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RE: Math of Steem: Early votes have more value because 50/50 payout isn't really 50/50
I should have doublechecked that against more recent comments. The one here does seem to be accurate; I don't suppose you'd care to point me at the algorithm?
I've corrected the post.
Thanks for the correction. I had wanted to get to it earlier, but as you know, there is always more to do in a day then time allows.
Of note: The author portion is linear (15 minutes = 50%), but the split of the curation between curators is sqrt, with the earliest voters getting more "help", but the sheer voting SP by the bots almost always takes the cake.
Here is the author portion simplified.
https://steemit.com/utopian-io/@steempytutorials/part-12-how-to-estimate-curation-rewards
Thank you.