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RE: Hate putting private keys into websites? Introducing Steem Keychain!

in #steem6 years ago (edited)

It's a waste of curation rewards. Let's say you exchange comments with someone and upvote each other's comments immediately. Before HF20, neither of you would get curation rewards for the comments because the author (your conversation partner) would get them. Now the curation rewards go back to the pool. Neither you nor your conversation partner get any curation rewards. Easily fixed with no hardfork by delaying the broadcasting of the upvote by 15 minutes, in which case the upvoter gets all the curation rewards.

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Seems strange to implement that, dunno why you want people to burn things for voting too early. Is this explained somewhere?

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Before HF20, many authors would upvote their own posts immediately in order to minimize the curators' cut. Now that curation rewards from early upvoting go back to the pool instead of the author, immediate self-upvoting has become a loss-making strategy.

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Hmm, I now vote at 12min because most of the votes start coming at 13min. Am I breaking something? 😭

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You're doing the right thing by frontrunning at 12 min if what you're frontrunning is big.

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