Curation payout on Steemit now has a Minimum Vote Weight by teatree

steemit · @teatree · Aug 16 '16 (edited)

$0.16

Curation payout on Steemit now has a Minimum Vote Weight

The hardfork number 13 went through yesterday.

It restores payout to after 24 hours (from 12 hours).  They also changed award to add a minimum vote weight. See

https://github.com/steemit/steem/issues/254

Which says 

>Add Minimum Vote Weight
>This should prevent spam of meaningless votes.
>Changed min weight to 50M

and this one:

https://github.com/steemit/steem/issues/248

which says

>Block all votes below a min rshare threshold
>This should prevent spam of meaningless votes

1 million Vests is approximately 200 SteemPower, so 50 million Vests is about 10,000 Steem Power (correct me if I'm wrong).

I think this means you need total votes of at least 10,000 SteemPower to get a payout.

👍 linouxis9, aenor, alyssas, teatree, michaeldodridge, kimmar, merej99, candy49, steemswede, rucoin

`post_id`	628,234
`author`	teatree
`permlink`	curation-payout-on-steemit-now-has-a-minimum-vote-weight
`category`	steemit
`json_metadata`	"{"links": ["https://github.com/steemit/steem/issues/254"], "tags": ["steemit"]}"
`created`	2016-08-16 15:46:06
`last_update`	2016-08-16 15:47:24
`depth`	0
`children`	3
`net_rshares`	253,102,242,463
`last_payout`	2016-09-16 22:53:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.131 SBD
`curator_payout_value`	0.026 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	698
`author_reputation`	18,011,735,283,341
`root_title`	"Curation payout on Steemit now has a Minimum Vote Weight"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (10)

voter	rshares	pct
linouxis9	104,356,512,707	100%
teatree	23,910,308,468	100%
alyssas	53,451,993,385	100%
aenor	58,744,835,703	100%
steemswede	132,975,478	100%
kimmar	3,448,283,097	100%
michaeldodridge	7,511,397,391	100%
candy49	723,246,179	100%
merej99	746,713,580	100%
rucoin	75,976,475	100%

@rucoin · Aug 16 '16

We will very well look at it, what will be farther

properties (22)

`post_id`	628,282
`author`	rucoin
`permlink`	re-teatree-curation-payout-on-steemit-now-has-a-minimum-vote-weight-20160816t155128190z
`category`	steemit
`json_metadata`	"{"tags": ["steemit"]}"
`created`	2016-08-16 15:50:33
`last_update`	2016-08-16 15:50:33
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2016-09-16 22:53:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	50
`author_reputation`	51,155,094,217,765
`root_title`	"Curation payout on Steemit now has a Minimum Vote Weight"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@alyssas · Aug 16 '16

$0.07

I'm still confused about this having clicked your links. It is not clear to me whether each vote below 50 million vests is disallowed, or whether it is the total of the steempower that determines the payout.

Does this mean it is pointless for minnows to vote?

👍 aenor, alyssas

`post_id`	629,833
`author`	alyssas
`permlink`	re-teatree-curation-payout-on-steemit-now-has-a-minimum-vote-weight-20160816t174849209z
`category`	steemit
`json_metadata`	"{"tags": ["steemit"]}"
`created`	2016-08-16 17:48:51
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`last_payout`	2016-09-16 22:53:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.058 SBD
`curator_payout_value`	0.007 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
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`root_title`	"Curation payout on Steemit now has a Minimum Vote Weight"
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`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
alyssas	0 B		52,403,915,084	100%
aenor	0 B		57,593,509,296	100%

@blockcodes · Aug 16 '16

So encourage fewer curators?

👍 blockcodes, venuspcs

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`category`	steemit
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`created`	2016-08-16 18:24:09
`last_update`	2016-08-16 18:24:09
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`last_payout`	2016-09-16 22:53:57
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`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
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`author_reputation`	22,216,040,919
`root_title`	"Curation payout on Steemit now has a Minimum Vote Weight"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
venuspcs	0 B		1,715,308,682	0%
blockcodes	0 B		2,147,020,967	100%