RE: 🤔 Would you agree on that it's very complicated for a new steemy to understand the steem reward system?

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🤔 Would you agree on that it's very complicated for a new steemy to understand the steem reward system?

in asksteem •  7 years ago 

I just read the Steem bluepaper (https://steem.io/steem-bluepaper.pdf). I would say I now understand 30% more than I did before I read it. 😕

I'm stuck on #SteemPower and how that factors into the value of #Steem. It seems that you have to recharge your Steem Power which is rather like increasing your reputation or charisma in a video game. I like it! It also seems that you use up power by upvoting content, which is good because it would make you more selective and a better curator of quality content. Not sure I have that right. I'm still learning.

I agree with you, though. #Steemit seems further along than other projects. Proof of Brain is a great concept. I'd much rather read and comment on posts (or write my own) to acquire #cryptocurrency than build mining rigs and put up with the noise and the heat, nothing against miners.

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  ·  7 years ago 

Thanks for this reply! I'm with the author - I was pretty confused too, but the reputation/charisma comparison helps it make a little more sense.