| json_metadata | "{"app":"musing/1.1","appTags":["steemit"],"appCategory":"steemit","appTitle":"What is the difference between vest and steem power?","appBody":"<p> </p>\n<p>In steem blockchain, steempower does not have any record. In stemmblockchain there are two things which are recorded. One is steem which is a liquid cryptocurrency or a native coin of steem blockchain where as vest is just like the shares. Steem Power is used to designate that vest only. The blockchain does not recognize steem power rather it recognizes vest.</p>\n<p>Vests are also like steem coin and represent the shares of steem blockchain but vests can not be transferable from one peer to other. Vests enhance the influence power to a stake holder. Means more vest you have, more influence you have on steem blockchain and you can delegate and utilize this influence in many ways like voting for a witness, delegating steem power to another user, upvoting and downvoting and thereby influencing the reward pool too.</p>\n<p>When you initiate a delegation of SP in the link you have to input the vests not the power and that proves that steem blockchain does not recognize steem power rather it is vests.</p>\n<p>These vests increase over a period of time and that is why your steem power also increases (although in very small amount).</p>\n<p>Thank you and Have a great day</p>","appDepth":2,"appParentPermlink":"p3v882usw","appParentAuthor":"mismi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
|---|
hiveblocks