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What is voting and curating on Steem?Are they the same thing and difference between the two terms
Voting in Steem refers to the act of expressing one's choice or help for a particular piece of content by assigning it a vote. Curators play an important function in identifying precious posts that deserve wider interest and curating involves a subjective judgment of content exceptional and entails finding hidden gem stones and assisting lesser-known creators.
Even as each voting and curating involve expressing choices for content material, there are key variations between the two terms. Vote casting is a character action where users assign a vote to express their personal opinion or aid. It at once impacts the rewards acquired by the content author.
While curating is a greater network-oriented interest. Curators' purpose is to identify and vote on content material that they accept as true and that will benefit the bigger person base.Curators often have a better level of impact or stake inside the Steem network, letting them have a broader impact on the visibility and rewards of the content they curate. Curating serves as a way to manual the attention and rewards in the direction of deserving content material, nurturing a healthful and attractive network.
If we vote a content before 5 minutes or after 6 days 12 hours of its age in steemit, will it have the same amount of reward as the other periods? And how can one check the reward amount of a post that has returned to the blockchain's reward pool?
In the Steem blockchain, the reward distribution is primarily based on a voting window that lasts for 7 days. At some stage in this window, votes cast on a submit will make contributions to the submit's praise payout. However, the load of a vote diminishes over time, which means that in advance votes have a higher impact on the final reward distribution.
When you vote on a publication earlier than 5 minutes of its age, your vote might be considered an "early vote." Early votes receive a discounted reward due to the fact they're deemed to have much less influence on the post's reputation. Alternatively, if you vote after 6 days and 12 hours of the submission's age, your vote will not have any effect.
To check the reward quantity of a post that has back to the Steem Blockchain's reward pool, you can observe these steps:
- Identify the author and URL of the publisher you need to test.
- Go to a Steem block explorer which includes steemd.com or steemdb.Io.
- Input the URL of the put-up or the writer's username in the search area.
- Navigate to the post in question.
- Look for the "Payout" or "Pending Payout" segment, which displays the ability rewards of the put-up.
- The displayed amount will indicate the capability reward that the submitter can receive once the 7-day vote-casting duration ends and the payout calculation occurs.
How can a curator earn more than 100% upvote value of curation as rewards on steemit? Indicate the time and position of your vote in the steem blockchain, what is the projected curation reward?
Curators can earn greater than a hundred% upvote value curation rewards by using voting on a post before it turns popular and by having an excessive quantity of Steem energy. The curation praise is calculated primarily based on the rshares generated with the aid of the vote, which relies on the vesting shares (Steem power) and the vote-casting power used. The voting strength used is a fraction of the vote-casting power and the load set using the curator. The total payout of a submit is proportional to the full rshares accrued using the votes and the praise balance of the pool.
Let's illustrate this with an example, if you voted on a submit with a weight of 100% and a upvote energy of 100%. And if your vote became the fifteenth one and it became cast 3 minutes after the publish turned into created. Your vote will generate 1,032,000 rshares, which is equal to 0.001 STEEM. The projected curation reward for your vote is 0.000 STEEM, which is less than 100% of your upvote fee.But, if you had voted on a post with a weight of a hundred% and voting power of 100% after 15 mins of its introduction, your vote might have generated greater rshares and a higher curation praise. According to this calculator, your vote might have generated 1,032,000 rshares, which is equivalent to 0.001 STEEM. The projected curation reward to your vote would be 0.001 STEEM, which is equal to 100% of your upvote value.To earn more than a hundred% upvote cost curation rewards, you want to vote on posts that have an excess capacity to receive extra votes after yours and that may have a high payout. furthermore you need to have a high quantity of Steem power to increase your rshares. You can use equipment like
https://steemworld.Org/ or
https://steemdb.Io/ to display your posts and votes on Steem Blockchain.
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The function of curation in content discovery on the blockchain?Is self-voting important or beneficial for the rewarding system on steemit explain why?
Curation performs a vital function in enhancing content material discovery inside the Steem blockchain. Steem is a decentralized social media platform that makes use of a unique reward device based on person-generated content material. Curation entails comparing and selecting precious content by voting on posts and allocating rewards to deserving participants.
Self-voting, which refers to voting on one's very own posts or remarks, is not permitted on steemit.Self-voting turns into elaborate when it's far used excessively or in a manner that manipulates the system. This behavior is regularly referred to as "vote farming" and is generally discouraged.
To mitigate the potential issues associated with self-voting, steemit network actively discourages excessive self-vote casting via social norms and community-driven projects.
I invite @goodybest,@rme,@patjewell and @dobartim to participate in this contest☺️
Hello dear @crowd1
First of all thanks for your contribution in this contest and you tried well about the explanation of voting and curation.
But your post has some mistake I suggest you to try kore research and analysis to make better this post and increase your knowledge about the curation rewards.
I wish you to success in this contest and I hope you will give your best in next challenge.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I must tell you that these contests are more difficult. The moderators knows what they are doing and they are crypto boffins.
Taking part is what count and I am sure that you have learned a lot from writing this post. There is so much more behind "Steemit" that even I have a lot to learn.
Well done! I applaud you! 🤛
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit