Is Hive curation is broke?
I recently read the post that is basically the announcement of the reward.app. Basically this post highlight how the current curation structure (5 minute for maximum benefit,actually it is much more complex with all the curves.) cause the late curators not to curate the deserving post because they know this will hit their curation return because all the benefits will go to the early voters.
Source Now who are the early voters?
Early voters are curator who are curating(upvoting) the content as early as 3-5 minutes in Hive.(and in tribe case it goes to seconds).
Why they are upvoting so early or is it possible that read the content within 3-5 minutes of Author publications?
Answer is mostly no , it is just scheduled by using their own custom source bot or it can be done by publicly available Hive.vote.
Why they are upvoting so early ,even without reading?
That's really a big question but answer lies in complex curation curve of hive that favours early voter very heavily. It is not of rewarding the author but more like business ROI that is very popularly known as curation APR.
Who are impacted by current system?
I think new authors,deserving authors and manual curators. New author did not get rewards they deserve because curators has used their voting power in auto upvotes. Deserving authors also suffer because curator is now reluctant to vote late at post and most impacted is manual curator ,look like system is imposing penalty on manual curation.
What I suggest?
I suggest there should be only linear model in Hive curation for first 24 hours so that everybody should actually read the content and reward the author accordingly instead of everybody participating in mad race of curation APR.
I will still like to tag the top 20 witness because I really think this broke system is not at all beneficial to hive and let see if anyone see any merit in current existing system.
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Your current Rank (45) in the battle Arena of Holybread has granted you an Upvote of 35%
The more competitive it is, the more curation rewards returned to the reward pool.
hmm, but I think 5 minute is very short window for manual curation.
30 mins was too long. When Steem started, very long thesis type of posts were expected.
Most posts now can be read in five minutes. The thing is, we want to avoid someone coming to read a post and then having to wait to vote.
But real thing is most of the 5 minutes votes are autovotes, nothing is getting read IMO.
Linear window till a specific time will encourage manual curation.
After bid bots, this is the new way of earning. The early voters are called snipers in the platform.
I also wonder why not have it linear. I wouldn't agree with a 24 hours window as well. The time of the curator vote shouldn't matter. Whenever curators cast their votes, the reward should always be 50% for the curators and 50% for the authors calculated from each vote. If my vote value is 1$, even if I vote in the first 5 minutes or after 2 days, my curation reward should always be 0.5$ and the author gets 0.5$. I really don't know why this model is not being used and what disadvantages it brings.
This will trigger another problem, voting at last hour of the 6th day. so we need linear window till specific time.
Yes after writing that comment, I realised that it is also not a great idea. Ya we need a better reward distribution system. Ya let's see. Hope there will be some innovative way to make it better.
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I really don't understand why we need a curve at all. Why not just have it 50/50 whenever you wan't to vote.
Only practical benefit I understand about curve that it will discourage voting at 6th day 23rd hour 59th minute.
But having a curve from very start in a window of 5 minute just defeat the purpose "content curation" and "content discovery".