Resource Credits are non-transferable credits given to each account based on how much HivePower it has, which get “spent” whenever a user transacts with the Hive blockchain.
They are a form of currency you spend to enact or perform transactions on the platform.
They are votes, comments, transfers and power ups.
You pay or expend Resource Credits when you perform transactions or interact with the Steemit platform.
Each transaction has a specific cost in Resource Credits, and if you have enough resource credits to cover the cost, you can perform the transaction.
If you don’t have enough resource credits you get an error message telling you that you are unable to perform the transaction or interaction.
Variable cost: the cost of transactions varies depending on factors that effect blockchain perform and the available supply of resource credits.
No, these tokens are non-transferrable, they are attached to Hive Power.
But you can delegate part of your Hive Power and the resource credits go with the delegated Hive Power.
Comments 1,570,000,000
Votes 282,000,000
Transfers 259,000,000
Power-ups 259,000,000
I am active as @shortsegments on Twitter
Connect Twitter
Title: Hive Buzz: Resource Credits