The biggest benefit is that it increases your vote value, so when you upvote a post or comment you like both you and the person you're upvoting will earn more from it.
It makes it easier to get over the 2 cent dust threshold, as well - where a post or comment needs to earn more than 2 cents in total from all it's votes.
Also, it increases the value of any votes for witnesses and proposals you do, and your resource credits (the number of actions/transactions) you can do. Both vote value and resource credits regenerate after being used - about 20% comes back each day.
The biggest benefit is that it increases your vote value, so when you upvote a post or comment you like both you and the person you're upvoting will earn more from it.
It makes it easier to get over the 2 cent dust threshold, as well - where a post or comment needs to earn more than 2 cents in total from all it's votes.
Also, it increases the value of any votes for witnesses and proposals you do, and your resource credits (the number of actions/transactions) you can do. Both vote value and resource credits regenerate after being used - about 20% comes back each day.
Thanks for the detailed explanation. I know he's not going to understand all right away. It will sink in as time goes. 😊
Hahahahahahha
Kachy how would you say that
I will do my best
Alright 👍 I trust you.
Don't mind me 😁
Great explanation, friend.
!BBH
It increases your vote value and helps you get curation rewards when you upvote post.
Okay thanks
But I hope it won't affect my present money on the platform, like shorting the small dollar I have here
No, it won't, rather you'll earn more by doing so and your HP grows too.
!BBH
Ok t
Funny you. That's what I used to think before until I understood that it increases it instead.
Hahahahahahaha
From my understanding I think
Hp & points are just like gift for boosting hive and Hbd