Steemit Crypto Academy- Steem Blockchain Convergent Linear Reward- #Week-6 || Lecture by professor @sapwood || Homework done by @prudent2

Hello Steemians,

Source

Let me start by saying that I am really very greatful and thankful for such a wonderful lecture by an amazing teacher professor @sapwood.

Because I have asked for the formulas used to calculate the upvote values. It was as if no one knew, but after your teaching, I have gotten the idea of how it works now. It's really amazing and I love it.

I am a newcomer here, and this is my first homework with professor @sapwood, and I hope to learn more from him.

Homework Task 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)

Answer

There was this unpredictable conduct from steemit clients who depended on self upvote. This was seen as an undesirable social conduct with monetary effect on the award pool of the blockchain (seen as cheat). This undesirable conduct didn't advance or support quality substance from creators/bloggers rather less substance presents were seen on flourish more locally on the grounds that those clients don't clergyman fittingly.

This movement additionally supposedly had prudent effect on the steem blockchain by downgrading and procuring off from the framework improperly without even circulation of upvotes.

Homework Task 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)?

Answer

I need to peruse this post severally to empower me unravel what precisely is segregated and local area judgment . This is my own accommodation underneath.

Separated judgment straightforward methods curation managed without the complete consideration and affirmation of the local area judgment. At the point when an individual Curates a post without the Community agreement to, the post scarcely don't pull in great post prizes.

However, secluded judgment can likewise be believed to be changed over into Community judgment when singular Curators connect a concurrence with the local area to minister a generally found Quality post. Then again, Community judgment involves curating on a decent post that have the acknowledgment of a more extensive piece of the Community with possibilities of improving post prizes.

Homework Task 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?

Answer

• Screenshot of my upvote steem vote amount
  

This is the screen capture showing the upvote estimation of my steemit account. At 100% VP, it's worth is still $0.00.

Suggestion: The upvote esteem contrast supposedly is higher than what was caught from steemworld.org VP. This just methods the local area judgment has an estimation of $0.71 which is 17.75times higher than the segregation judgment of $0.04 (Considering working with similar assets )

Ascertaining THE CURATION VALUE

Pcurator= (½) * (√PT) * (√P1-√P0) Δt

Where;

PT= Post Payout toward the finish of 7 days

P0= Post Payout prior to casting a ballot

P1= Post Payout subsequent to casting a ballot

P0= 312.56

P1= 313.27

PT= 313.27

Δt= 1 , as I have casted a ballot after 5 mins.

=> Pcurator= (½) * (√313.27) * (√313.27-√312.56)= $0.17

Curation reward= $0.17

Cc:

• @steemcurator01
• @steemcurator02

Thank you all