Important Notification by steemitblog

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steem · @steemitblog ·
Important Notification
<h1>Temporarily Reduced Payouts</h1>

You might have noticed something a bit odd on the trending page! As you may or may not know as part of the recent hardforks some changes were made to the way the Steem algorithm will be distributing payouts. One of those changes is to use a 30 day moving average to determine how much Steem should be distributed daily in order to make the rewards more stable and enable users to more reliably predict the amount of rewards they can earn on a day-to-day basis. One consequence of this is that as the protocol switches over to this system today (the beginning of the 30-day period) rewards will be unusually low for the next couple of days. However, don’t fret, this is temporary and rewards will steadily increase as the system reaches equilibrium. This is a one-time event as a consequence of switching to this more stable system. We appreciate your patience.

- The Steemit Team
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 147 others
πŸ‘Ž  , , ,
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vote details (215)
@blocklab · (edited)
thx for the info - looking forward to the development :)
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@denmarkguy ·
$0.04
Thank you! Yes, this is an important piece of information for the community at large... seems a lot of people are sitting still, wondering "what to do next." 

The answer would be "keep posting as normal," because this is NOT the time for everything to grind to a halt because people feel confused.

Resteeming...
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (52)
@businesswri · 
Comment Nesting Testing for Comment Nesting
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@jacobtothe · 
This is a test of the emergency comment nesting system. This is only a test.
πŸ‘  
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@mammasitta · 
Yes indeed! Very important info and resteemed as well
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@demotruk · 
Could you perhaps put a prominent notification on the site to direct people to this post?
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@businesswri · (edited)
Thanks for the update! :] I'm curious how this new normalize payout works n all.  Cheers for the HF 17 & 18.
πŸ‘  
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@allmonitors · 
ok this is a bit on layman's term..now I get it :)
resteemed too!
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@titusfrost · 
Interesting, thanks for explaining. I look forward to seeing how this pans out. 

Thanks! 

P.S. As long as this has no effect on free speech have at it.
πŸ‘  ,
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vote details (2)
@nspart · (edited)
Very glad to hear this as I was happy to come back to Steemit. But making .05 a post after making $10 to $40 was not motivating at all.

Also what happens to the money /value we lost on our currently active posts?

Resteemed as everyone needs to know this.
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@goldmatters · 
What about promoted posts? Paid for promoted post yesterday not appearing?
πŸ‘  
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vote details (1)
@roadscape ·
$0.02
Known issue, will be fixed within a few minutes.
πŸ‘  ,
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@goldmatters · 
Great!
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@kaylinart ·
$0.04
Ouch! Hahah I had some really good amounts on my posts. And they dropped to nothing. Thank you for the update though.
πŸ‘  , , ,
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@demotruk · 
They will recover over the week.
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@juvyjabian · 
Amazing that you have a good amount in your posts :)
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@adroitful · 
You're telling me.. I'm new and this is all really confusing. I have no clue what's going on
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@karenb54 · 
What happens to the posts we write now, will the amount change when its all  sorted or does it not?
πŸ‘  , ,
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vote details (3)
@old-guy-photos · 
It sounds like if you post stuff now, expect a low payout? Kind of taking one for the team. A sacrifice...that's how I understand it.
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@karenb54 · 
Oh... do we continue to put extra effort in or wait?
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@alexrickard86 · 
I'd be interested in that to, I've wrote what I would think were 2 petty good articles, ok so one was a load of pictures of my mother's dogs but none the less probably would have earned me a nice reward, will these posts slowejw start to get compensated as the steem comes back? 
I've also noticed a large drop on upvotes possible because the autobot's aren't doing their thing?
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@karenb54 · 
We need a few answers,  I want to continue writing but don't want to put to much effort in if I'm getting nothing back, I've  just posted one that I think would have been  good payout... or I maybe wrong
πŸ‘  
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vote details (1)
@abit · (edited)
Total post rewards per day (in STEEM) will be increasing sub-linearly over a month or two, until reach a steady state (same size to pre-hard fork period). If you want to get more rewards (in STEEM), and you're sure that there will be same quantity of people (or more) that will vote for you, and no more authors will be posting (to compete), you can wait a month or so. But who will know a STEEM will worth how much $ at that time?
πŸ‘  
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vote details (1)
@the-future · 
I think everybody will understand this because it will be for the best of this platform! Patience will pay it back! :D 
Thanks for the news!
πŸ‘  
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vote details (1)
@blueorgy · 
https://cdn.meme.am/instances/50955690.jpg
πŸ‘  
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vote details (1)
@old-guy-photos · 
Glad to finally hear something explaining it in a simple way.
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@ender ·
$0.20
Such a bad idea. Allowing people to depend on income is a bad vision for the platform. It should be focused on engaging casual user who posts occasionally like Reddit. Oh well maybe hf28 will get it right.
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vote details (138)
@surfermarly ·
$0.08
Who depends on income here? I think you haven't really understood that vision yet...;)
πŸ‘  , , , ,
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vote details (5)
@nik9 · 
judging by much of the content I skim through, the hope for income does represent many peoples  motivation
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@ender · 
Referring to this
>n order to make the rewards more stable and enable users to more reliably predict the amount of rewards they can earn on a day-to-day basis
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@unmean-stweets ·
$0.12
<div class="pull-right">http://i.imgur.com/SaC2hFq.png</div>
hf 18, will get it right! These seven days will teach steemians how to be reddit-like!
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vote details (132)
@sneak · (edited)
$0.02
The scaling changes in HF17 are critically essential if we are to grow to even a fraction of the size of reddit. 

