Powering up your liquid HIVE entails a lot in the Hive blockchain ecosystem. It is so broad that I am still learning it.
It has a wide-ranging effects across the decentralized platform, including social media style blogging, voting, curation, delegation, and even integrations with games or dApps like Splinterlands not just a simple stake.
It ties into governance (via witness voting), content monetization, and resource management.
When you power up you are building your voting power, influence and dominance gradually and that is how the rewards(authors and curators rewards build up).It is a long term venture.
Also,powering up (STAKING), increases your Resources Credit (RC)immediately as RC is proportional to your HP.
So Actions like posting, commenting, voting, or transfers consume RC, so more HP means more bandwidth for activity without hitting limits. If you are low on RC, powering up is a quick fix to restore usability.
For now this what I learned about powering up (STAKING) I know with time I would discover more,and sorry for my typo.
Yeah I use to power up everyday and on every first of each month I powered up to 50 hives am asking if they are doing something this one you powered 50 hive today
It does! just powered 50HP
Good for you :)
Please if I powerd up dat amount what is the gain on this hive fork
Powering up your liquid HIVE entails a lot in the Hive blockchain ecosystem. It is so broad that I am still learning it.
It has a wide-ranging effects across the decentralized platform, including social media style blogging, voting, curation, delegation, and even integrations with games or dApps like Splinterlands not just a simple stake.
It ties into governance (via witness voting), content monetization, and resource management.
When you power up you are building your voting power, influence and dominance gradually and that is how the rewards(authors and curators rewards build up).It is a long term venture.
Also,powering up (STAKING), increases your Resources Credit (RC)immediately as RC is proportional to your HP.
So Actions like posting, commenting, voting, or transfers consume RC, so more HP means more bandwidth for activity without hitting limits. If you are low on RC, powering up is a quick fix to restore usability.
For now this what I learned about powering up (STAKING) I know with time I would discover more,and sorry for my typo.
Yeah I use to power up everyday and on every first of each month I powered up to 50 hives am asking if they are doing something this one you powered 50 hive today
Nothing special , just building.
Okay dear that's good keep it up
Thank you 👍