Newbie Post 101 Donut Wisdom for 27 May 2020
Today I bought Hive? Not sure what the difference is between:
Hive Dollar
Hive Power
Hive Power Delegation (90 Days)
Didn't even realize I had a Hive blog! Now I have a CTP Talk Blog, a Hive Blog and a 3speak VLOG channel in my realm of cyber Real Estate.
The other item of note is how the rewards are set up? Still not sure how that works. I have been giving 100% split between two options?
Have a blessed day!
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Here you are touching at the very important ingreedients of this whole journey and it might be a bit complicated at first but you will get it ;-)
I've created an online course about Hive to understand the basics. Maybe you can take a look: https://www.ref-hunters.ch/team/member/course/introduction-to-hive/
Hive Dollar is a second currency on the hive blockchain that is pegged to the value of 1 USD. It will fluctuate but there are some mecanismes in the chain that try to keep the parity.
Hive Power Delegation: When you have Hive Power you can delegate it to another account. This means that the one who gets the delegation gets more voting power and also more ressource credits but the delegator can cancell the delegation at any time.
To start I would suggest that you power up some of your liquid Hive. In your account you only have 3.5 Hive Power and you need about 20 Hive Power to have an opperational account.
When posting you can choose 50/50 -> 50% Hive Power and 50% liquid Hive or HBD or you can choose 100% Hive Power.
Hope this Helps ;-)
Thank you Achim! I downloaded your crypto course and filled in the rotator to help others earn crypto currency.
https://www.ref-hunters.ch/earncryptonow/output.php?id=39
Thanks that's great. Hope you will get some referrals ;-)
I took your suggestion and boosted my hive power. Thanks for the feedback!
Well done, that's the best way to go. If you manage to get around 200 HP you will start to earn curation rewards each time you give an upvote.