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RE: Explain Cardano to me

in #cardano6 years ago
Authored by @knircky

@knircky has set 20.000 STEEM bounty on this post! logo_for-light-bg_1000.png
What is a bounty exactly?

A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.

You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.

How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.

@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.

Read more about how it works, even in different languages here.

Sort:  

Congratulations to the following winner(s) of the bounty!

  • @sajjadk has earned 0.026 STEEM. 0.000 STEEM from the creator of the bounty and 0.026 STEEM from the community!
  • @jeezzle has earned 0.004 STEEM. 0.000 STEEM from the creator of the bounty and 0.004 STEEM from the community!
  • @kabir88 has earned 5.112 STEEM. 3.137 STEEM from the creator of the bounty and 1.974 STEEM from the community!
  • @jmhb85 has earned 0.207 STEEM. 0.000 STEEM from the creator of the bounty and 0.207 STEEM from the community!
  • @crypticat has earned 2.235 STEEM. 0.523 STEEM from the creator of the bounty and 1.713 STEEM from the community!
  • @celinavisaez has earned 0.006 STEEM. 0.000 STEEM from the creator of the bounty and 0.006 STEEM from the community!
  • @fresteem has earned 0.054 STEEM. 0.000 STEEM from the creator of the bounty and 0.054 STEEM from the community!
  • @oclinton has earned 10.458 STEEM. 10.458 STEEM from the creator of the bounty and 0.000 STEEM from the community!
  • @frdem3dot0 has earned 1.375 STEEM. 1.359 STEEM from the creator of the bounty and 0.016 STEEM from the community!
  • @kabir88 has earned 0.523 STEEM. 0.523 STEEM from the creator of the bounty and 0.000 STEEM from the community!

Thank you very much, it's nice to have contributions recognised. I think this is the first time I have won something on steem!

I generally don't enter competitions as the reward normally doesn't match the effort. On this occasion, I feel it was definitely worth it

@kabir88