The changes were made out of scalability requirements, not explicitly to allow people to depend on predictable income. That's just a side effect.

A better way of putting it would be "to make reward amounts more predictable for both voters and publishers alike".
πŸ‘  ,
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vote details (2)
@ender · 
Thanks for your response
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@aunt-deb · 
A day late and a dollar short. Would have been nice to have this spelled out last week. Then I wouldn't have built up the hopes of a friend.

Brilliant!
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@lordvader ·
$0.11
Thank you for trying to cover for the Empire. But it is completely unnecessary. I already told everyone that I took all the steem and bought this:

![Screen Shot 2017-03-30 at 3.59.01 PM.png](https://steemitimages.com/DQmWjSGVCifnT3wvsBgEBvmhupX7KRr8SGD4LWFrGt2eahT/Screen%20Shot%202017-03-30%20at%203.59.01%20PM.png)
πŸ‘  , , , , , , , , , , ,
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vote details (12)
@jacobtothe · 
I suppose your engineers insisted that a muffler wasn't needed in space since sound isn't an issue in a vacuum, but a few baffles in a resonance chamber under there would have served just as well too.
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@whatageek · 
ANNNNNNNNNND BREATHE :p. These things take time :). Go steemit!
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@blueorgy ·
$0.15
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vote details (33)
@varunsangwan · 
Haha
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@blueorgy · 
I wanted to do a gif of him chasing John down the hill on skis yelling I want my 2 dollars!! Lol but couldn't get it together fast enough
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@lukestokes · 
Brilliant! I had one of those combs. I thought they were so cool.
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@blueorgy · 
Haha yeah I believe I had one as well but I'm fuzzy on that , they defiantly were super cool in the 80's
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@traffical · 
Better Off Dead was a great flick!
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@guytremat · 
nice
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@jesooschrist · 
So, should we keep posting right??
πŸ‘  , , , ,
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vote details (5)
@businesswri · 
Yes :) Follow 4 Follow? :)
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@acidyo · 
Hello Instagram
πŸ‘  
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@ebargains · 
I followed you :)
πŸ‘  
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@lukestokes · 
<a href="https://steemit.com/steemit/@lukestokes/don-t-hold-back-your-best-content-while-rewards-are-low">Yes</a>.
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@mikkolyytinen · 
It was only about 80 cents but I was upset lol
πŸ‘  ,
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vote details (2)
@businesswri · 
80 cents can buy a loaf of bread from Jimmy John's  :v
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@son-of-satire · 
With all due respect; this is a bit late. 

The community should have been notified about this ***before*** the hardfork, and we should also have been informed that we would suffer a sizeable loss in our potential payouts. 

I do hope that you will make more of an effort to keep us up to date on events before they take place in future. Especially ones such as this, which carry a heavy impact. 

Let's not turn into facebook or YouTube here.
πŸ‘  , , , , , , , , , , ,
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vote details (12)
@macksby · 
It's a bit late.., and doesn't explain anything!
This is getting kinda old...
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@son-of-satire · 
I cannot pretend that my faith in the direction of this platform has not taken a bit of blow today. The seven day cycles already seemed like a terribly misguided idea to me, but I was willing to give it the benefit of the doubt because I could have been wrong, and even if it did go badly we would learn something in the process. 

