How does the esteem system work

in Ask the Hive6 years ago

Hey. I am new to the Hive/Steem system. I understand that eSteem is the currency of well eSteem. But how do I send my eSteems to my Steem/Hive wallet? How to I transfer this? Where is the difference between Steem & Hive? What is this power thing? Is this board/community active?
Do you have any sources or quick answers for me?
Thanks!

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eSteem is not a real token, you can only use it for promoting posts in the app. You can send it to other people though (by choosing the 'gift' option).

The main difference between Steem and Hive is that on Steem there is one account @steemitblog controlling a 70 million Steem stake. On Hive this account doesn't have this stake, instead an equal amount went to the Hive Fund (a decentralized system that allows to give those funds to developers).

Hive Power is staked Hive (it takes 13 weeks to unstake it) and it allows your vote to be worth more. It's kind of like your influence on the blockchain.

This community is active, as you can see^^. (The AskHive community).

For further questions you can join the Hive Discord Server. There are many people that can answer your questions, including more technical questions if you want.

Go to hive.io and then you will say a lot of wallets there.

you might want to join the Hive Beginners Tip Community where a lot of answers about beginner stuff is: https://peakd.com/c/hive-198524/created

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