Please let me know

in steemit •  8 years ago 

Who is Null ? Some transfer SBD account to this account

with much balance there

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All Steem Dollars used to advertise in the promoted content section is going to the @null account. In a future hard fork all these Steem Dollars will be removed.

Can you elaborate on what that means? What is a "hard fork," and will those Steem Dollars effectively be removed from circulation (as in disinflation, or am I not understanding)?

Also, why is Null being funded with Steem Dollars rather than Steem?

the same question..!

Hardfork is when they write new instructions into the blockchain program.
I believe they will be removed from circulation but i am not sure.
i presume null is being funded with SBD instead of steem because SBD can be transfered directly and that all the rewards are SBD.

What do they do with the @null money . I think they just destroy it or maybe use it for something els?

its too bad

null is the account where all the "promote" money goes. As far as I know.

that's why some account transfered to null. the question is, how much promote i will get for 1 SBD? :D
thankyou for your attention

when you want to promote a post, first look at the category in which you want to post and look the promoted section. i.e. photography, promoted. look at the boost payments listed on the posts, if a post has a boost of $1.00 then if you promote your post to $1.01 your post will be above the $1.00 1

I see. I have plan to promote my post when i have balance enough. Thanks for sharing