Delegation On The Steem Blockchain || Delegación en Steem Blockchain

in hive-108451 •  last year 

Hello Everyone!!

I hope you all are good and enjoying your lives. Today I'm here to be a part of this amazing contest Steemit Crypto Academy Contest / S10W6: Delegation On The Steem Blockchain. We all understand the meaning of delegation on the Steem blockchain and most of us have Delegated our steem power to support our favorite communities. So today's topic is interesting and will be very helpful for steemit users.

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Let's start today's topic.

Explain in your own words the delegation process on the Steem blockchain, how does it work? What are its main goals? And Is it a safe process?

On the Steem blockchain, the delegation process is a way for users to lend their Steem Power (SP) to other users. It works like giving someone temporary control over a portion of your SP.

The main goal of delegation is to allow users to support and empower others on the Steem platform. By delegating their SP, users can help others by granting them the ability to use their SP for activities such as voting, posting, and curating content.

The process of delegation involves transferring a specific amount of SP from one user to another. The user who receives the delegated SP (Delegatee) can then use it to perform various actions on the Steem platform. However, it's really important to note that while the delegated SP is being used by another user, the original owner still retains ownership of the SP and can undo delegation process at any time.

Delegation is considered as a safe process because the delegated SP remains under the ownership of the original owner. They can undo the delegation at any point, which means they can take back their SP from the user they delegated it to. This ensures that the process is secure.

Overall, delegation on the Steem blockchain is a mechanism that allows users to lend their SP to others, supporting them in their activities on the platform. It's a safe process because the delegator retains ownership and control over their SP, and they can reclaim it whenever they want.

How can you delegate a user or community

You can easily make delegation by opening steemworld.org. These are some simple steps by following these you can delegate your SP to others

  • Open stats from steemworld.org of your account and click the button delegation.
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  • When delegation open click on the button delegatee, when it opens a card play on screen, fill the username and the amount of sp you want to delegate. I put user name @sauleha and 1000sp to delegate her. Then press yes button.
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  • A new card with confirmation of delegation appear on screen. Press yes button and then it requires your authentication, give your active keys and press OK. You have made delegation.
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Have you ever delegated SP amount to a user or community before? If so, tell us, did you do so voluntarily or at the request of the party you delegated to it? And why did you withdraw your delegation?

Yes, I have Delegated my SP from start of my journey, my first delegation was to #steemfoods when my sp was around 300 and I delegate 250sp. I delegate 6000sp to #steeminfinityzone 2000 tosteemitpakistan and to #steemwoman, #steemkids, #steemittravel all above communities have Powerdown so I removed my Delegation.

Currently I delegated 5000sp to #Steemforpakistan and 2000 SP to #healthySteem and 1000sp to #steemtalent.

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screen shot from steemworld.org

At start when I joined there was rule in most of the communities, they only support the users who made delegation to community . So I delegate for getting support. But I delegate voluntarily to Steem For Infinity Zone. Now I delegate 8000sp to three communities voluntarily to support community. I delegated 15 k sp to Steem For Pakistan at start to support users of community. I Delegated to newbie too for 1-2months to support them.

Do you delegated SP without worrying about using it as long as you collect your daily or monthly fees?

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I have mentioned above that I've delegated my sp voluntarily so I have no worries of delegation rewards or fees. My Delegation is for the growth of the community.

I will support above communities by my Delegation until any of them misused their community power.

Are you with or against the SP delegation to the communities? Why? If accepted, on what criteria will your choice of society be based?
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I'm with delegation to the community, which is why I made delegation to the community. But I don't agree with the force from the community to their users that they will not support them until they make a delegation to the community. I'm running two communities. Steem Pakistan has booming support too, but I support all users in my community who make original, good content. I don't ask any user to make a delegation for booming support or to set up any kind of benefit for the community account.

Any community supporting all its verified users without making any difference between them should be supported by delegation from its users, and I will support it too.

Are you with or against the SP delegation to users without benefits in return? Why? If you agree, on what criteria will your choice of user be based?

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Delegation is a mutual relationship. When a user makes a voluntary delegation to a community, he must get support from the community. Many communities distribute some reward on behalf of their delegations; I agree with that. Some communities support their users due to their delegations. I'm fine with both.

So I agree with both conditions, but Delegator should support a community that supports its users equally.

Conclusion

Overall, delegation on the Steem blockchain is a mechanism that allows users to lend their SP to others, supporting them in their activities on the platform. It's a safe process because the delegator retains ownership and control over their SP, and they can reclaim it whenever they want. I always support others by delegation. I think I have given answers to all questions.

At the end I would like to invite @sualeha, @aaliarubab and @artist1111 for this contest. Thats all from my side. Thanks for giving time to my post.
Best regards
@suboohi

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Greetings dear mam @suboohi
I'm very happy to read your publication and you have shared a very well written post with us about delegation on Steem Blockchain. Delegation is a safe process and we remain the real owner of our delegated amount and can revoke it at any moment and get back in 4 days.
Success to you 🤗

Upvoted! Thank you for supporting witness @jswit.

Congratulations, your post has been upvoted by @scilwa, which is a curating account for @R2cornell's Discord Community. We can also be found on our hive community & peakd as well as on my Discord Server

Manually curated by @ abiga554
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Felicitaciones, su publication ha sido votado por @scilwa. También puedo ser encontrado en nuestra comunidad de colmena y Peakd así como en mi servidor de discordia

La delegación juega un papel importante en el fortalecimiento, crecimiento e interacción en el ecosistema, al permitir mejorar las recompensas a través del voto comunitario.

Saludos éxitos.

@tipu curate

TEAM 5 CURATORS

This post has been upvoted through steemcurator08. We support quality posts anywhere and with any tags. Curated by: @yonaikerurso

Thanks @yonaikerurso for your support

That's great to hear! Delegation is indeed a valuable feature on the Steem blockchain, allowing users to support others and contribute to the community's growth. It's wonderful that you actively engage in delegating your Steem Power to assist others. Thank you for your contributions and best wishes to you too!

Best of luck mam for the contest post. Your post is an excellent description of delegation. I understand the step of delegation process first time. You always support others by you delegation.
Thanks for your support mam you delegated 100sp for 2months. Thanks for your support.

Hi @suboohi

You explained delegation process very well. We can support other on Steem blockchain by delegation. I always support communities by Delegating my Steem Power.

I also have given delegation to many communities to support them. Best of luck for the contest. You put great effort to make this post.

In order to increase the benefits through community voting, delegation plays a critical role in the ecosystem's stability, growth, and engagement.
I have also participated in this contest like you, if you want you can visit my contest post and share your thoughts.

Thanks dear for giving time to my post. I'll surly review your post

Thank you very much mam