Thanks a lot for the brief explanation about how curation works. Personally, I think curation should be ditched altogether, but that's a whole other story.
Do you know if SteemConnect is working properly? Last week, I couldn't use it to Update All my Keys. Today, SteemConnect failed when placing a Market Order. Then I tried directly with SteemWorld and it worked.
Do you know what can be causing this?
Really? I think the current 15-minute reverse-auction plus curation algo is the only interesting game-theoretic part of the whole system. I would even extend it to the whole 7 days so that each new vote resets the clock back 1 minute, just as an example.
Whether curation rewards themselves have achieved what they set out to, that's also another matter.
Yep. This system is kind of dumb, if you ask me. We post something and it's only active between the 11 and 15 minute mark? So, an article is only interesting for about 4 minutes in a 7 day window? What the f...?
Agree there. The Steem white paper says all upvoters are "curators", hence kinda confusing many of the genuine quality control work done by actual human curators.
I just find the mathematics interesting as very little else in this economy is both perfectly algorithmic yet unpredictable.