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RE: Steemit Crypto Academy | Homework Task 6 For @sapwood. Isolated and community judgement

in SteemitCryptoAcademy3 years ago

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

In fact, there is no established definition of isolation and community judgment. But I will explain what I understand with these concepts.

When the community reaches an agreement on the quality of the post and rewards it, we can call it community judgment. If the community is not sure about it or strongly disagrees with the kind of content produced in the chain, then we can call it isolated judgment.

Mathematically, the overall size of SP in isolated judgment is much lower, hence the output(the post payout) is also lower(sub-linear).

Similarly, the overall SP size in community judgment is much higher, and due to convergent linear reward curve, higher input produces a better upvote value(linear reward).

In a nutshell, it encourages individual users to act as a community.

P0 = 0.59
P1 = 0.68
PT = 26.56

Voted after Δt = 1, 5 minutes.

=> P = (1/2) * (√26.56) * (√0.68-√0.59 = $ 0.148

In this post, your upvote value= 0.09 and the curation reward is $0.148.

So you got the advantage of all the three--

  • Time of voting
  • Position of voting(You are an early voter in this post)
  • Convergent linear reward. The post got some traction after your vote.

That is why you managed to get 164% of your upvote value as curation rewards. That's significant and much better than the isolated judgment.

That's the same resource (SP, VP) that the community judgment yielded $0.25, which is five times the sole judgment ($0.05).

That's correct. Both upvote value and curation reward get better when you curate top trending posts(the reward curve already achieved linearity in such posts).

Thank you.


Homework Task -6 successfully accomplished.
[7.5]

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