Author Topic: How bitshares voting works.  (Read 426 times)

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Offline pheawrai

How bitshares voting works.
« 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.

Offline Chris4210

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Re: How bitshares voting works.
« Reply #1 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.
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Offline pheawrai

Re: How bitshares voting works.
« Reply #2 on: February 18, 2018, 11:59:16 pm »
hi Chris421 how much will it cause to vote an account?

Offline abit

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Re: How bitshares voting works.
« Reply #3 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
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