However, the poor execution of this "upgrade" has really got me wondering what is going on up there. I'm having a great deal of difficulty understanding why we even attempted to convert directly from a 24 hour to a 7 day cycle. Would it not have made more sense to have an 8-10 week period leading up to the hardfork where the daily payout pool was lowered to 80%, with the remaining 20% being added to the new 7 day pot at the end of each day until that one was also at 80%. Then a simple switch over could have been done without any need for a "refill." 

Perhaps it is simply not possible and my limited developer knowledge prevents me from understanding why this was not feasible. But if it was possible to do it like that, or in any way similar to it, and none of the witnesses or dev team spoke up about doing it in this much less harmful manner, then I really do not know what they are doing anymore. 

I have always adhered to the belief that Steemit was built for the people, which is why I fell in love with it so quickly. But, it is beginning to feel quite the opposite. I shall try my best to remain optimistic, until one more thing happens like this again at least. Until then, I'm not quite ready to give up on this place completely. It has too much potential. 

As for the announcement tomorrow. I can think of nothing that would be good enough to make up for effectively stealing all of the community's money, so I think they picked a bad time to deliver one. It will be difficult for many to get excited about whatever it is when they are still wondering what happened to their $100 in potential payouts that they were expecting.
πŸ‘  , , , ,
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vote details (5)
@liberosist · 
Agreed. Still, it's an improvement from the Steemit of old. I hope we'll get there shortly.
πŸ‘  , ,
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vote details (3)
@sneak · (edited)
> we should also have been informed that we would suffer a sizeable loss in our potential payouts.

Payouts aren't paid out until they hit your account. Therefore, reductions in those amounts prior to payout aren't a loss.

The community can and should expect tweaks to rewards algorithms in the future. These are announced to the entire community, approved by witnesses, with full source code published and available for review by anyone, well before any changes take effect. These changes have been discussed extensively in the community for several weeks, and are required for the long-term scalability of the platform.
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@son-of-satire · 
> Payouts aren't paid out until they hit your account. Therefore, reductions in those amounts prior to payout aren't a loss.

I understand that, hence why I said a loss in *potential payouts.* The overwhelming majority of those potential payouts would have translated into *actual* payouts. 

This is irrelevant anyway. I said that I don't mind investing in the future of the platform. My problem is that we were not informed this would happen so that we might have had an opportunity to prepare for it accordingly. You can say that we discussed the changes extensively over the past week, and you would be correct. But, that's all the more reason that the ramifications of those changes should also have been brought up-- which they were not. The community's confusion yesterday is testament to that.

I really do not appreciate this comment you have sent me. Rather than a simple gesture of Steemit inc's willingness to be more forthcoming in future, you instead thought it best to float some technicality as a defense to an issue I already said I could deal with. 

Furthermore, you address the real issue of a lack of communication by stating we can all go and read the source code? Not all of us can understand that shit, and you know it. This looks shady as fuck that you expect the community to find out important shit through reading a source code rather than a simple post from the dev team. 

#### Great job at restoring my faith in you guys with that helpful comment.
πŸ‘  ,
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vote details (2)
@onlyvoluntary · 
lol we'll see
πŸ‘  
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vote details (1)
@gregm · 
Awesome... For the rewards to fully recover, is this a 7 day process or 30 day?
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@ocrdu · 
A moving average of what?
Is it a weighed average?
Why not stuff the array used for calculating the moving average with 30 guestimated values in stead of 0s at start up of this calculation method to avoid this effect that *all moving averages predictably have*?
πŸ‘  
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vote details (1)
@ebryans · 
Apologies ... but a bigger explanation is needed. Will votes made now steadily increase in value, meaning that people should just carry on as normal and over the next 6-7 days equilibrium will be restored?
Or, something different?
What happens to the rewards which have been wiped off posts made yesterday? Are they going to be restored at some stage?
Assuming the same daily rewards pool is still being generated, where is this being distributed to? Or is it to be reapportioned on a 30-day moving average, which I assume started about 30 days ago ... or something else?
It seems that we are hitting and hoping otherwise!
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@abit · (edited)
Check my [post](https://steemit.com/witness-category/@abit/abit-witness-upgraded-to-0-18-1) and the replies.
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@abit ·
Re: Important Notification
For those who have interest, I have an explanation in [this post](https://steemit.com/witness-category/@abit/abit-witness-upgraded-to-0-18-1).
πŸ‘  , , , , , , , , , , , , , , , , , , , , ,
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vote details (22)
@lukestokes ·
$0.13
What impresses me most is how your comment was made with decline payout. :) Thanks @abit. This community will thrive because of people like you working to improve it, even if your actions are unpopular at the time. Thanks for your leadership.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (25)
@surpassinggoogle · 
how do you decline payout for a comment?
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@abit ·
$0.06
Done with the command line client "cli_wallet".
```
sign_transaction { "operations": [ [ "comment", { "parent_author": "steemitblog", "parent_permlink": "important-notification", "author": "abit", "permlink": "re-steemitblog-important-notification", "title": "Re: Important Notification", "body": "THE BODY", "json_metadata": "{\"tags\":[\"steem\"],\"app\":\"steemit\/0.1\",\"format\":\"markdown\"}" } ], [ "comment_options", { "author": "abit", "permlink": "re-steemitblog-important-notification", "max_accepted_payout": "0.000 SBD", "percent_steem_dollars": 10000, "allow_votes": true, "allow_curation_rewards": true, "extensions": [] } ] ], "extensions": [], "signatures": [ ] } true
```
πŸ‘  
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vote details (1)
@rivalhw · 
wow,I see,resteemed !
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@makishart · 
What about the promoted content? Why are still that old posts projected there?
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max_accepted_payout1,000,000.000 SBD
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@intelliguy · 
...because it still says "steemit BETA", I'm ready for it. Do what has to be done.. we're in BETA phase. Now is the time to make changes like this...

