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RE: Ulog # 8/15 A rant about, I have no idea, but I need to get back into writing

in #ulog7 years ago

howdy this fine Wednesday sir Wolf! that was a pretty good rant for just getting back into writing again! you have a good understand of what life's all about sir. trying to abstain from voting much for awhile, power is around 40%.

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LOL yea you have to get it back up. don't worry about it your comments are more important to me. :)

thank you sir, well it's always shocking to me that the power goes so fast, I don't suppose they will improve that in the near future?

change is coming on the 25th of Sept. Voting power comes from the amount of SP you have. That's why people should power up

sir wolfhart! what happens on the 25th?

hard fork
I know it will change the voting time and curation

With the current blockchain rules, if authors vote for themselves right away, they get their author rewards, plus 100% of the curation rewards from their vote, plus a portion of the curation rewards coming from everyone who votes for the post after them. Any other curator voting at the same time as the author would get 0% of the curation rewards. This gives the author an unfair advantage over other curators, because the author can earn additional curation rewards through self-voting.

From https://steemit.com/steem/@steemitblog/blockchain-update-3-hardfork-20-and-release-19-4-appbase-statsd-and-rocksdb#@lynncoyle1/re-steemitblog-blockchain-update-3-hardfork-20-and-release-19-4-appbase-statsd-and-rocksdb-20180628t035255050z

Hardfork 20 will change this “lock out” period to a “cool down.” During the last 12 hours of a post or comment payout period, upvotes and downvotes will still be allowed, but their strength (for the same amount of voting power) will decrease linearly from 100% to 0% over that 12-hour period. In other words, it will take twice as much voting power to have the same impact on a post’s payout if the vote is done with only six hours left on the payout window instead of twelve. A downvote cast in the last minute would have virtually no impact.

From <https://steemit.com/steem/@steemitblog/blockchain-update-3-hardfork-20-and-release-19-4-appbase-statsd-and-rocksdb#@lynncoyle1/re-steemitblog-blockchain-update-3-hardfork-20-and-release-19-4-appbase-statsd-and-rocksdb-20180628t035255050z

ok thank you sir wolfhart, this is a wonderful breakdown of the change in voting!

That's what I got so far from people who know better then me

sir wolfhart! well sir that's more than I got so I appreciate it!

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