Steem release in 5 days will change how you get paid!
The Steem release notes for 0.12.0 can be found here.
The Change
As of next Tuesday, a major change to payout scheduling will go into effect. The payout schedule refers to the payout that currently occurs 24 hours after the post is submitted. In this timeframe that your post has the ability to accumulate votes before it is frozen.
Below is the actual release notes for the payout schedule change:
Issue #177
Each discussion goes through a two stage payout. The first one is nearly identical to what currently happens on a new discussion except that we are weighting payout times by 12 hours instead of 24. This should cycle through currently trending content quicker. There is a second voting period set to 30 days after the first payout. This should help posts that don't have immediate viral success accumulate votes and have more consistent payouts in the long run. After the second payout a discussion becomes "frozen". The discussion is no longer editable and new replies are disabled. Users can still vote on comments in these discussions as a "nod" to the author without costing their posting power or awarding reward shares.
What does this mean for me?
Trending content will cycle quicker
The first major change to the payout schedule will be to the initial payout timing. This will be moved down from 24 hours to 12. This will hopefully increase the change of content hitting the trending page.
A second payout will be added 30 days after the first payout
This awesome addition will allow users who's posts were not initially noticed but became much more notable after the initial 12 hours to still obtain a payout. This may help many of the users who post in off-peak hours to still obtain the rewards for their hard work.
Voting after these two payouts will be enabled as a way to give a "nod" to the author
We've all been there. You search and find a great post that was exactly what you were looking for. Unfortunately you cant give the author the thanks they deserve. Well now all users will be able to still vote on comments for the post even after the post has been "Frozen" after the second payout. The best part is that no voting power is lost as part of the comment voting
Thanks for all the hard work guys and here's to another great release!
Check out my post on how the next release will reduce spam!
https://steemit.com/steemit/@hbhades/posting-reward-changes-and-you-read-and-be-aware
Great new update! Can't wait to see it in action!
Nice reading!
Check out new service i just released!
https://steemit.com/steemit/@cryptotony/steem-link-first-steemit-short-url-service-with-bunch-of-features
I thought I already voted and replied to this exact post... odd
@cryptotony Great Logo!! :D
Hope the service works out the way you want.
Keep it Clean!
TheCleanGame Blog Posts, Neatly Categorized
should be nice to add some view counter in next updates
True, hopes all like it.
This is way beyond wat i expect lol
Thank you for the information..
steemit increasingly leading
:)
How this post made $350 amazes me, what the hell
Great article!
Yeah it would be real nice to see some change of content in the trending/homepage. Personally I feel that they stay there for to long, with out getting any chance for other content to be seen.
I'm so happy about the changes. Looks like the devs are really active and fixing issues for the rest of us. :D
Maybe then I can get some feedback on my recipes!
Quick and simple. Thanks for laying it out nice and easy for us. Happy to see the secondary payout after 30 days!
Glad I could help. I know that many of the users on steem may not be used to github so i figured I would break down the change for everyone cruising the site :D
Brilliant idea! Until this, it's seemed as if any post older than a few days will tend to dwindle...I feel this would be a wonderful way to help the posts that don't immediately catch fire to gather more steem (see what did there??) over a bit more time. Makes it a bit more forgiving!
The best part is there is a 2nd additional payout after 30 days so the post will continue to have relevance!
If this makes thing better for everyone, i fully support ! Great article man, my upvote you got.
indeed man..full support from my side too if everyone get advantage from it !!
Good move! I'm happy to read that! Small improvement can make big step forward!
This sounds like a really good idea. I like what I am reading in this post. I had people point out things they posted to me tonight and they were both past the 24 hour period. I wanted to reward them but could not. Thanks for doing this.
Issue #176 I think is worth trying but it could be a bad idea in the long run. I guess I shouldn't be a naysayer before testing it out. My concern is that we talk about replacing reddit, facebook, etc in the long run here. Artificial posting penalties could be an issue for people who really like to share. Spam can be pretty subjective. I consider posting ads and the same post frequently to be Spam. I also don't benefit from a bunch of the same types of posts, but some people do. I can live within the limit though as that is kind of where I was trying to stay now anyway. Let's try it. We can always adapt and change again if it doesn't work out.
Don't you think that the timing of your post will become even more important with this change? Of course, I am referring to the 12 hours first payout change.
Good to know. Thanks. Not an enormous fan of freezing content, personally. I think it loses out on lots of interesting possibilities with maintained content, like project pages, store fronts, etc.
I think that 30 days should be enough time to allow for modification of a blog post. I'm sure that there will be plenty of releases in the future that will continue to evolve how the platform works. Maybe someday we won't need frozen content.
Depends on the blog post. Most of my personal favorite threads on good forums or on reddit are always the ones that are well maintained and committed to for the long-term by a good author. Right now, that sort of content grooming isn't possible.
I guess the question is: Does SteemIt want to limit itself to simply being an advanced "blog" or is it going to be more of a universal content delivery system, which it is totally capable of becoming.
I agree that not being able to update my content after 30 days seems unreasonable. I like to keep my content up to date and relevant and renew dead links if needed. Also I can't comprehend why content should stop earning rewards after 30 days if it still provides value to new readers.