Happy 28th hardfork everyone!

in #hf19 hours ago

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!

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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.

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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.

Oh wow so this has been a thing for years eh?

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).

Front-ends were supposed to offer

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

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.

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%)

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

The 29% reduced inflation will also play in how people perceive votes and curation rewards.

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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 :)

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!!!

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 :)

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!

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 ;)

Congrats to the successful hard fork everyone!

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??

We should put names to the hardforks!!!

Something like <HIVE HF 28th "Ice Fire Fox"> (based on your cute image, lol) 😀

Let me see if I understood, @acidyo

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 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?

roseanne barr GIF

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

This is a new begging, let's see how it goes. Thank you for the update.

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

Excellent. Thank you for sharing such important information.

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.

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Excellent, my friend. I think I understand. If we have our 100%, we can vote 50 times for 100% if we enter 100%.

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. 💃

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.

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 😉

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