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RE: Introducing @randowhale - will you get the 50% vote? Give it a shot!

in #steemit • 8 years ago

not sure about that! i´m here since 6 days, bought some steem, powered up, and still got the (+72.53) at my steem power balance, but haven´t received it yet ... Actually I thought that you´d always get "interest"on your steem power .. hm there must be an answer somewhere :D

8 years ago in #steemit by
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     8 years ago  

    SP Delegation.
    After the recent hardfork Steemit now allows SP delegation.
    Before this there was only curation trails, even if there were inactive investors and accounts that wanted to share their Steem Power with other users so they could curate more effectively and earn curation rewards they couldn't do that without transferring the actualy Steem as Steempower to the curating account. On a decentralized network with many accounts its hard to know who you can trust and if your SP support will be abused/misused. So to remove the trust-issued while allowing curators to make more curation rewards and increase their influence they made SP delegation possible.

    What it is, is another account delegates (as in borrows) Steem Power to yours. You can not transfer or withdraw this SteemPower, but it will count as if its yours when you curate and when you receive curation rewards from it. Bear in mind that the users delegating you Steem Power can take it back at any time.

    17 days ago by acidyo