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RE: Change to our trail votes!

in #steemit7 years ago

When steemcondenser votes before another member, it reduces the curation rewards of the other member exponentially, while contributing nothing to steemcondenser's rewards which it does not claim anyway, and if it did, it would have made no difference to anyone, except adding another unersable record to the blockchain.

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I’m not sure why you are bothered by this so much? You aren’t signed up as a Frontrunner. To be clear, the vote order has the smallest influence on curation. The more important factors are the time at which you vote and the voting power of those that come after you. The main idea is to have the Frontrunners to vote before the bot does. This method is much higher than doing trail voting (voting after a larger account). Being a Frontrunner is the #1 method to maximizing curation, hands down.

I want to increase your frontrunners' profits because they get very little, and you should care more than I do.
With Minnowbooster's vote renting, frontrunning for curation became obsolete as a form to earn passive income here, so to be fair with them, they should get more, because even if their curation rewards would be maximized, they will still not get close to what minnowbooster offers them.
I already suggested sharing a part of each round's revenues with them, and the new minnowbooster vote renting method, had it been done in a honest manner, would have been even better in some cases, and I have more improvement suggestions, they would still get far less than renting their vote to minnowbooster.
I also try to improve my knowledge about curation rewards.
I read curation rewards exponentially decline during the first 5 votes regardless of the time, and keep decreasing in a slower rate after the first 5 votes, so the order matters more than you claim.
If you refer to the 30 minutes period during which author rewards linearly eat at curation rewards, it is true too.

I am also bothered by the order of votes on posts.
For example, today I bid earlier and at a larger sum than the other bidder, and he got voted first.
This is the common case with this bot, and I see plenty of the newer generation bots already implement vote by order of bid.
Some also implement a limit on maximal bid size with automatic refund, and it prevents the mess of refunding once an entire vote cycle had already been done.
At least one bot implements a limit on the total amount of bids as well.
I also suggest automatic reward claiming every 2.4 hours and when VP reaches 99.97%.

Actually the later you wait in the first 30 mins is better for the voters curation.

The bot vote order affect on rewards is negligible. I will check if this feature is being implemented anytime soon.

I try to claim rewards often. I could run a bot to auto claim but it’s effects are negligible as the Frontrunners reduce the bots curation by a lot. I will check the VPS load and maybe run an autoclaim. Currently there is not a maximum bid feature and I doubt it will be implemented as most other bot owners prefer the larger bids and don’t offer refunds. There are a few newer features that I’m looking to implement like accepting Steem for bids. I also inquired about making a vote profit sharing bot but there isn’t enough demand for one by other owners.

Actually the later you wait in the first 30 mins is better for the voters curation.

This is what I meant

The bot vote order affect on rewards is negligible. I will check if this feature is being implemented anytime soon.

It is being implemented in the following bots:
greengrowth (a scam which happens to be beneficial to use at times), pwrup, whalebuilder, thebot, therising (which is a scam which is almost never benefiial to use), and most newer generation bots you can find on yabapmatt's JS mining website with "open source code" whih is either not the one being implemented, or it changed without notification like he did with therising.
The most honest bot is honestbot, ran in cooperation with yabapmatt ironically, and it even has a limit on its total bids.
I think it stands at 0.6 or 0.55 per round, with a 0.5 limit on a single vote.
I calculated, and at least recently it does yield a guaranteed positive ROI.
thebot promises positive ROI too, and employs a mostly superior script to yours.
Your service is still one of the best overall, but in terms of software implementation is not among the most decent and neither among the most efficient for itself anymore.

Most newer generation bots claim their rewards at first opportunity, which is wrong and inefficient as well, but at least promises maximal SP at use.
Their vast majority are superior to your bots in terms of software implementation in most aspects, but most of them are scams.
Once in a while a scam yields a very good ROI, greengrowth is the best example for it, and even greengrowth automatically refunds bids above a certain amount.

Due to exponential decline in curation rewards during the first 5 votes, the ordering between the frontrunners matters a lot.
I do not suggest to fix their order, just to retire steemcondenser which does much more harm than good:
to other frontrunners, to the blockchain, and for viewers of steemd.com, and using such no power accounts elongates the duration of the frontrunning. And it does not affect reputations.
Suppose, the 15SP accounts are beneficial, arguably they are not, but steemcondenser is a complete menace. Not good even for its own growth.

Thanks for the feedback... I think it was mainly positive..? Whatever the case, my goal is to provide an honest service to my users, always.

If you automatically refunded, I would have paid for upvoting another comment now.
As it is, I skip using steemdiffuser on some comments, partially because it votes every 2.4 hours, which is how it should be, but I can not use it every time, because I need to sleep and at times there are additional reasons.

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This comment has received a 38.46 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

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You got a 33.33% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.

If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.

This comment has received a 33.33 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP

You got a 50.00% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.

If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.

You got a 50.00% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.

If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.

This comment has received a 38.46 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP