RE: Can anyone explain what is curation reward on Steemit?

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Can anyone explain what is curation reward on Steemit?

in steemit •  8 years ago 

So there is some kind of "winner-takes-all" effect for the trendy posts. You're gonna upvote what others already upvoted to gain money and ensure that the pay out is high, but it doesn't guarantee that the quality is there, just that there is some informational cascade

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8 years ago by

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      ·  8 years ago 

    I see which means such system is flaw by nature. :(

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        ·  8 years ago 

      Well, the limit of 20 votes per day and the decrease of gain based upon the number of previous voters reduce this effect. Maybe it can be completely fixed with the proper regulation, either it comes from the Steem or from the community, but yeah, right now, I think it's a bit flawed. Even without taking into account the voting power of whales who make post trendy just by the amount of money they can give.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00