We will be fixing the labels to make them more human friendly this week. I agree 'created' isn't descriptive.

Sure, read this white paper: Visit for more details on the blockchain.

Welcome! I hope you take the time to share more of your background. There is on conflict between Powering Up and holding on to your Steem. If you plan to hold for medium to long term (1+ years) then powering

Slock.it is an interesting venture that is for certain. Is it worth $100 million dollars?

There is a better way to post links, simply make the link the first line of your post.

With respect to voting power: If you vote less than 20 times per day you are not utilizing your maximum power. If you vote for 100 items per day then your average voting power will be about 1% of your

I am sure it will have that problem, but then again what do people have to lose by trying it out? It isn't like they are rewarded for their contributions on any other platform.

I think you misfiled this post, it should be under "conspiracy theory".

It means that the payout is a stake-weighted 24 hours after each vote. The more votes there are the less each vote impacts the payout time.

Since you will earn more than 5k steem from this post, I think you should offer all rewards earned to the cause.

I concur. Payouts should be a bonus not a prime motive.

TimeOfVote and weight are arrays where the index, x, is the vote. SumOf means iterate over all values of x from 0 to the number of votes.

Works for me.

The equation is: PayoutTime = SumOf((TimeOfVote[x]+24h) * weight[x]) / SumOf(weight[x])

Clearly the votes should not be reset for updating metadata associated with a post.

The real question is how will it be taxed? Can you keep your books denominated in a crypto or must you convert to fiat for profit and loss calculations?

Your posts are always entertaining!

On Reddit you get karma which you cannot trade for real stuff. On steemit you can make money. More importantly your votes actually give you the power to award money. Lastly, steem is an open platform which