You guys don't know or just don't want to answer? I am new here so not sure if my post are even visible?
It is has already been answer upthread and the other Steem threads.
It is a complex answer and I guess we are tired to repeat. The Steem structure is very complex to explain.
OK thanks for your answer. I thought my question was pretty straightforward.
Do you know where I can get the full documentation and which section of the whitepaper talk about vest?
When the white paper discusses Steem Power, it is talking about Vests. The white paper does not go into all of the technical details. You can read some of imnotback's explanations in this thread, or google and try to get a grasp of what is going on. To be honest, Einstein's Special Theory of Relativity is easier to figure out.
I have re-read the Steem Power section, the paper doesn't discuss anything about stock split or vest. I have read all steem thread that's how I know about stock split and vest but I can't find any technical details about these
Here's where it talks about the reverse split.
https://steem.io/SteemWhitePaper.pdf#page=39Thanks for the link. Paper says that when the split occurs all balances of steem are divided by 10 and all price multiplied by 10,that make sense but what happens to the Vest aka Steem Power balances?
They mean both STEEM and SP. I had explained the only reason they are doing that is they didn't want to add an extra two bytes for balances, and thus they must rescale them every 3 years.
Do I have to repeat this every two weeks, when someone new arrives and doesn't find the old discussion.