The Simplest Explanation of the Difference between SP and VESTS: Cracking the STEEM Code by conradsuperb

View this thread on: hive.blog | peakd.com | ecency.com

partiko · @conradsuperb · Sep 24 '19 (edited)

$6.34

The Simplest Explanation of the Difference between SP and VESTS: Cracking the STEEM Code

![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/conradsuperb-the-simplest-explanation-of-the-difference-between-sp-and-vests-cracking-the-steem-code-fsyzmcxs-1569284979796.jpg)

Many people don’t understand the very differences between SP and VESTS. Both are two very important components of the STEEM Blockchain, so it is best to have a clear understanding of their very differences. I will try to make this as short and sweet as possible.

All the STEEM POWER that you hold is essentially just VESTS, which to keep simple, are basically defining “tokens” on the STEEM blockchain. I say “defining” because SP is how you “define” your influence. Well, actually the VESTS, but you get what I’m trying to say.

The more you hold, the more you earn from the reward pool. The recent hardforks were pretty beneficial for reward distribution being more evenly dispersed throughout the community. So, to better define these differences, VESTS are “tokens” just like the other two forms of payment on the platform: STEEM and SBD.

SP is simply just a means of representing the value of your total “VESTS” in terms of an equivalent in STEEM. We just tend to think in terms of SP because it’s easier to comprehend and it’s much more easily quantifiable than thinking in terms of VESTS.

Trust me, it took me until just recently to figure all this out. I have been on the platform for almost two years now and I am still learning everyday. It takes time, but just make sure you are staying active, engaged and persistent with your approach, especially now as the price of STEEM is so low.

It’s only going to get harder and harder to earn STEEM as we see the price become less and less favorable with time. But, by then, this will hopefully be a _good_ thing for all of our wallets, especially if we are taking advantage _now_.

## I hope this helped to clear up any previous confusion you may have had regarding SP and VESTS.

# Until next time,

[@conradsuperb](https://steemit.com/@conradsuperb)

Posted using [Partiko iOS](https://partiko.app/referral/conradsuperb)

👍 smartsteem, therealwolf, tombstone, sbi2, qurator, amahovac93, newageinv, sbi-booster, trevonjb, numberofthingz, daltono, mydogzeus, ketcom, mindtrap, likwid, crypticat, truce, midlet, roncoejr, gascap9000, bitrocker2020, ano123, partiko, tattoodjay, linakay, coreyssteemit77, taskmaster4450, supremebape, cryptovues, conradsuperb, abrockman, iptrucs, kenanqhd, ronaldoavelino, suonghuynh, gharrington44, cryptoisa, theestateof.mind, onepercentbetter, sharkface, cryptoxicate, mikepm74, wrecktangle27, topcryptonews, world-travel-pro, gandhibaba, smartvote, glastar, jluvs2fly, roger.remix, michaeljn, lagtvgames, marfonso, lagtv, super-irie, denjiro, rishi556, maverickfoo, e-r-k-a-n, accelerator, steemer-sayu907, theexcelclub, jaforce, otage, and 207 others

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@followforupvotes · Sep 24 '19

Congratulations

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!</sup></center>

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@conradsuperb · Sep 24 '19

Big thanks !

Posted using [Partiko iOS](https://partiko.app/referral/conradsuperb)

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@newageinv · Sep 24 '19

I still don't know the difference really well but all I know is that I want some more!

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@conradsuperb · Sep 24 '19

Haha i know right, same here !! I’ve definitely been thinking hard about adding more with the current price point down around $0.16 ... it’s rather enticing, but I also want to pick up some other crypto’s I’ve been eyeballing as well...

Posted using [Partiko iOS](https://partiko.app/referral/conradsuperb)

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@partiko · Sep 24 '19

Thank you so much for being an awesome Partiko user! We have just given you a free upvote!

The more Partiko Points you have, the more likely you will get a free upvote from us! You can earn 30 Partiko Points for each post made using Partiko, and you can make 10 Points per comment.

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@tts · Sep 24 '19

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/conradsuperb__the-simplest-explanation-of-the-difference-between-sp-and-vests-cracking-the-steem-code-fsyzmcxs.mp3)
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properties (22)