The curious case of null

in steemit •  last year

Have you ever wondered what happens when you promote some content (Either yours or others).

Screen Shot 2017-06-16 at 1.08.51 AM.png

I did when I promoted by first blog post https://steemit.com/steem/@gokulnk/is-approvals-steems-achilles-heel

You can find the answer From the FAQ page

"Steem Dollars spent to promote a post are paid to the account @null, which nobody owns or controls. Once a user transfers SBD to @null, the Steem blockchain removes them from the currency supply."

I am trying to see if we can get a handle on what is the total amount spent in promotions on steemit till now. I am unable to find as steemit doesn't have a blockexplorer like other currencies. It would be great to see what this number is as it is a cursor to the confidence people have in the platform.

Though he wont't know anything about it you can still follow null at https://steemit.com/@null

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Thanks for the link. So from the graph number of people promoting their posts is going up again(second cycle). Do you know if there is a way to find out the total amount transferred to this account till now?

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Before I was not interested, but if you can see the whole chain, then you can find a way to calculate anything ..!

No entiendo! me explican, yo también tengo una transferencia a esta cuenta. Porque?