Looks like it went through as smooth as a hot knife through butter! Great job by the core devs with the work on this!
One quick thing I wanted to point out towards curation changes:
Your votes now always use the max possible strength when you vote something up with a 100% vote. I.e. it doesn't depend on your current mana any longer.
To give you an example, if you were at 50% voting mana in the past and attempted to cast a 100% vote, it would only direct half of the inflation it could compared to if you had let your voting mana generate up to or close to 100%. It would also before the hardfork only spend half the mana for that "100%" but in reality 50% vote, which meant that to get to 0% voting mana (or close to it), you would need to do so many votes back then as each one would spend less and less mana and direct less and less strength.
This has now changed where your 100% vote will always burn 2% voting mana and give max strength no matter your voting mana at the time. Meaning you can basically deplete your voting mana by casting 50x 100% votes in a row (if you start at 100%).
I tested it earlier, I was sitting at 65.81% mana and did a 100% vote, this cost me 2% mana bringing me down to 63.81% mana, but did a full strength vote (as if my mana was at 100%). Whereas before the hardfork, it would've only spent 1.3162% mana and only cast a 65.81% strength vote when having the vote slider at 100%.
I know this may all be a bit confusing and hard to articulate properly, but I think this might be a good change. It means smaller accounts will always have a full vote when voting 100% which may help them get past the dust threshold but they gotta keep in mind that their voting mana will drop faster now due to this change for consistently casting 100% votes! So keep an eye on that!
If you still can't reach the dust threshold when voting on comments not many others many add their vote to, remember to use @commentrewarder on your posts!
I won't get into the other changes here in this post, it's getting a bit late and I need some sleep, but thought I'd mention that part as it's a big part of what I do here! Thanks for reading!
The vote change is a sort of revolution for who has been used for years in the old way... Good or bad? Time will tell, I haven't figured out yet the answer
Interesting times ahead of us with the rewards cut aswell
Yeah, it is going to be interesting to see if it affects behaviour.
I don't understand?
https://peakd.com/hive-121566/@vikisecrets/hive-hardfork-28-hf28-will-reduce-all-rewards-by-about-25percent-fixing-a-major-flaw-of-the-inflation-calculation-but-not-enti
I am assuming that the downvote works the same way.
I must downvote a lot of people :)
At least it is clear!
Hehe. Seems like it's and advantage for both cases means upvote and downvote..
Haha, sounds like a lot of work incoming! Lol
We can always test :D let's see...
Yep, works the same way.
Ah damn I had no idea there was a change to voting but someone may have alluded to it.
I like the change... although I liked how it was before as well.
It will certainly be easier to avoid hitting 100% now.
Front-ends were supposed to offer a choice to emulate previous behavior. Yet while the change to voting was implemented not even three weeks after I've proposed it - two years ago - I don't know any tool prepared for that. Well, personally I'm not negatively affected, so... :o)
Oh wow so this has been a thing for years eh?
Honestly I don't think frontends should be offering a smooth transition here.
Just throw everyone into the deep end it will be fine.
Worst that can happen now is you get to 0% and realize oops I have no power left.
It was implemented that long ago, but since it required activation of a hardfork, only the devs got to see the effects. Hardfork 27 was the longest living hardfork by far - over 32M blocks (next one was HF25 with less than 13.5M blocks).
It was just a comment, no frontend commited to do that :D
I assume it was mentioned on Mattermost channels too :o)
But considering even denser did not implement it, I'm not surprised no one else did either.
The change was supposed to make it easier for curators, so maybe there was no point implementing previous behavior :D
So would that mean most votes are not averaged out? Before if you sat near 100% voting mana you'd have a rather heavy vote and would reduce from there. So now it's pretty much playing the even game?
I wonder now if I'm using up my max possible curation rewards if I only vote 10 a day to bring it down 20% (this is what I did in the past and just voted each day down 20%)
Before you needed more than 10 votes to get from 100 to 80%, now it's exactly 10 basically.
