BitShares Forum

Main => Technical Support => Topic started by: pheawrai on February 09, 2018, 01:02:57 am

Title: How bitshares voting works.
Post by: pheawrai on February 09, 2018, 01:02:57 am

We are wondering how does the voting system works? We intend to setup a witness node, but even if we do have a witness node setup we dont know to vote it. Or even how voting works. Please help us with this. Thank you.

Title: Re: How bitshares voting works.
Post by: Chris4210 on February 18, 2018, 01:14:28 pm

Once your witness node is up and running you need to register your bitshares account as witness account. After that, you can go in your wallet into the voting section, witness and search for your witness account. Once you got enough votes from the BitShares community you will receive funding from the Blockchain. The payout is 1 BTS per produced block.

Title: Re: How bitshares voting works.
Post by: pheawrai on February 18, 2018, 11:59:16 pm

hi Chris421 how much will it cause to vote an account?

Title: Re: How bitshares voting works.
Post by: abit on February 20, 2018, 02:08:52 pm

Vote is an account update operation, the standard fee is 0.00092 BTS.

http://docs.bitshares.org/bitshares/user/voting.html
https://cryptofresh.com/fees