Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread
by
tigermonkey
on 13/02/2018, 04:21:23 UTC
https://semux.info/explorer/account/0xa9d008b1531a93afe5c2e4dc97b68b60dc974194

This address voted 100 for every pool today.
This should make pool comparisons easier going forward
What are differences between votes and transfers? what are purposes of votes in Semux explorer?
Transferring coin is same as sending coin. It sends coin to other address. Votes is for voting delegates as semux is a Delegated Proof of Shares (DPOS). When you give votes to a delegate, you still own the coins (but you can not spend it until you unvote the delegate). If the delegate you voted gets enough votes, it will become a validator and can create new block to get reward. The delegate may share the reward with you.