Today i want to share about steem power and steen dollars in simple way.
What is the difference between steem power and steem dollars.
Steem power. (sp)
Steem power is a type of measurement meter by which one can know how much infulence a user has in steem networks the more steem powers a user has the more they can influence the value of post and comments.
If a user wishes to lower down its steem power they will equal distributions of steem in weekly over 13 week period.
Steem power can also be delegated or donated to other users to help them or grow them faster steem power is achieved by spending time and uploading quality post.
Steem dollars. (Sbd)
Steem dollars is stable value currency designed for trade and exchange steem dollars can be traded and exchanged with steem and can be tranferred to other accounts.
Steem dollars can also be converted into Steem through a proces which can take upto 3 days it is similar to bitocoin and used in can be used in steem based platforms in future to access various services on the platforms.
Hope you like the post thank you.
Congratulations @thelambastore! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!