Repository
https://github.com/steemit/steem
This is an update to my #fundition campaign to produce and publish a course on the STEEM Economy. You can read the initial application and news here with this link: https://fundition.io/#!/@paulag/yl5013tub
This course is an entry level course for those using STEEM that need a better understanding of the Ecosystem and Economy.
So far I have shared with you the 6 videos and you an find links to these at the bottom of the post. Thank you to everyone for supporting this project.
Today I am delighted to share two further tutorials on the STEEM Ecosystem. Today you will learn about voting mana and resource credits.
I have a big shout out to do on these videos as the English closed captions were created by and have been published on both Youtube and Udemy. Thank you sooooo much
for your help on this. You are a massive star. I hope some of you reading this will hop over to
and show a little support.
Requirements
A desire to learn more about the STEEM ecosystem. A STEEM wallet would also be a benefit.
Difficulty
- Basic
- Intermediate
Description
What is Voting Mana?
Formally known as SP, voting mana is how much power you have to vote with. In this lesson you will learn what voting mana is and how you can increase it.
What is voting weight?
Voting mana and voting weight are two different things, in this lesson you will learn the difference between the two and how they interact. You will also learn how to find out what your vote is worth
What affects your voting mana?
If voting reduces your Mana, what do you think can increase it? Learn more in this video
How to calculate the value of a vote
learn about Rshares, dust votes and dust threshold before exploring things further and learning how the the value of a vote can be calculated
Additional Resources
Check your voting mana on steemd ( change the account name to your own account name)
https://steemd.com/@paulag
Keep an eye on voting mana on steemworld.org
https://steemworld.org/@paulag
Understanding the minimum payout threshold
https://steemit.com/utopian-io/@crokkon/got-upvotes-but-no-payout-an-overview-of-the-situation-around-the-minimum-payout-threshold-1536870593455
How to calculate the value of a vote (resource 1)
https://steemit.com/bisteemit/@paulag/how-to-calculate-the-worth-of-any-steemit-vote-steemit-business-intelligence
How to calculate the value of a vote (resource 2)
https://steemit.com/steem/@yabapmatt/how-to-calculate-the-value-of-a-vote
Description
In this second video tutorial you will learn
What are resource credits?
Resource credits are the credits you are given to transact on the blockchain. In this lesson we will discuss the idea behind resource credits and the resources used in the calculations.
Why are there fees?
Blockchain is not free, there are server costs and running costs. So, if there is a cost in running a blockchain there must be fees. In the lesson we will discuss the need for fees when running a blockchain like STEEM.
How Many resource credits do I have and what can I do with them?
Resource credits are directly related to the SP you hold. These credits are used to pay the transaction free when you interact on STEEM. In this lesson we will discuss your resource credits and what you can do with them and where you can check your balances.
How much does it cost me per transaction in resource credits and how can I keep track of this?
Its important to keep an eye on your resource credits so you know how much you can do on the block. If you don’t keep an eye on it and run out of credits you will not be able to transact. In this lesson we will look at tools available in keeping track of what it costs and what you have.
How can I increase my resource credits?
It is possible to increase your resource credits, powering up is a critical element in this. in this lesson we will discuss how you can do this.
Additional Resources
Keep an eye on resource credits and pools
https://beempy.com/
RC Credits on Githib
https://github.com/steemit/steem/wiki/RC-Bandwidth-System
https://github.com/steemit/steem/wiki/RC-Bandwidth-Parameters
STEEM basics - official post
https://steemit.com/steem/@steemitblog/steem-basics-rc-system-for-beginners
Resource credits - a developers guide
https://steemit.com/steem/@steemitdev/developer-guide-resource-credit-system
Curriculum
So far I have published 6 videos from this course on the blockchain.
You will find the first two here in this post. The Introduction and the STEEM wallet overview
https://steemit.com/tutorials/@paulag/online-video-course-understanding-the-steem-blockchain-economy-update
In this post you will find the next two videos covering STEEM and STEEM Power
https://steemit.com/utopian-io/@paulag/what-is-steem-and-steem-power-video-tutorials-1540330487769
In this post you will find lesson on SBD and the Internal Exchange
https://steemit.com/utopian-io/@paulag/what-is-sbd-and-how-do-i-use-the-internal-exchange-1540544013756