After it is completed though, please consider my diamond-feed idea for special viral promotion by authors that readers can enjoy. posted it today!
πŸ‘  
properties (23)
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authorintelliguy
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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last_update2017-03-31 04:05:27
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author_reputation62,293,745,530,431
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percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@rebelskum · 
I appreciate the hard work and the readiness to respond to the community! Great work Steem wizards!
properties (22)
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authorrebelskum
permlinkre-steemitblog-important-notification-20170331t060311402z
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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@kevinwong ·
$0.09
I would suggest a notification at the top of the webpages on Steemit regarding this effect so the wider community (especially newer users) know what's actually happening.
πŸ‘  , , , , , , , ,
properties (23)
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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author_reputation508,940,095,151,809
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vote details (9)
@freebornangel · 
I still haven't seen a good justification for the sp sharing.
properties (22)
post_id2,309,554
authorfreebornangel
permlinkre-steemitblog-important-notification-20170331t223028263z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2017-03-31 22:30:27
last_update2017-03-31 22:30:27
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@nspart · 
What do you mean the ability to spit the money from a post?
πŸ‘  
properties (23)
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authornspart
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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vote details (1)
@freebornangel · 
No, that one is ok, I refer to the delegation of sp voting power, we have seen what happens when the whale influence is allowed to run wild, they suck all the rewards to the top and the 99% starve.

This is what that experiment has been about.

Apparently somebody with influence at the top pushed a work around through.

It's good crapitalism, but bad for brand loyalty, imo.
properties (22)
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2017-04-02 19:00:06
last_update2017-04-02 19:00:06
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@ocrdu · 
> unusually low for the *next couple of days*.

You may want to rephrase that, or redefine "couple".
πŸ‘  
properties (23)
post_id2,318,899
authorocrdu
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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vote details (1)
@thearcanebear · 
Thats Great   @fayehalliday  and I were wondering what the hell was going on!   Cant wait to see everything back on track.
properties (22)
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authorthearcanebear
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json_metadata"{"app": "steemit/0.1", "users": ["fayehalliday"], "tags": ["steem"]}"
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@kingscrown · 
30 days in crypto is like ages not temp ;)
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authorkingscrown
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json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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@lethn · 
Thank you for clearing things up there, it was nice to be able to earn bits of money from Steemit so here's to hoping things go back to normal.
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created2017-04-03 18:59:54
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@dracosalieri · 
Unfortunate. As I join, but I am very eager to become part of the community so I will be patient..
properties (22)
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@nspart · (edited)
How about Honesty. This is NOT temporary. It's been 18 days and the levels are no where near where they were. Not only did we get robbed of the money on the active posts at that time about $30 for me over $100 for some I have seen. But also levels show no sign of coming back to anything close to what they were even with Steem currently at $.25...

And I don't believe they will be coming back to those levels, unless the prices of Steem dramatically increases and you have a large active following using a lot of voting power.

The majority of people making decent payouts ($20-30+)  now generally have over 1000 Followers and their actual content really does not matter in many cases from what I have seen. I don't see this as an improvement, but more a slap in face to the users and quality content creators.
properties (22)
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@pavelkanks ·
$0.02
Es dificil ganar un steem .
πŸ‘  
properties (23)
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vote details (1)
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