ACHIEVEMENT 6 : Curation and Community
Objectives of this Achievement is:
-Newcomers know how curation work in steem
-Newcomers get to know what witness is and how to vote for witness
-Newcomers know how to create their own community or join the existing community that fit their interest
-Newcomers know how to use third party applications widely use by steemian such as discord.
Voting and Curation
There is a fixed reward pool on Steem.
Users vote on good content (like on Facebook) to distribute rewards from the reward pool to users who post quality content.
Users who distributed the rewards get 50 percent of the rewards they distributed.
The more Steem Power you have, the more rewards you can distribute from the reward pool.
Starting with the network's 16th hard fork in December 2016, Steem began creating new tokens at a yearly inflation rate of 9.5%. The inflation rate decreases at a rate of 0.01% every 250,000 blocks, or
about 0.5% per year.
The inflation will continue decreasing at this pace until the overall inflation rate reaches 0.95%. This will take about 20.5 years from the time hard fork 16 went into effect. After the Hardfork 21 this is the current distribution of the reward pool:
65% of the new tokens that are generated go to fund the reward pool, which is split between authors and curators.
15% of the new tokens are awarded to holders of SP.
10% pays for the witnesses to power the blockchain.
10% for the SPS/Steem DAO.Voting and Curating
What is my voting mana?
Voting mana is like an "energy bar" in a computer game that goes down a little bit every time you vote. You start out with 100% voting mana. Every time you vote, you will use a small amount of your voting mana.
As you use more of your voting mana, your votes will carry less influence. A vote with 50% voting mana left will be worth 1/2 as much as a vote cast with 100% voting mana. Not to worry, the network recharges your voting mana by 20% every day.
How many times can I vote without depleting my voting mana?
Every 100% vote you cast will use 2% of your remaining voting mana. Your voting mana will recharge by 20% each day. You can vote more than 10 times per day, but each vote will be worth less, and it will take longer to reach full voting mana again.
Each user also has a mana pool specifically for down votes. This pool is 25% of the upvote mana pool. Downvotes will consume this mana first before consuming regular mana. When voting, 1/50th of the remaining mana is used for a 100% vote. The same math is used for downvote mana but multiplied by 4 because the downvote mana pool is 25% the size of the normal mana pool. The maximum of these values is used. When both mana pools are at 100%, the values are the same. When downvote mana runs out normal mana is used in the same manner as the current behavior.Can I vote with less than 100% of my voting strength?
New users can only upvote and downvote with 100% voting strength.
Once you reach about 500 Steem Power, you will see a vote slider appear when you vote. You can use the slider to adjust the weight of your vote, between 1% and 100% voting strength. Voting with less than 100% voting weight will use up less voting mana, but it will also have less of an influence on the post or comment's rewards.
Where can I check my voting mana?
You can view your current voting mana using third party tools such Witnesses
The Steem blockchain schedules witnesses to produce a new block every 3 seconds. 21 witness nodes produce 21 blocks in each 63-second round.
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit