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RE: Why Steemit Isn't Growing -- IMO
sort of
lets say for sake of argument and these numbers are not accurate for the example
let's say i powered up 100 steem....for 100 sp,,,you had 100 vests for this, if you power down you will still have 100 steem but if you power up again and a year of inflation goes by at 15% and you power up 100 steem again this new 100 sp is now only valued at 85 vests but 100 sp is 100 steem no matter what. this makes sense to me and if i am wrong i am open to better explanations. i think the vests are what determine the voting power, so this is where it might makes some changes
Yeah. The idea is that a certain value of X is represented by 10 tokens. If an 11th token is created and the value of X remains the same, all tokens are now valued at X/11 instead of X/10.
interesting. never been good at that X stuff :) it's good you clarified that.