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RE: What Is Steem, Steem Dollars and Steem Power In Simple Terms?
A good intro to Steem, SBD, and Steem Power. :D
Does Steem Power influence anything else like earnings? This is what I had initially misunderstood when I started out. I had thought Steem Power increased earnings. From your post it influences the bandwidth mainly which is what I understand after my friend, @kittysilhouette, cleared things up for me.
Maybe personal research is necessary to get a complete picture. However, information is scattered about and hard to process. This is one of the reasons my mom is not getting started with steemit even though she's into reading and writing.
Yes, good question! Steem Power influences earnings from curation. It also influences your vote worth and the ability to help or to earn through delegation.
I didn't go into all the details here, but I've written before in several posts, the main objective for new members is to power up everything they can to Steem Power, so that they can increase all of the above.
If the information can be found in different places it's a good thing, because you can see more opinions or different ways they are presented. Yes, sometimes simpler explanations are needed!
I'm Soo glad @gadrian and @omnithumbs are covering this topic! Steemit is surely quite vast, I'm still in the kiddy pool most of the time. It's nice that we have this discussion going over the different steem assets.
I'm curious, is steem media tokens coming into play yet? Can any steem user get these tokens or they're like erc20 tokens and a risk of being a scam?
Smart media tokens (SMT) are not yet available. They are most interesting in the first phase for developers who choose to integrate them in their apps and create their own tokens. You, then, as a user of the respective app, will be using the special tokens they create on that app (instead of Steem and SBD). These tokens will probably be exchangeable for SBD or Steem.
One advice I would give you @kittysilhouette, if I may, based on what I've seen about your account, is to let your voting power replenish and then keep it above 80%. It matters greatly for your vote worth.
How can I monitor voting power and how long does it take to replenish? Doesn't every vote count?
You can monitor your voting power from here: https://steemd.com/@kittysilhouette
You can upvote 10-11 times at 100% to make sure your voting power will be back to full the next day.
Voting power replenishes 2% every 2.4 hours. In your case you either stop voting for a few days completely, or vote less than 10 times per day for a longer period of time until you go above 80%. I recommend the first one, because it's quicker.
Once your Steem Power increases a bit (enough to split the vote without having a zero worth I think), you can use @busy.org to upvote at less than 100%, and be able to cast more than 10 votes per day.
Ooo steemd is pretty nifty. Thank you @gadrian for sharing your knowledge ^0^ knowing this now certainly changes the game =D
There are plenty of other tools one can use. I put together a list when I was a newbie myself here: https://steemit.com/steemit/@gadrian/what-steemit-tools-i-use
I'm glad I could help! Whenever you have more questions, go ahead, and I'll do my best to answer.
I can also be found on steemit.chat (I think I'll receive an email if someone tries to contact me and I'm offline, I have the same username there). Or Telegram.