HF20... How I see it affecting me personally...

in #steemit7 years ago (edited)

Anyone that knows me, knows that I have absolutely ZERO knowledge of anything technical!

So this HF20 is seriously confusing for me!

I have read lots of posts on the details and I can see lots of things happening with it, but only a few will actually affect the way I use Steemit.

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(Source https://unsplash.com/photos/fnztlIb52gU)

Here's what I think will change for me:

Upvoting comments on my posts

I have always liked to support my commenters on my blogs by giving a small upvote of around $0.01 to show my appreciation.

However, HF20 will basically turn those votes into dust so nobody will benefit from them. I will either have to double, possibly trebble the amount if I want to upvote everyone, for it to be a valid amount on payout.

This leaves me with a problem because it eats into the amounts I can upvote other blogs with.

I think I will have to save the comment upvoting for outstanding comments only, which I am not altogether happy about as I think everyone should get a small reward for actively engaging with the community, after all, aren't we supposed to be a social network?!!

Voting times

Voting times will change. From what I understand (and I may be wrong, please correct me if I am) to be effective for curation, we need to vote at 15 minutes and onwards. I will be changing any auto votes that I have tonight ready for the HF.

I know there are lots more changes for the HF20, but as a non-tech person, I see these points as being the main ones to affect me as a Steemian.

If you think I have missed anything, please let me know in the comments.

Good luck to all the Witnesses for tomorrow, I hope it all runs smoothly! And thank you so much for all the hard work you do for us Steemians.

Thank you so much for reading!

Much love, BB xx

The STEEM Engine

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Until yesterday, I hadn't been on Steemit in a couple weeks, so this is the first I have heard of HF20. I guess I should look into it more, but I don't want let it change my nonstrategic strategy of just upvoting whatever I like.

I'm with you on feeling like I want to upvote everyone who leaves a thoughtful comment on my blog posts. I've run my VP down a lot that way. Oh, and Voting Power is going to turn into Mana. hehehehe. That makes me giggle. Like it's magic or something. :)

Haha yes I thought that too! 😂😂

I came here to give 100% upvotes to you two lovely humans, while there is still time muhahahaha

Haha 😂😂 thank you @sircork! Im heading down to the bomb shelter soon to wait out the HF20 launch hehe

As I understood it, votes on comments that were less than $.02 were always worthless. Unless someone came along and increased the amount before payout, those were "turned into dust" as a spam prevention measure. That's not what HF20 is changing.

I never realised this. I thought it was something new being introduced! There really aught to be an idiots guide to steemit for me to read lol

As far as I understand, there will be a small value subtracted (I can't remember the exact value) from the upvote, which means that there will be a threshold where the vote will be worth zero. The cutoff is pretty low though, it is mostly going to be a problem for curation trails.

I wonder if it is clarified anywhere what the exact amount is that we need to upvote by to make the stand alone upvote valid? I am thinking for comments rather than posts

Relative loss of vote value in rshares in HF20
The absolute rshares value of each vote is reduced by 50M rshares, which is equivalent to around 1.2 SP.

Thank you. So im guessing thats 75% of the total vote which is probably where the 0.02 amount comes from

I think there might be a bit of confusion!

Currently votes (total cumulative) of less than around 0.02 are dust votes and aren't paid out. Hoever, you still can contribute a small amount, as long as the total is over the dust threshold.

In the new situation (current stuff still counts), all the votes are going to be reduced by the equivalent of 1.2SP at full power. So, if you have 100 SP at 100% VP, then you need to cast a vote above 1.2 % strength for it to register. If you have higher total SP (or less than full power) then those change the numbers accordingly.

At least, that is the way I understand it!

At your 3000SP, you won't be much affected by the new change, however, as a stand alone vote, you still need to beat the dust threshold of 0.02 (0.03 to be sure, as it is a bit over 0.02). However, if you follow curation trails (like I do), then your scale vote might be too tiny to pass the 1.2 hurdle.

Ah wow! I seriously didn't know about the dust vote thing before this! I thought I was helping everyone out with small upvotes on their comments on my posts :/ ah well, we live and learn I guess!
I don't tend to follow curation trails. I have delegated SP to a couple of causes, but I haven't followed any trails.
May need to have a rethink about how I do things.
Thank you for your help @bengy!

If people are subscribed to @dustsweeper, then you do help them!

(Edit-- removed the part about dust votes as I actually did not understand it!)

