And here I thought a redfish was higher than a minnow. I wonder what I am, and how do you classify it all?
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And here I thought a redfish was higher than a minnow. I wonder what I am, and how do you classify it all?
Fishyness is based on what steemit calls vest. (I have no clue yet what a vest is). A redfish is someone with less than 1,000,000 (one million) vest. A couple of days ago, that equaled for me 491 SP. (one million vest = {amount}SP changes over time). So the next step up is minnow at the 1,000,000 vest level. then a Dolphin is ten times bigger than a minnow so you need 10,000,000 vest to become a dolphin, and so it grows by tens, next is Orca 100,000,000 and then whale 10,000,000,000 I think if I am remembering right.
Most new users think they are minnows.
The following link is to a post a few years old but it explains the vests to steem principle and why your SP grows over time by itself.
https://steemit.com/interest/@sigmajin/understanding-the-steem-economic-system-vests-sbd-steem-dilution-interest-and-all-those-crazy-things
That's a great article and I almost missed it. Thanks for sharing it. I learned a great deal right there and it was useful as I was contemplating powering down and buying SBD when the exchange was right. I sure won't bother with that now.
I know I learned a great deal by reading that. Keeping Vests is the only way to longer term prevent against inflation on this block-chain.
Oh, well I'm totally a redfish then. I knew I was the smallest, no matter what my wife says.
Thanks for clearing that up for me.
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This has to stop. These are not posts, they're comments. I guess I'll have to get a hold of you.
Hi There! You have just been upvoted by @justinadams Witness. You will always recieve a free upvote on every post you make on steemit as long as you keep your witness vote. Thanks For Your Support.