Steem Hardfork And More New Exciting Changes Are Coming! [Detailed · 5 min read]
View this post on Ecency: Steem Hardfork And More New Exciting Changes Are Coming! [Detailed · 5 min read]
View this post on Ecency: Steem Hardfork And More New Exciting Changes Are Coming! [Detailed · 5 min read]
This is explained so well and in terms everyone can understand without being overly technical. Many thanks for creating this post. The only question I have is about liquidity rewards. Is that the payout of steem power or steem dollars? Maybe others have that question too.
Contribution Rewards:
per round)
STEEM per round) or 0.750% per year, whichever is greater.
year, whichever is greater
Power Rewards:
divided among all Steem Power holders.
see: Steem Whitepaper, page 35.
This is so helpful! I read the white paper but must have missed this part somehow.
Warning: some of the details of this, was updated with last hard forks. But more less it should give you an idea.
Understood. You are a valuable asset to steemit. I'll do my best to pass on the knowledge when I see others with similar questions.
Good stuff. Thank you for sharing!
Yes, changes are great. Better content is being rewarded, penalties for abusing the community with bad and frequent content.
2016-07-26
Nice catch, thanks! Updated it, I suppose github note also needs an update!
Steemit Quotes Of The Day –
Sometimes life is tough. 諦めない
Btw i upvote your post because it is a great content :)
Thanks, nice animation!
If this is true why would anyone vote after the first payout? Nothing will change except now there is a time limit of maximum 30 days to reward any post.
Why would you think no one will vote after 30 days? Blog followers will be the first payout voters most likely but someone who finds post later on, maybe even after year, they still might like/vote the post. And it gives content creators long term income. So it is good to think long term when you write your content. And internet is full of articles and posts from years back, they are still helpful in most cases unless of course, content is time relevant.
If most people don't vote after 1 day, what makes you think most people will vote 29 days later? But the difference is now you're limited to 30 days while before you weren't. Your posts now grow old and die.
Well, the way I understood is that. Now we will have 12 hours for first payout which is shorter period for post to stay on top of the post on trending page. After that period it is payed out and other post will come to visibility and they go down, but the post which has real good value keep getting votes for second period which starts after first 12 hours and so on. I think this will increase chances to more posts to get spread of votes instead only few getting major votes.
All this still makes my head spin, but this helps immensely. Keep on educating those of us who are more visually oriented and not coders.....;-) ~ljl~
of course
Ummm.
there is a typo in your text: Issue
The Prolem