The one thing is that the rich can get richer.
LArge accounts are now guaranteed to get 50% of the value of their voting power. Obviously, this favors the larger accounts. Are they receiving less than when they autovoted? Perhaps.
But for those who manually curated before, it was an increase in curation rewards.
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Manual receives less than autovoter's operator? How it can be ( on LEO)?
On hive - yes. On hive I still run autovoter, trying to optimize it, and win more against other bots. Because that is the rules of the game (on Hive.)
LEO is now a totally different world.
One BIG downside of manual voting - it requires enormous amount of time. Sometimes I start to doubt - how long I will be able to keep this race? 😃
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With the removal of the curation time-constraints I would hope manual curation should get easier.
I would expect to see more posts aggregating & recommending the previous day or week's best posts for upvoting, ideally by area of interest.
Perhaps even some work on front-ends, allowing users to see the current recommendations from people who set themselves up as quality-post-hunters.
It does require a great deal of time so there is that.
When we had the other curve, autovoters did rather well. It is possible that they were making more than they are doing now manually curating with the new curve since they were in at the 5 minute mark got a piece of every upvote that followed.
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The guarantee is the same for everyone though, but like you said, it obviously favors the larger accounts. But I still, at this point, see more benefits than consequences with manual curation.
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Without a doubt the change is for the better. It also means that one can upvote 2 minutes after the post was made or 6 days later, it doesn't matter.
True it is even for everyone but the idea behind the other curve was to give smaller accounts a chance to profit more by finding content that bigger accounts upvoted afterwards.
Of course, with autovoters, that changed a lot.
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I think it's true that large accounts will be better off with a flat 50% compared to what they were earning before in curation. Maybe an increase from 40% or 45% to 50%.
I'm OK with that though. As you point out, with Hive those extra rewards currently go to accounts that play the auto-voting game best (rather than manual curating accounts) which is a waste since it generates no value for the chain.
With flat curation it is possible to maintain the original idea of rewards for small content-hunting accounts. They could be paid through author rewards or from a cut of the curation rewards by the large community accounts they work for.
This would probably be more efficient / cheaper than the 5-10% cost I estimated above.
Without a doubt, regardless of the downside, the upside it much greater. It is something that Hive should look into. Hopefully, the next month or two will see Leofinance being the test case for this.
Another thing that Hive needs to do is get rid of the dusting. It is time for Hive to embrace the most micro of transactions. Let people get rewarded no matter how small. This, too, could influence commenting and rewarding comments.
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