RE: Now you can see the numbers. by dreemsteem

Viewing a response to: @victorholyo/victorholyo-re-dreemsteem-now-you-can-see-the-numbers-20190626t191932307z

hardfork · @dreemsteem · Jun 26 '19

It's ok - its not a stupid question. You were gone for a long time and now you're back ! (welcome back heheeh)

Curating is when you upvote someone's post or comment. When someone creates a post, let's say they have a $20 post! (maybe they earned a Curie for an awesome post!)

Right now - you only get to keep 75% of those rewards. 75% goes to the author (which is $15) and 25% gets split amongst all the people who upvoted your post (the curators)

but see.... it gets SPLIT amongst them.

so $5 is being divided. If 400 people upvote. then - that $5 is being divided among the 400 voters.

is it being divided equally??? NO.

If you have a 100% upvote with only a little SP in your account - maybe you will only receive 0.005 SP for that curation.

But if you give a 10% upvotes with 1,000,000 SP in your account - maybe you will receive $3 of the curation rewards!

See? it is based on your stake.

So - if they are dropping your author rewards to 50% now (instead of 75%) then you lose money there... that you can NEVER regain in your curation rewards.

Even though they are increasing the curation rewards from 25% to 50%..... the small accounts make SO LITTLE in curation - that doubling 0.005 to 0.01 - means almost nothing!

but - for the large accounts??? doubling $4 to $8 - means A LOT. (or doubling $3000 to $6000 in one month.... that is ALL being taken FROM author rewards - and going TO curation rewards - and they are doing NOTHING more to earn that.)

do you understand now? if not - ask questions :)

👍 crescendoofpeace

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@victorholyo · Jun 26 '19

This means upvoting also is curating.

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@dreemsteem · Jun 26 '19

yes - that was my third sentence <em>hehehe</em>

<blockquote>Curating is when you upvote someone's post or comment.</blockquote>

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@victorholyo · Jun 28 '19

I read it for the second time and finally understand what is going on. Reading this and seeing red and green got me really confused. I see a lot of red in the chart.

There will always be more people reading than creating.

More readers will be good for us creators.

So if they take away how much we creators I making, I guess we will have to churn out more.

Like the music industry with Apple Music and all.

Maybe it is a good thing.

Or we can curate more than we create.

We only have so much time in a day.

I now have 5 businesses to run. Time isn’t getting any more.

If I can just do one thing in the world, it would be writing.

But life sucks.

And we do other things.


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2 replies

@crescendoofpeace · Jun 26 '19

Perfect explanation, @dreemsteem. Excellent on all counts.

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@dreemsteem · Jun 27 '19

Thanks for visiting my friend!! I would so prefer.to be wrong on this..but I don't think I am.. ☹️

👍 crescendoofpeace

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@crescendoofpeace · Jun 27 '19

Nope, I don't think you are either. Drat. ;-)

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