This fee, paid in STEEM, is converted into VESTING SHARES for the new account. Accounts without vesting shares cannot earn usage rations and therefore are powerless. This minimum fee requires all accounts to have some kind of commitment to the network that includes the ability to vote and make transactions.
This witnesses vote for the maximum_block_size which is used by the network to tune rate limiting and capacity.
The SBD interest percentage rate decided by witnesses, expressed 0 to 10000.
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Chain roperties that are decided by the witnesses.