Homework task 5 by professor @sapwood

in SteemitCryptoAcademy4 years ago

Thanks to @sapwood sincerely I have learned a lot from this class I was exposed to new information on the steemit community.

What will happen if you vote before "5 mins age of a post" & after "6 days 12 hrs age of post" in Steem Blockchain? (Include your experiences/Examples

With the use of the timestamp on the steemit blockchain, it has been possible for a post written to authors to be recorded accurately with a consistent time record of each user's activities ranging from upvoting of a post to downvote.

Every post published within the community has a duration payout time of 7 days but what happens when an author publishes a post with a time interval of 5 minutes, a term reverse auction is applicable within this range in which the author's votes are considered with 0% reward and it's logically started anything multiple by zero (0) will be zero so with these time from 0-5min author upvote will be returned to reward pool.

With the law of depletion return or diminishing return votes upvoted from day 6, 12hr will begin to reduce linearly downward from 0% to 100% depletion till the post is paid out.

Sincerely I'm taking note of these for the first time so I make an adequate observation on my next post since I'm new to the 5min stuff.

How do I check how much reward of a post has returned to the reward pool in Steem Blockchain? Include screenshots (Hint- Steemworld.org)

Screenshot_20210310-170720.png

Getting to know-how pool reward is returned will be base on post upvoted by authors within the range of 0-5min interval all upvotes with this range and day 6 12hr will be returned to pool rewards.

To locate these payouts go to Steemworld.org and input your username and locate post votes there a summary of the post reward will be seen I took a screenshot below are the details

Under what circumstances a curator can earn more than 100% upvote value as curation rewards?

Getting a better reward on a post will depend on the post payout reward and also the author's timing for making upvotes.
Let's a Mr. A make a post and when the reverse auction time elapses I was able to be the first to cast my upvote using the voting power of $1 by the end of the payout if the post attracted lots of upvotes I will get a 100% reward from the post for being the first upvoter.

Pick any random post you have voted in Steem Blockchain and indicate the time and position of your voting, what is the projected curation reward? (Include relevant Screenshots) (Hint- Steemworld.org)

Screenshot_20210310-175235.png

Above is a post upvoted by me which was published by @besticofinder, it was upvoted 55min ago from the time of publication I made a 50% upvote with the voting weight of 50% with a reward of $0.005. which is equivalent to 7.48%

What is the role of curation in better content discovery in Steem Blockchain?

The major role of content curation is finding a good post that is well articulated with a good source that is also plagiarized-free.

It is therefore left for such content to get adequate support which includes upvote and engagement such as valid and useful comments from other authors.

Image credit

#sapwood-week5 #cryptoacademy #blockchain #steem #curation

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