Crypto Academy Week 6 Homework Post for [@sapwood]

Today I attended the lecture of my beloved professor @sapwood. Now I am going to present.

image.png

Source

Question 1

(1) What are the economic & social ramifications of self-upvote in Steem Blockchain? Do you gain better curation rewards by upvoting others as compared to self-upvote? (Include real examples)

This kind of irregular behavior occurs when self-harming users adopt self-voting. This is considered an unhealthy social behavior and will have an economic impact on the reward pool of the blockchain (considered cheating). This unhealthy behavior does not promote or support high-quality content for authors/blog authors, and fewer content posts can flourish in the community because of improper management of these users.

When user A with a $20 VP continues to vote, while users B and C with a $0.001 VP get a curatorial opportunity close to the value of $0.1, this will frustrate and demoralize these users, and there is little in the community. Influence. This may result in logging off or becoming invalid in the shortest possible time.

It is also possible to improperly depreciate and obtain income from the system by improperly distributing income, thinking that this activity has an economic impact on the Steem blockchain.

Question 2

(2) What is the difference between isolated judgment and community judgment in curation? How do you adapt to community judgment on quality content in Steem Blockchain? Does that bring economic incentive for you? If yes, explain with real examples, (include screenshots and compare them with your isolated judgment)?

What is the difference between isolated judgment and community judgment in curation?

I have to read this article many times so that I can accurately understand the isolated things and the judgments of the community. This is what I submitted below.

Isolated judgment simply means curating without the full attention and confirmation of community judgment. When a person plans a position without the consensus of the community, the position hardly attracts good position rewards.

However, when an individual curator and the community reach an agreement to plan a “quality” position that has been discovered, the isolated judgment can also be converted into a community judgment. On the other hand, the judgment of the community needs to plan a good position, which is accepted by the wider part of the community and may get better rewards for the position.

How do you adapt to community judgment on quality content in Steem Blockchain?

As a newbie to the Steam blockchain, I may not be fully proficient. I don't know when to plan and enjoy the benefits of early voting, and how to find and evaluate high-quality positions. Therefore, I will treat any community trend cautiously and prudently, and according to this strategy, that most community members intend to get better rewards for work by adopting community decisions about dry blockchain.

Does that bring economic incentive for you? If yes, explain with real examples, (include screenshots and compare them with your isolated judgment)?

Screenshot_36.png

Whether to follow the adaptability instructions correctly.
Based on the available resources, I now set the voting rights of steemworld.org to $0.03.
I tried to illustrate the objection through isolated judgments and community judgments.

Isolated judgement

Screenshot_37.png
Before Upvote

Screenshot_38.png
After Upvote

Checking Curation value
(Upvote value is $0.06, postage 23 hrs)

Pcurator= (½) * (√PT) * (√P1-√P0) Δt

Where;
PT= Post Payout at the end of 7 days
P0= Post Payout before voting
P1= Post Payout after voting

P0= 7.86.
P1= 7.92
PT= 7.92

Δt= 1, as I have voted after 5 mins.

=> Pcurator= (½) * (√7.92) * (√7.92-√7.86)= $0.015
Curation reward= $0.015

The calculated Curation value is far below the value curated on this post.

This time, I will try other posts based on the community's decision. High quality and useful space. I will use the same resources as above.

Screenshot_39.png
Before Upvote

Screenshot_40.png
After Upvote

Check curatorial value

(The update value is $0.10, and the release time is 4 days)

Pcurator =(1/2)(√PT)(√P1-√P0)Δt

where is it;
PT = later payment after 7 days
P0 = Post payment before voting
P1 = Post payment after voting

P0 = $98.67
P1 = $98.77
PT = $98.77

Δt = 1, because I voted after 5 minutes.

=> Pcurator = (1/2) * (√98.77) * (√98.77-√98.77) = $0.025
Curation reward= $0.025
The calculated curatorial value is far lower than the curatorial value of this position.
I also noticed that although the same resources were used to vote in these two different positions, the person with a good position reward gave me $0.10, which is $0.06 compared to the latter without a good position reward.

Question 3

(3) Go to Steemworld.org, check your Upvote value( at the current SP, VP). Take a screenshot. Then go to the Steemit trending page, find a post with a payout of more than $10 but less than $50(Age less than 6 Days 12 hrs). Upvote it. Take screenshots before and after upvote. Similarly, go to another post on the Trending page, find a post with a payout of more than $100( Age less than 6 Days 12 Hrs). Upvote it. Take screenshots before and after upvote. Tell the differences between the two. Which one has produced a greater Upvote value & Curation reward for you with the same resources(SP, VP)? Explain?

Screenshot_41.png

Above the screenshot showing the value of my upvote on steemitworld.org with 100% VP ( $0.03).

Payout of more than $10 but less than $50(Age less than 6 Days 12 hrs)

Screenshot_42.png
Before Upvote

Screenshot_43.png
After Upvote

Calculate the updated value

Release before voting = $24.96
Posting after voting = $26.88
Spread = $1.92
Meaning: This means that the value of community judgment is $1.92, which is higher than the $0.03 judgment of isolation (consider using the same resources)

Pcurator =(1/2)(√PT)(√P1-√P0)Δt

where is it;
PT = later payment after 7 days
P0 = Post payment before voting
P1 = Post payment after voting

P0 = $24.96
P1 = $26.88
PT = $26.88

Δt = 1, because I voted after 5 minutes.

=> Pcurator = (1/2) * (√$26.88) * (√$26.88-√$24.96) = $0.488
Curation reward= $0.488

Post with a payout of more than $100( Age less than 6 Days 12 Hrs)

Screenshot_44.png

Screenshot_45.png

Pcurator =(1/2)(√PT)(√P1-√P0)Δt

where is it;
PT = later payment after 7 days
P0 = Post payment before voting
P1 = Post payment after voting

P0 = $112.77
P1 = $112.66
PT = $112.66

Δt = 1, because I voted after 5 minutes.

=> Pcurator = (1/2) * (√$112.66) * (√$112.66-√$112.77) = $-0.027
Curation reward= $-0.027

This is my homework task for week 6

Thanks for appreciations
@steemcurator01
@steemcurator02
@sapwood

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Thank you for attending the lecture in Steemit-Crypto-Academy & doing the homework task-6.

Unfortunately, it contains plagiarized content.

screenshot (44).png

screenshot (45).png
Original Source- https://steemit.com/hive-108451/@xkool24/steemit-crypto-academy-steem-blockchain-convergent-linear-reward-week-6-or-or-lecture-by-professor-sapwood-or-or-homework-done

We would encourage you to produce original content purely based on your own experience with a dApp(or as the task demands). Any act of spam/plagiarism/spun content weakens the PoB, hence discouraged by the Steem Community.

If you need any further help related to the task, please feel free to ask.

Thank you.


Homework Task -6
[0]

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