Hey #Steemfam it's Dear ol' Lynds, today I'm gonna cut it short and sweet.
50/50 split on each post instead of our current 75/25.
Why would that change anything?
Wouldn't everyone just keep their autovotes on the same accounts, and just make 25% more?
You who want 50/50 back, say:
We'll start upvoting plankton/minnow/dolphin accounts manually if it goes back to 50/50.
(That's in my own words but you get the point.)
I don't believe you!
Others shouldn't either.
If you're not doing it for 25%, you won't do it for 50%.
How about you start doing manual curation for 25% first? Prove you are true.
We'll see how it goes.
If there are positive changes, and it turns out you were telling the truth, I'll start waging my own campaign to get it back to 50/50.
I have everything to gain for it going to 50/50.
I am a manual curator right now, more than I am authoring.
Yet, most of my friends don't have enough steem power to get any curation rewards at 25%, and they still won't at 50%, even if they curate smart, it's still pennies.
The only way they get any real rewards is from their own posts and comments.
I'm not going to take even more of those rewards away from my friends, than is already being taken by curators 25%, and then by the apps like #Dtube etc taking a 10% right off the top as a beneficiary.
That's it. My worthless opinion on the matter.
I think the post author should be given the power to decide what auth/curator split they want. Now that would be revolutionary!
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Holy shitballs Batman! HAHA!! I have never heard of that idea yet, love it, thanks for sharing!
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I can't take full credit for it as I have heard it mentioned by others before.
But I don't see why we just don't have a slider that lets post authors decide how much they want to keep and how much they want to give to curators.
That way, if you're an amazing author and you know you will get votes, you can set your curation re wards to 10%, while if you're a newbie and are desperate, you could set your curation to 90%!
Will it happen? @ned?
I wouldn't hold my breath.
There are 3 things that could change this place for the better.
Mike drop
I am out
@kabir88
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I like it @pwny!
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Gotta watch where you put your fingers or it might bite ya!😁 Thanks
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Yup, there are a lot of flawed assumptions about the 50/50 magically fixing the issue of vote selling/buying by trying to get them to curate... when they will just it anyways and more 100% more than they do now by doing nothing. The "services" will just adjust to charge less for a vote that is rewarding less to the author... and everything stays the same. It only makes the rich richer.
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interesting. I am already glad that I can get some exposure on steemit.com. But obvious upvotes vs rewards often do not add up. I have no time on my hands to even try understanding the whole ball game.
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I have ~1700 Steem Power and here's my estimated curation rewards last week: 1.536 STEEM POWER
I honestly wouldn't care much if I earned 0.5-1 Steem more per week, and I doubt others would care about it.
50/50 is a perfect option for vote sellers and circle jerkers. Large stakeholders would also be able to earn more than ever before, so it's literally a superb option for the rich to get even richer...
Or whatever they've said. Sure, it might increase the amount of votes authors would get, but there's no guarantees for that. The only guaranteed thing, is the fact that curators would earn more.
I can't see a single positive thing with 50/50... But on the other hand, I'm not greedy, selfish or a large stakeholder.
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Yup, it seems like a con job being pushed onto the platform (even if it's not intentional). Many want to try to get more investors by enticing them to invest, selling it as an opportunity to make money by doing a few clicks, or worse, sell votes and make 2x as much, 100% more profit than they are now. I think the "positives" that are sold are misconceptions compared to how it will play out. Meanwhile, the majority of the platform won't see much improve in curation rewards, and their author rewards which is their main means of trying to grow in SP, will be cut. The ideas people come up with just to try to get STEEM to go up in price by getting peopel to buy it.
"Vote selling/buying will be great for STEEM. Investors will want to buy STEEM to get great ROI, making the price go up. And people will buy STEEM in order to buy votes. Such a great idea." Right... how's that working out for the greatness of the platform? 50/50 just makes it worse as I see it.
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Totally my favorite installment of the sword of truth:)
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Ahhhhhh you are rare! :)
I don't often find fellow readers....
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I love all the epic sagas of the time, ask me about the wheel of time, if you have several hours lol ;)
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I've only read the first one, and not because I didn't want to carry on with the series, I haven't bought the rest of the series. I've been really wrapped up in The Malazan Book of the Fallen I just finished my second read of the series. Have you heard of/read that one yet? It's ... uh ... epic. Almost a little too epic. I need to read it probably a couple more times before I can really get to know it.
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My thoughts, exactly, @lyndsaybowes.
Those who are supposedly going to drop all else to manually curate with a 50/50 split should come our way first, and do it now, as a show of good faith.
Unfortunately, I'm not sure how we keep them doing it after the 50/50 happens. Apparently there's a need for trust, but trust works both ways, and somehow, that needs to be established.