About timings, just don't worry about it. As a voter of other posts, the system actually doesn't change much. If you were voting at 30 minutes before, then move them to 15. As before though, you will expect people to vote slightly earlier to front-run other votes, so I don't expect main behavior to change. People will still vote as low as the 5-10 minute range and take the early penalty if they know they can front run a giant number of votes. And if you were voting at 0 minutes to give your curation portion to the author, that no longer does anything so you may as well move it higher.

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Thank you for the clarification on the voting times! Im not sure it makes a huge difference either, unless you are a whale, but it is good to know what is going on

Very good points i hadnt thought of, I think for voting i will focus more on voting on blogs and not so much on comments going forward And I guess I need to find the time to go and change the voting time for all on my Auto voter, that will take a while lOL

Thnaks for your thoughts on this or I would have forgotten

You are most welcome :) thank you for commenting too! <3

Yes, the 15-minute thing will be difficult to remember, at least for me.
I think @dustsweeper is a great service to help with those "dust" comment values! 😊

I have just changed my auto votes to 15 minutes (although I don't have many, I prefer to vote manually when I read the blog). Dustsweeper certainly looks like it is going to become very popular over the next few weeks! :)

Your post made me think of @dustsweeper as well. There have not been any recent posts from that account, but they are still sending an automated message out if you add value to your account. I just ran a test with 0.5 steem.

Unless things have changed, dustsweeper does not increase the value of your vote on other people's posts, post, and replies. It works on your account to make sure your posts, comments, and replies make it above the threshold value.

Maybe that was understood already but I just wanted to make sure. So for example, if you vote for this comment with 0.01, I still receive a payout because of my dustsweeper balance.

ah thank you so much for the clarification! No I really didn't know anything about how Dustsweeper works so this is great info. Steemit is certainly getting more and more complicated as the time goes by!

I gave you 1% just to play with it and tease you :) I use dustsweeper, and its a good thing in my opinion. :)

One thing people need to remember about @dustsweeper, it generally only picks up two low votes to lift a day for people. They can not and do not lift every single below the vote threshold level vote.

My biggest concern with HF20 is seeing how the RC system works, especially since they stated:

Votes and token actions will require relatively few RCs, for example, while comments will consume far more RCs

I like to comment, in addition if one carries the logic forward if a comment cost more than votes, then Post cost more than comments, so are we going to be limited in the number of post we can make and the number of comments we can make.

They talk about RC system, but not about recharge time length. So perhaps there will be fewer people leaving comments on post, lowering the level of engagement, I guess we just need to wait and see what happens on Wednesday.

Does this mean commenting will lower our voting power by a percentage as well as voting? Sorry if this is a stupid question :)

Not a stupid question at all, I have been trying to figure it out myself, with a little bit of help from @sircork, but right now it is any bodies guess how it is all going to work. I have been trying to follow the comments on the @steemitblog post, but not many answers to the people asking the questions. If it all goes smooth then I guess we just have to wait and see.

Well, the first thing to know is that both comments and votes as well as transfers, flags etc, all affected the same thing before at different rates and that thing was called your "bandwidth utilization"

Now it's a new mechanism called "resource credits" and they are still affected by the same actions, voting, commenting and posting (which are the same thing actually only comments have parent posts and posts have no parent block record) and so do your wallet transfers and other chain based consensus data based transactions on the chain.

So the things that affect this "juice" are the same, but the "juice" itself works differently.

How? Gosh, let's all start using it and find out! Sadly, that's the only answer the inventors of the thing can give so far.

That makes more sense to me thank you! Well it has taken me 15 months to understand steemit so far so I may need some help figuring out anything I need to know going forward haha This bulldog is getting too old to learn new tricks... 🙊🙊😂😂

They baffle me, if the voting goes the way you say it will my account will be useless :(

it is apparently the cumulative amount that counts, so it if the total votes are above 0.02 or 0.03, it will payout. Anything less will turn to dust. However, as @thekittygirl says, @dustsweeper is a service that can counteract this issue so if you are worried about this affecting your account in any way, it may be worth looking into. I will be looking at it too, but need coffee to get my head around it so it will have to wait until tomorrow lol

Sounds way above my head, i will need help, why do they have to make things difficult :(

Yes I feel the same way about the upvoting comments situation. I used to Upvote everyone’s comments on my blog until I found out they weren’t really getting those $0.01 votes. I do have @dustsweeper but I need to put more Steem towards it because it ran out of gas for me lol.

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