You are viewing a single comment's thread from:

RE: Witness Update - DragosRoua

in #witness-category7 years ago

kept my account registration fee at 0.1 STEEM, synchronizing with the majority of witnesses (I use a script called steem witness toolbox, available for free on Github, for publishing the feed price and adjusting a few blockchain props).
Could you elaborate on that what is the registration fee and what are the benifits?

Sort:  

When a user joins Steemit there is a registration fee which goes into the user account. As a new user, you wallet is already loaded. That fee is paid by Steemit INC and it's established by witnesses (it's part of the consensus).