All your key points are on the money. I agree. Not sure how this helps the little fish with either curation or their posts. Increasing a dust vote by 33% isn't going to really get them going anywhere that much faster, and taking 33% away from them on the other side won't any. The only possibility that helps if in fact higher SP actually curates more smaller fish and gets them the $1-10 STEEM for their posts.
Even if the non-curating upper SP accounts want to, though, if I do the math, I see the red fish outnumbering the number of dolphins, orcas and whales by a big margin. Forget about the minnows.
I don't know. Just seems like there's not that much to gain for the smaller guys. Again.
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With the market being what it is and the lack of engagement, most of us already struggle - so losing a big chunk of author rewards would definitely hurt. How do we compensate? From curation rewards!? In that case, I'd be forced to forget about voting some of those who I know are not making much money, just as some of those currently supporting me would look to increased rewards. Votes would go to top-earners for better rewards, leaving minnows with a smaller percentage of a smaller payout! Hardly a recipe for increased user retention...
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I don't get it. I tried to get it. I came really close to getting it for about 38 whole seconds the other day but didn't end up retaining any real understanding. I've kind of given up trying to "get" anything that goes on here because I know as soon as I grasp how something steemish works, it's going to be changed and I'll have to start over again.
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I am with you. I don't get it
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@allseeingewe & @marionbowes, what parts don't you get? I'll explain the best I can.
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well you know me, touchy feely, so later..xx
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hehe, no need to be touchy and feely, what I'm saying is:
Do you know what curation is?
Do you know what curation rewards are?
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I thought it was a writing award. But hey maybe I don't really know at all. However, it will have to wait...At least till I have more head space.
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Okay, I'm still gonna answer just incase anyone else needs to know.
Curation is when you vote on a post. You get Steem Power when that post you voted on pays out.
The amount of Steem Power you get paid depends on a couple things, but mostly it depends on how much Steem Power YOU have.
So, the bigger upvote you give, the bigger curation reward you get when the post you upvoted pays out.
*Now this is really actually underlining my point that I'm making in my post by having you, the Ewe and Jon all saying you don't understand. You guys don't understand because of what I'm saying in my post.
Your Steem Power is so small, even if you have hundreds of Steem Power, it's still not enough to even give you enough of a curation reward that you would NOTICE it even exists.
Right now the way things are set up is: You keep 75% of what your post is worth. Curators (upvoters) get the other 25%.
There are a bunch of users on this platform that say if curators got 50% of our posts, they would, for lack of a better word... "Curate Harder".
Does that make sense? Let me know if it doesn't and I can try to re explain.
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gee. I curate my heart out. I was never really doing it for a reward, but rather for peeps knowing that I actually read their content. Which I do BTW. Sounds to me like the wall street of Steemit. I would rather get paid more for the awesome stuff I write, rather than upvoting all over town for more rewards. All that would happen is that we would all get more automatic upvotes rather than anyone reading our stuff. At the end of the day what is the point in putting out quality stuff as opposed to someone putting random shit and getting upvotes from strangers to make money. "Just Saying"
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Totally helps! Thanks Lynds 💗 i actually thought it was how the rewards were divided up between sp & sbd! Thank-goodness for delegators, contests and posting i don't think i make much through curating anyways. I still try to both comment vote and curate vote but it's pretty complex out there!!
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same
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This line said it all. The sad thing about this 50/50 reward split is that those creating good content that are making very little will now have to lose 25% more without having any increase in their reward. This is really absurd. The person that's coming forward with this idea isn't forward thinking at all. The disadvantages of this system will prevent most authors from posting. It just won't work
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That's what I was thinking too. In fact, if it changes to 50/50, I probably won't do more manual curating than I'm already doing either. I've found some authors I like, and I support them, but I'm not going to be looking for more authors specifically because I'll get more back in curation. I don't have a big enough vote to matter, but even if I did, I don't think it would change my behavior.
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Very well put! Re-steemed!!
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I feels ya on this one. As of late, I have rewards at 100% power up.
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I hear ya! Unless we can really believe that will bring in loads of people to make up what us authors are losing. Maybe if they ended delegations so whales would have to curate? I have no idea.
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Love you too Lynds! I don't even pay attention to any of that, but itll be interesting for sure, when is this happening? Ill get ready for some drama llamas.
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It's not happening, just being talked about a tonne, as a solution.
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What if people choose to 100% power up, will this help? I suppose when your a low sp stake holder, curation is really meaningless. Im seeing this more with monitoring the canna account. Its crazy how much one can make in curation when your stake is high. I dont know i think im going off topic, maybe need more coffee, lol.
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If you 100% power up your posts, the curators still get their cut.
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I have no idea what this means! But, whatever.... i will just Steem anyway! I have been trying out minnowbooster ith my sbd and it seems to be helping build my sp .... so slowly! Lol lotsa love angel @lyndsay 💗
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I explained it in my reply to the allseeingewe's comment, if you want to find out.