As long as you don't sit idle at 100% vp it shouldn't affect your curation rewards compared to before. Not counting late voters/downvotes/inflation changes of course.
Good deal thanks Acidyo!
I have a feeling it's going to take me a bit to get a hang of the changes and how it is going to impact my daily activities with my account.
The vote change is an interesting one.
Hardfork 28, Put a fork in it, it's done.
It'll be great if once we can see hard fork changes on infographic. But it should be done by one duty account so people can know where they can find official info. For some people it's easier for understanding looking on picture.
Anyway your explanation of changes at this hardfork are clear and I hope people won't need additional clarification
Good point, maybe we could crowdfund such a thing somehow. cc @hivecreators
Let's make this happen! We have a budget for it.
If it'll be possible I'd like to try to participate in it on next HF even for free...
Congrats to the successful hard fork everyone!
Let me see if I understood, @acidyo
I usually stayed over 80% voting Mana voting at 50%, 70% but stayed away from voting 100% cuz I didn't want to deplete my voting power. With the current changes, I can vote more and distribute more?
So basically, after Hardfork 28, my mana still goes down when I vote, but my vote value does not go down anymore? And this system is only for 100% vote. What about 10-90%, it remains the same like before?
Btw, it is indeed a great initiative especially for a small account like me.
Gracious 😇
A short while in this as compared to people with years of experience but the example you gave with dropping from 65% to 63.81% while still getting a full strength vote actually cleared it up for me. I barely paid attention to mana but have to watch it now, I’ll burn through it way faster
I think now i can understand that although at 72% voting mana , my vote value is the same as it's in 100%.... I love it... I know my vote value isn't so high but at least now I get something from my vote too 🥺
Happy hive hardfork 💫
!PIZZA
Oh that is really good for the smaller users! I am sure that people are going to be more active now
Thanks for the explanation, it was a bit confusing
If I understand right I don't have to worry so much about running down my voting mana, but then it is still finite. I don't have to wait for it to get back to 100% to give my maximum vote. It never tends to get that high anyway. It may be a bigger benefit to smaller accounts if less rewards are lost to dust. People shouldn't have to worry so much about voting a lot.
I noticed the voting changes too and I'm happy for the change. I noticed I had issues posting , but I've fixed it.
Today is a remarkable day for me because I experienced a new change on Hive (hard fork) coupled with unlocking the dolphin level. 💃
This is good to know!
Is the dust threshold still a thing?
Oh, and does this 100% vote scale, so if it is 50% vote is will always use 1% of mana?
I believe that is correct :)
Thanks mate. Just wanted to confirm :)
Yeah! as far as I understood it :D
That shouldn't have changed indeed.
Simplifying the experience for newcomers is always good: not a huge change, but definetely a good one!
Nice update and important too.
Thanks for sharing!
I can finally burn my vote mana and not care too much about sitting at 80% :D
burn that mana baby! :P yay for hive!!
Wait wait wait.
It means I can vote with full power as long as I have voting mana right? If that's the case, the curation reward will be increased. Am I right??
it shouldn't affect curation rewards.
I mean, as I will give a vote with max power each time, it automatically increases of curation reward if I am calculating right. Suppose I have 50% of moting mana. But I can vote like having 100% of my voting mana. Isn't it automatically an increase in caration reward?
Correct me if I am wrong.
I think there's some valid points in your thinking. But at the same time a 100% vote will always take away 2% voting power instead of taking 1% if your voting power was at 50%.
So you vote will have more value, but if you vote from 80% to 50% voting power, your curation rewards will be the same
We should put names to the hardforks!!!
Something like <HIVE HF 28th "Ice Fire Fox"> (based on your cute image, lol) 😀
yeah I feel like there were talks of naming at one point but maybe it got forgotten. Maybe @blocktrades or @gtg remembers if we called it anything.
