RE: Choose one of two not so common Splinterlands cards or 1 HSBI raffle #111 [en/de]

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Maybe he means that the other HSBI Hive accounts (that isn't steembasicincome) aren't monitored for Hive Power delegations (which will award bonus HSBI units) except for those who have delegated huge amounts (more than 5,200 HP). 🤔 !LUV

Maybe if you want to delegate to a random HSBI bot, try to make it more than 5,200 HP. 😆😅 !WEED

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Don't delegate to random HSBI bots without discussing it with me first. The bot only checks delegation on the main account, and I look at the delegating accounts to confirm delegation is unchanged each week for the negotiated leases, not at the accounts they delegate to.

If you delegate to any HSBI account other than @steembasicincome, nobody will ever see it and you will get no direct benefit, unless you plan to delegate more than 5200 and discuss it with me first.

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It's not like I or @svanbo has more than 5,200 Hive Power to delegate right now to the other HSBI bots. 😅

Anyway, thanks for the information about why we need to delegate to the steembasicincome Hive account for bonus HSBI units (unless we have more than 5,200 Hive Power and prior arrangements have been made)! 🤓

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I don't know why I would delegate to other accounts than the main account for the same purpose? I'll delegate some more to @steembasicincome as soon as I upvote in 12 days... !wine

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It's because I saw other HSBI bots curating on behalf of the main HSBI curation account (steembasicincome), until the HSBI founder strongly advised not to do so without prior arrangements. 🤯😅 !PIZZA !wine

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ah I see !wine

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I assume that the main steembasicincome bot can already do the job of curating for Hive users with HSBI shares even without the HSBI curation alt accounts. 🤔🤓 !LUV

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The setup made more sense when it was believed that HIVE would eventually have a high market price. Everyone is used to there being a maximum deliverable upvote (100% upvote) but there is also a minimum (0.01% upvote). We had some concerns that as Hive SBI grew, the minimum upvote value would exceed the desired 0.021 threshold and create weird issues. That has never happened because of HIVE underperformance, but it could still happen as HP grows.

There are also edge considerations around blockchain behavior. It was not possible for an account to upvote more than one post per block (I'm unsure whether this technical limitation still exists), so having multiple voting accounts bypassed this restriction. In practice we self-throttle so that RPC nodes don't cut off our access, so we rarely deliver more than a single upvote per block anyway. Being fast is less important with straight-line curation for the first 24 hour of each post.

Finally, there are legacy reasons. When the program was first begun, we did not have our own voting bot and we were using third party software that had a limitation of 100 target accounts scheduled for each voter. We were required to scale up to 10 voting accounts as we reached nearly 1000 accounts on our vote list before we were able to get out our initial full automation release at about the 8-month mark. When we did release full automation, we chose to keep all 10 accounts and scale our HP across them for the reasons detailed above.

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Wow thanks for all this explanation and "history lesson". How long does SBI already exist? !BEER

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Initially launched on Steem as Steem Basic Income in 2017, then launched on Hive at the same time Hive was forked from Steem.

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(Edited)

It's great that you are able to maintain this for 7 years already.... I see a lot of other project dying here, and a lot of people abandoning... Thank you for the great work! !LUV !HUG !WEED

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Thanks for your very detailed explanations! 😀 I would come back to your long comment from time to time to understand the HSBI mechanisms more. 😅

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That's great, the more they get, the more we get too !wine

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I wonder what you mean with "the more they get". 🤔 Is it more bot Hive accounts, more HSBI units sold (or bonus issued from Hive Power delegations), or something else? 🤯😅 !PIZZA !LUV

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I've been referring to the income Steembasicincome is getting from delegations and curation. The more powerful steembasicincome is going to get, the more it can pay out on upvotes. it's a win-win.... !wine

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It's true that the more curation rewards the HSBI bots get from voting HSBI unit holders, the more value their votes would produce over time (assuming the price of HIVE doesn't go down greater than the curation rewards the HSBI bots get). 🤓😏 !PIZZA !LUV

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