Achievement 6 Task by @magmuz : Understanding Curation and Community.

in Newcomers' Community4 years ago

Vow! Vow! I have reached achievement 6 . Unbelievable!
So here we go

  • Do you understand how voting and curation work in steemit?
Voting is a process of valuing or devaluing fellow steemians content in the form of upvoting or downvoting fellow steemians content respectively. Features of a vote are as :

Voting value and vote weightage :

Vote value represents the power of vote and it depends upon voter's steam powe. More the steam power, more is the voting value. Voting weigh is the percentage of voting power that one wish to cast while voting. Suppose at steam power of 96k , vote value is 1$ at 100 percent voteing weigh. Now if one casts vote at 50 percent voting weigh, vote value will be 0.5$.
The point to be remembered is that choice of voting at different strengths is available only after steam power is 500.
Voting power keeps on changing depending upon the number of times voted. With every vote casted voting power decrease by 2%. Voting power is regained at the rate of 20% per day . so if we vote on 10 posts each day, voting power wlll decrease by 20% (2% decrease by each vote) but will be regained to 100% as mentioned above.

Curation is the process of selecting posts to be voted upon and the reward offered for it is known as curation reward.. Rewards of a post after payout
is distributed 50% to author as author reward and 50% goes to those who voted on the post, known as curation reward. Point to note is that curation reward is paid only as steem power and author rewrard depends on preference that author sets at the time of posting (may be 50/50 steem /SBD or may be 100% power up) . The comments that we make on others posts is also a part of curation and the rewards on those comments also adds to curation reward pool.

What happened if you vote a post before 5 minutes marks after posting?

Voting before 5 minutes decreaaes curation reward and adds that reward to steem reward pool and not to author rewards. Below is tabulated representation of variations in rewards.
Time at which we voteCurator Reward (%)Reward pool(%)
0 min0100
1 min2080
2 mins4060
3 mins6040
4 mins8020
5 mins1000

  • Who will you vote for Steem Witness ? and Why?
As for my knowledge of steemit is concerned, I would vote for @steemchiller for steemworld @justyy for steemyy .

I think they have contributed to this platform so they deserve vote. So the criteria is contribute and get support.

  • Which community will you join in Steemit, and why?
I have joined following communities on steemit.

Screenshot_2020-11-17-12-23-10-175_com.UCMobile.intl.jpg

From community descriptions, thought my interest are similar and i will enjoy posting or curating in them.

Thank you

Sort:  
 4 years ago 

Thanks for completing Achievement 6: Understanding curation and the community feature. Congratulations in completing all the achievement tasks of the Newcomers' program. Kindly create an article compiling all the achievement tasks from 1-6.

You have been upvoted by @bright-obias and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.


Follow @steemitblog for the latest update on Steem Community

 4 years ago 

System of curation was different a little time ago but now with the new changes, there's a wide open window to vote posts or comments from others. Great achievement @magmuz. You're about to get a graduation here in this blockchain at the community of New Comers'. With this you are showing you have the important knowledge to seize the best of Steemit. Cheers from South America 🌎☺️ #onepercent #affable #venezuela

 4 years ago 

System of curation was different a little time ago

How was it different?
Thank you.

#onepercent #india #affable

 4 years ago 

The linear rewarding to authors/curators was until the first thirty minutes, now it's just the first five.

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