RE: 19 Witnesses (Out Of 68 Active) Are Now Running Steemd 0.19.0 - Hardfork 19 Is Close

[freedomnation]

Increase Vote Impact
Each vote's impact has been increased by 4x

What does this mean? 4x steem power spent or something else?

Linear Rewards
With the introduction of a linear reward curve everyone will have a say directly proportional to their stake. #1051

I don't really coprehend linear rewards. Will this change current percentage of rewards splitted to the authors/curators?

Thanks for this post, very informative about Steemit! @dragosroua

Comments

[dragosroua]

Each vote's impact has been increased by 4x

It means that, if you vote at full power (the little slider that appear when you click "vote" controls the amount of power you give to each vote) then your voting power will be depleted after 10 votes. Right now it is depleted after 40 votes. Of course, when this is implemented, you can just adjust the slider to a lower value and preserve your voting power for more votes.

Will this change current percentage of rewards splitted to the authors/curators?

Yes, most likely and in a good way. Each vote will draw from the reward pool proportionally to its Steem Power amount. As of now, it draws n^2 which means:

• if you have 10 Steem Power, you draw 100 from the reward pool
• if you have 50 Steem Power, you draw 2500 from the reward pool

This was putting whales in a very privileged position.

[freedomnation]

As I can see now, this is actually a minnows-help(boost) addon. Am I correct? :)

[dragosroua]

Yes, it will help minnows see bigger and quicker rewards.

[freedomnation]

Thanks for your assistance! This is really helpful for minnows.

[dragosroua]

You're welcome!