You're welcome. I plan to repost this series monthly so that newbies can have access - but it's also interesting how my own understanding improves from month to month.
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Both your voting weight and your voting power influences how much your vote is worth.
When your voting power is still high, you are more likely to be able to give your penny vote to someone, but eventually, that runs out. I don't think it's strictly voting power because I've seen it where I have high voting power and still no penny votes to give or where it's lower, but I haven't voted for a few hours and I have a few pennies again. I have yet to see an explanation which fits my observations entirely. Best way to learn is to watch the post value as you vote - if the value goes up by a penny, then you're doing okay. If it doesn't, time to rest your finger for awhile!
Voting weight is more important.
As you power up SP, your vote becomes worth more money. I don't know what the magic number is though before it becomes worth more than a penny... I'll let you know when I find out!
I suspect (though haven't confirmed - simply observations thus far) that as you power up, your time for your voting power to refresh also shortens, giving you more overall voting power, even though you're still looking at penny votes for awhile. At some point, (well above penny vote level) you will be able to choose how much your vote is worth - which really is cool!
Thank you for the great information!
You're welcome. I plan to repost this series monthly so that newbies can have access - but it's also interesting how my own understanding improves from month to month.
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly � Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness
Are you sure about voting power effecting the amount of your vote? That is news to me.
Both your voting weight and your voting power influences how much your vote is worth.
When your voting power is still high, you are more likely to be able to give your penny vote to someone, but eventually, that runs out. I don't think it's strictly voting power because I've seen it where I have high voting power and still no penny votes to give or where it's lower, but I haven't voted for a few hours and I have a few pennies again. I have yet to see an explanation which fits my observations entirely. Best way to learn is to watch the post value as you vote - if the value goes up by a penny, then you're doing okay. If it doesn't, time to rest your finger for awhile!
Voting weight is more important.
As you power up SP, your vote becomes worth more money. I don't know what the magic number is though before it becomes worth more than a penny... I'll let you know when I find out!
I suspect (though haven't confirmed - simply observations thus far) that as you power up, your time for your voting power to refresh also shortens, giving you more overall voting power, even though you're still looking at penny votes for awhile. At some point, (well above penny vote level) you will be able to choose how much your vote is worth - which really is cool!
I hope this helps.