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For some time I have been interested in the way steemit works. I have read the whitepaper and the FAQ. There were some significant changes in the area of the service and it was not clear what was up to date and what was not. There are also a few issues that I could not find anywhere relevant information. I have gathered in one place many issues and I would be grateful if someone with the right knowledge shared that knowledge with me.
1. How does SP affect the value of the vote? - accurate calculations showing how SP affects our upvote at 100% VP.
2. From where do the SD come for all posts? For a year, all these awards come from 10% of inflation when creating new tokens?
3. On what basis is the division into trending and hot? Why are some posts with a lower voting value below those with a higher value?
4. When the post is added, does the suggested amount of pay for the author appear immediately or is this value that will be divided between all the voters and author?
5. What was the starting amount of STEAM? Was there an ICO on which the first STEEM was distributed and the new users were getting theirs STEEM only after getting upvote from the original owners?
6. What is the principle of delivering 15% of new tokens to SP's? Is this a random factor where accounts with large amounts of SP are most likely to get a token or everyone gets the same amount proportionally to amount SP.
SP - STEEM Power
SD - STEEM Dollars
VP - Voting power
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