Post
Topic
Board Announcements (Altcoins)
Re: 🔹🅰RK🔹A Platform for Consumer Adoption with SmartBridge 🔹 ARK on BiTTREX 🔹
by
QualityAlts
on 28/03/2017, 10:46:21 UTC
OK, I read some of those links about being a delegate or voting but I still don't really understand what I'm doing.  I also read this link: https://blog.ark.io/lets-forge-some-ark-rewards-kick-in-at-block-75-600-abe2e7bf2b98

I can see there's no way for me to make it to top 51 delegates by the time forging begins.

What are the benefits of joining/voting a delegate?  It says the more ARK I have, the more I can use for voting power/percentage or something?  If I vote using 30,000 ARK coins, does that mean I'm giving away 30,000 ARK coins to the delegate guy?  And in exchange I'll receive a very small percentage back every month?

I don't really understand any of this or why I would want to do this...Can someone shed some more light please?


P.S.  I cannot sign up to Slack to get more info because it says I must be invited:
"Don't have an account on this team yet?
Contact the team administrator for an invitation"