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RE: Everything you want to know about Steem

in #steem7 years ago

Thank you so much for your reply! Unfortunately I don't quite understand the formula you provided :/

Is Oldvotes the number of votes before I voted, and NewVotes the number of votes after I voted?
and the numbers in your examples of InitialPayout and AfterSecondVote are in cents?
InitialPayout 1cent = (0+1cent)^2

I really appreciate the time and effort into your reply. I get the general idea, but I wish I could just understand the formula.