We called one "Eclipse" back in the days, for idk, some reason ;-)
Maybe this one should've been 28i/atlas
I think the voting change will definitely be helpful in the context of upvoting comments, where you'd typically be voting at a fraction of full power, but still want to make sure you get above the dust threshold. Particularly, if you've set a "default vote strength" in your settings.
At least if I am understanding it correctly...
=^..^=
Great clarification on the new voting system as I simply couldn't figure it by my own. For small accounts I think would still need to use less mana in order to be able to engage more.
Alright, I think I kinda get it… but also not really 😂
So now a 100% vote is always full power no matter how much mana you’ve got? Wild. I always thought it was super confusing before, so this actually makes things way easier for my brain.
And yeah, I guess this should be good for smaller accounts too?? Like, at least their votes won’t feel useless anymore. Mana drops faster now though, so I guess we’re all gonna be burning through it quicker lol.
Anyway, fun times ahead. Let’s see how this whole thing plays out 😂
indeed! but they may find themselves at lower voting mana if they keep up to previous voting habits!
That's true. That way we focus on good quality content more than before.
Making every 100% vote hit with full strength is a big win for smaller accounts that want their support to actually matter, even if it means their mana drains a bit faster. It’s a smart trade-off that puts more power into the hands of active users 😉
I think I understand how it works. It's a bit complicated, but not difficult to grasp. I think this update is good, although we need to keep an eye on how many votes are cast each day. It will also help with user retention.
That's how I see it. Will it have the same functionality for negative votes? I want to know a little more about the updates; I haven't read anything. I took a break from everything. I need to catch up. :P
It's interesting and will take some getting used to. The only risk is running out of mana, but otherwise, we can give 100% of our healing or adjust it... interesting. Thanks for keeping us informed; I didn't know anything about it.
Great, thank you very much for helping us understand this, that is, that the percentage of mana burned per vote is a 2% increase after the hard fork. Before, less was spent because the percentage was 1.3%. It is very important to know this because now it is spent faster.
The good thing about all this is that voting power can always be 100%.
I think I understand this correctly. Thank you. 🤗✨
Now I have a doubt, and a question at the same time: to what percentage is it healthy to lower my mana?
Because there are times when I want to continue supporting good content, but I limit myself for fear of lowering it too much.
Thank you for helping us understand better.
Blessings for your life 🙏
I don't think there's a "too low" mana anymore, as long as you don't get to the single digit numbers, you just gotta vote less posts if you find yourself low or if you have the stake, vote with smaller %ages.
Very well, thank you very much. This gives me more confidence to continue evaluating content, even though my vote carries very little weight. But I know that as long as I don't lower it to a single digit, there's no major problem.
Thank you very much, dear friend @acidyo, for giving me this relief. Now I can move forward without fear. 🤗🚀🤗🌷
I understand, friend. It was a bit complicated at first, but I'm getting it. It would be great if you could give us more details about the new things being implemented. Thanks.
There is no change to curation rewards though, right ?
There is change to inflation - HBD held by DHF does not count towards total supply that is used to calculate how much new HIVE to print each block. Effectively it means lower inflation, but it also means lower rewards (all rewards, not just for posts). I'm not sure how big the difference is though.
I believe that is 26% reduction :)
Needless to say we've had quite an increase creeping up lately so it's going to feel like a sharp reduction when in reality it is a much smaller fix.
For example witness block rewards went down to 1.381 from 1.864 per block with is around 26%
@acidyo, awesome work on the voting mechanics update,it would empower users without so much limitations unlike before.Kudos!!!
Smooth transition :) Are all of the rewards going down about 26%?
Lots of lube was used this time it seems.
LOL, I think it is still being applied to those on older Witness software ;)
Yeah
Wen Moon?
28.8.2028
This is a new begging, let's see how it goes. Thank you for the update.
Excellent. Thank you for sharing such important information.
Excellent, my friend. I think I understand. If we have our 100%, we can vote 50 times for 100% if we enter 100%.
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The 29% reduced inflation will also play in how people perceive votes and curation rewards.