it more today, but FWIW, I saw an HF21 post from Steemit yesterday where they said that they expected the inflection point for post value to be 20 STEEM.
Here's that same table with % of new vs. old added:
As percentages, I'd say minnows, orcas, and whales are generally consistent with what I saw in the spreadsheet yesterday. I'm not sure why it goes down from minnow to dolphin, though - or from Minnow to your account? I would not have expected that...
Update: Here's what the spreadsheet says the curve would look like as percentage of linear (rshares across the X axis); looks like the 100% vote for SC01 would be roughly 4.25 * 10^14, so a whale would be in the neighborhood of 2 * 10^12:
Except for the downward movement after minnows, I'd say that's consistent with your script's output.
That's right, posts that generate 20 Steem + will have an advantage over posts that generate less than 20 steem. that is, the reward will be somewhat higher for posts that generate more than 20 steem +
And stated values before payment of posts show 30-32% higher values before the payment takes place. I don't know if it matters for your math.
My guess would be rounding issues and the numbers in the table only having three decimal places.