Post
Topic
Board Service Announcements (Altcoins)
Re: Steemit.com: Blogging is the new Mining
by
smooth
on 22/07/2016, 18:53:56 UTC
I'm new to this but still I cannot make both ends meet with this kind of technology.

For example; Picking one article up (https://steemit.com/piston/@xeroc/piston-web-first-open-source-steem-gui---searching-for-alpha-testers) may I know what are this "Pending Payout $ 21,362.86" mentioned below the article imply?

Also how is this technology supposed to liquidate its assets in future?

That is total reward that is scheduled to be paid (assuming votes aren't changed, the market value doesn't change, other posts don't pull more or less from the reward pool, etc.) to both the author of the post as well as voters on the post. Most of it goes to the author.

I don't understand the question about liquidating assets.