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If 'another' change happens here which 'takes' even 'more' away from authors/creators here...I will NOT be a very happy camper...The deck is stacked against the small fish enough as it is.
I create, plus manually curate...I do it mostly for the 'joy' of doing it, but since rewards are a part of the experience here, and we seek to attract new contributors and 'keep' them here, happily participating...they need to be rewarded appropriately.
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Truth is, I've never given a toss about curation rewards - they are microscopic anyway - if anything they should be even less - maybe 10/90
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That makes sense. The producers of content receive the rewards.
Those not producing good content, will get very little.
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I like the 75/25 split better.. just my opinion tho.
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I feel you on that disclaimer.
We gotta use a disclaimer because if we don't, 50/50 folks get...
Oh, and they're mostly Orcas and Whales so ... you know ... don't wanna piss them off.
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I'm sure my boy Tommy disagrees with me
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Heh heh heh....
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You said it right. Curation gets you pennies. So if it gets to 50/50 then minnows will be at a bigger loss.
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Big time.
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Hello ... I am following you and peak at your blog on a regular basis but looking at the stats of this page, makes me wonder. My rating and rewards also go up and down. Do you have a page to suggest where I can learn a little bit more about the topic? Not that I am after the money (rather exposure) but an explanation would be welcome at this point. Tnx @lyndsaybowes
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What is the topic you wish to learn about? Curation? Curation rewards?
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hey... rewards... how is the amount determined?
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Based on the SP, current voting power/manna, and the voting percentage applied to a post. This effectively drives more SP rewards to a post. The more SP you have, the more your power/manna is near 100%, and the closer you give a 100% upvote, the more rewards you can allocate to a post based on the SP you have. Those with more SP have more power to allocate rewards. Someone with 1000SP and a 100% upvote gives more rewards than someone with 100SP and a 100% upvote. It's all based on money/SP ;) Those who have the money have the power on the platform.
The rewards about (44,000 STEEM) are generated each day from the blockchain and distributed based on who votes for what. And then some SBD is generated too, based on the value of STEEM. If STEEM is too low, then SBD stops being created.
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Thank you @krnel.
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Whenever I see a post with one of you big smart fish talking about changing rewards these days, I am posting this plea:
If you know anyone in power or can do anything yourself, please work on this problem we have with brand new steemers.
This new fork thing makes it so new people can only post one post and a few comments and then their rc is dead for a few days.
In my opinion we need new blood to survive and according to @arcange and @penguinpablo reports, new people are not coming. Those few that do get in are gone in hours instead of days now, when their rc crashes immediately.
If these noobs manage to ask for help, people tell them to "buy in" so their sp gets bigger. This is seem very scammy to outsiders and leads to comments like this in fb groups for social media marketers:
I do not have an opinion about the 25/75 split. I am just a content creator trying to survive in this nuthouse.
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Hi, I've been delegating to new users, give me their names, your friends who are struggling. I would help immediately.
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Thank you so much! Here is one of my steemitmamas. She has 18 sp and 3 rc since she was trying to edit a post too many times.
@empathetic
She will be so grateful for the help. Thank you so much, @lyndsaybowes! I will remember you, next time I see one.
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Thank you very much for bringing it up, we do not want new Steemians falling through the cracks. Great work @fitinfun!
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😮 thank you for that offer. I am from steemitmamas too. We have delegated to a couple of mamas who needed more RC but I’m limited right now and am waiting to get a delegation back before I can help anyone else.
@empathetic could really use some help, thanks for the offer.
I am a happy Steemit user even with these new changes but really appreciate others finding the “best” way to work with this system.
Currently if a new person joins and they are a part of steemitmamas we help them grow as fast as possible until they have enough RC to keep posting, however we are a fairly small group and our investment power is still growing BUT I am sure in the next few months we will be even stronger.
Thank you @lyndsaybowes especially if we get help from outside our group.
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Done and Done. Let me know as soon as there is someone else who is in need <3 I'm very happy to help, it meets my need to contribute.
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Thank you for your support! The #steemitmamas appreciate you helping our team member ❤️
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A - to the - men.
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Hi @lyndsaybowes!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.400 which ranks you at #645 across all Steem accounts.
Your rank has improved 2 places in the last three days (old rank 647).
In our last Algorithmic Curation Round, consisting of 257 contributions, your post is ranked at #7.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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I like the current split but would just as happily use Steemit if the split was different.
I think Steemit is GREAT 👍 and love the fact that my time spent online helps me stack pennies. I do see how it would turn me off if I was starting now instead of last December ...
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I would like to think I am intelligent. But I don't get it.
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me neither... so dont worry :)
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lol
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I get you, the autovoting is not a real productive asset. I use it a little bit, but 90 % I curate manually... And of course also plankton, it’s about content... Not?
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