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RE: STEEM HARD-FORK 19 CREATES MORE OPPORTUNITY AND I'M GRATEFUL
First 10 votes i believe have the most weight! afterwards it goes down.
First 10 votes i believe have the most weight! afterwards it goes down.
No that's not exactly it.
The reward curve has been changed from exponential linear. In practice this means smaller users have gained hugely at the expense of whales.
The 10-votes is the optimum rate to maximize your vote output per day. Previously it was 40, now it is 10. You can vote 10 times a day, spread out throughout the day, to maximize how much you give in rewards.
This is a welcome change. I think further tweaking to the reward algo is required but this is a step in the right direction!