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RE: EVENING UPDATE STEEM DAILY DATA !!!!!!!!!!!!!!!!!!! 8/15/2016

in #steemit • 8 years ago (edited)

The main reason for the increase in STEEM not powered up was a huge power down (687K STEEM) by the steemit account (see activity history below).

These are coins which Steemit (the company) has indicated are to be used to fund new accounts (currently 3 STEEM per account is being given away by Steemit) and sold to fund development.

 842   4089144    0000000000000000000000000000000000000000 fill_vesting_withdraw {"from_account":"steemit","to_account":"steemit","withdrawn":"2479910908.999260 VESTS","deposited":"686791.206 STEEM"}
8 years ago in #steemit by
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     8 years ago 

    @smooth thank you for this information

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       8 years ago 

      @me-tarzan thanks for pointing out this post by @smooth.
      And @smooth, thank you for your explanation.

      Steem on,
      Mike

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