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RE: Today I Will Learn Upvoting Value?
The reported vote worth from the Steem Dollar website is not accurate for the curret rate of Steem. That would 've been your vote worth a the peak of the Steem token price from a couple of months ago...
That makes sense, but what about when I upvote, for example, a post that has $20.00, my single upvote can boost it around 50 cents?
That is different, it is just the way the voting algorithm is designed to work... the more a post has already accumulated, the more each additional vote adds to the reward. So if you vote for a post with aleady $100 you will increae the reward with even more, but if you are the first one to vote you may not even be able to give it $0.01...
It follows a power law if I remember correctly. This is spelled out in the white paper
Ok thank you, I will check it out. I guess my info is from an outdated website. I figured they would have it programmed to follow today's prices.
Yes I think it is a square law.