You are viewing a single comment's thread from:
RE: For auction: 10K delegated SteemPower for one week!
i don't understand what people are bidding for, i read the post twice over but it think im too fresh, do you mind explaining to me? i ask because of your comment and rep level
i'm pretty new too, but i think i got most of the basics down. so i should be able to answer this.
to understand this post, you will first need to understand "steem power", which is basically the amount of power you have behind your upvotes (and flags). the higher your steem power, the more powerful your vote is in terms of rewarding the people you vote for.
there are many ways to obtain steem power, and one of them is by "delegation", which is what @neoxian is offering here. it's basically "loaning" of steem power from your own account to others for any period. also note that delegated steem power is deducted from your own steem power.
to anyone reading this, i don't think i got it wrong, but if i did, please feel free to correct me!
Good job on this nice answer, my padawan.
shortly - you pay to have more influence over platform, ie to give more money to people (or yourself) with a vote. nnnhhh explained it pretty good
If nnhhh explained it pretty well, then maybe you should have given him the vote...rather than yourself.
hit him to 78 dollars ;)
Thanks, I'm sure that made his day.
my god, it sure did. thanks guys. i honestly just wanted to help out a fellow newbie and wasn't expecting much out of it. $100 is a lot for a comment! i almost feel like i don't deserve that much
Thanks for your vote!
omg, senpai noticed me