RE: Effect of haircut, early voting, beneficiary on dust payout
Hi @blockchainstudio, again a great explanation on what's happening behind the scenes in Steem! A lot of users are still not aware of the dust payout threshold and you've shown a couple of interesting examples where the payout seems to be less than 0.02 due to various facts.
Unfortunately, the analysis part is a bit short. You write you've analyzed around a day of blockchain data, but I could only see the current state for the rshare-equivalent and the selected examples as the results thereof. I think a very interesting graph in this regard could have been to show how the requirement to reach the $0.02 (in rshares or SP) has increased over the last couple of months, how this value is related to the Steem price and at which point in time the haircut was applied. I could image that this could have provided some very interesting results! I'm not sure I fully got this without looking into the data, but I think the haircut should have stopped or at least slowed down the increase in rshares required to reach $0.02, shouldn't it?
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Hi @crokkon, thanks a lot for your comment. As I mentioned before, I don't have steemsql access yet. But I may have it soon. See my SBD balance :) Since I don't want to give too much stress on already struggling our blockchain :( I limited data analysis intentionally. Once I have steemsql, I'll try some time-series data analysis :)
Regarding 1-day data, I actually analyzed it, but the main purpose was only to double check whether my theoretical analysis is right or not. That's why I only included two examples which are already enough to show that. In that sense, they're really nice data :)
Actually I have one suggestion for analysis category. Of course, I know that the main fit for this analysis category is data analysis, but I think it'd be great if theoretical analysis like mine can be more appreciated. Exact facts are very important. All data analysis actually rely on them. I think you may still remember my post 100% SP vs 50:50 Which one is better? Does the haircut matter? you reviewed. One of main reasons why I wrote that was because even top3 witness misunderstood it. If people misunderstand basic theories, then only wrong analysis can follow. In that sense, theoretical analysis should also be much more valued than now. Also, it's quite a stressful job, since theory is either right or wrong. Please think about it, and please pass my suggestions to utopian team. I really love utopian, real gem on Steemit. Why not making it even better? Just in case, I'm not saying that your current evaluation is unfair under the current rule. I'm just saying let's include theoretical analysis in the analysis category too.
Regarding your last question, I think there are so many factors that decide how many SP we need for $0.02 But I agree with you in general. At least haircut is helping that required SP doesn't increase too much. Hope this helps.
Thank you so much again for your feedback.
Hi @blockchainstudio,
thanks for your comment. The Utopian analysis category, as it is now, is clearly targeted towards data analysis and, as you had to notice repeatedly now, does not fit very well to code analysis works. I'm very sorry for that, because I think works like yours really bring value. I'll try to bring up the aspect of theoretical analyses in the internal discussion, but I can't promise anything right now.
Glad to hear that you got access to SteemSQL now - looking forward to your work! :)
Haha it was quite interesting to see that you actually wrote this: https://steemit.com/utopian-io/@crokkon/don-t-cast-worthless-votes-zero-value-votes-in-hf20-1540641228665 I didn't know the article. You know I started very recently and I really didn't expect that there is someone who's interested in dust :) So my main contribution was showing the increasing trend, which I personally think it's very important. I think this part is new, but let me know if you know other articles. Ironically, Steem is too small to get attacker's attention. That's why, for instance, dust votes may not be a real concern at this point.
I'll include yours in the references. If I knew this before, I could've saved time for introduction :( or maybe think twice to write my post. I was wondering between two topics and decided to start with this since it's easier. By the way, is there an easy way to search utopian posts? I have several ideas but now I'd like to search well before I start.
Many thanks and have a nice day!
Hey, sorry for the late reply, great work on your post! It's indeed currently not very easy to find existing contributions. I've set up my own database (without guarantees of completeness, though) to filter contribution types and projects, and provide a very basic search function at least on the titles:
https://utopiandb.herokuapp.com/?&type=analysis
Hi @crokkon, my "first" analysis has just been posted :) Hope you like it. https://steemit.com/utopian-io/@blockchainstudio/may-need-vote-dust-threshold-again Thanks!
Finally I gave up and subscribed steemsql :)
Way to go. Isn't it easier? ;)
Haha, thanks! Thank you for steemsql and other stats you provide. btw, I actually found that some data (steemsql) isn't clean, e.g., vote details after payout in Comments table. I found that some posts have pending payout information. I guess it's probably due to steem API's instability, so you may have given up updating exact data for all posts at some point. So I have some questions.
Is there a way to check consistency of any data (when can I trust the data without double checking with blockchain?) For payout info, one way is check last_payout date, but not sure if that means now I can trust active_votes field for sure.
Is there some script that can easily check the voting share of an individual for a post with SQL? I know how to do it with python, but I'm wondering if someone already wrote SQL script for that. Thank you.
Answering your questions will be easier off-chain.
Please contact me on steem.chat
Thank you for your review, @crokkon! Keep up the good work!