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RE: Steem vs SP vs SMD?
Further to this question, my post from last week is showing a value of $100.67 based on 14 likes. But my wallet says, "STEEM POWER 11.416 STEEM". What is the relationship between these numbers/values?
The more Steam Power a person has, the more value their vote adds. There are few people with a lot of Steem Power so their vote carries a lot of weight. As more people use the service that and gain power that will even out. The amount of weight is also influenced by how much a person votes during a day. Their Steem power is distributed across all their votes for that day. They more the vote, the less influence each vote has that day.