LETS START CREATE CONTENT
WHEN YOU PUBLISHING IN SOCIAL NETWORKS, LIKE FACEBOOK, REDDIT, GOOGLE + AND TWITTER, WHEN YOU UPVOTE, HOW AND FAVORITE, DO NOT BE PAID. BUT THAT IS ABOUT TO CHANGE. STEEMIT IS A SOCIAL NETWORK CENTRATED IN THE BLOGS WHERE IT IS PAID FOR CREATING AND IMPROVING CONTENT. YOU CAN BUILD A FOLLOWING, FIND CUSTOMERS AND GROW YOUR WEALTH, ALL WHILE DOING WHAT YOU LIKE: CREATING VALUABLE CONTENT.
ONE NOTE:- STEEMIT IS NOT A SCHEDULE OF PONZI FLYER PER NIGHT. STEEMIT TRUST TO BUILD A COMMUNITY OF HIGH QUALITY PEOPLE AND FINANCE THE PRODUCTION OF HIGH QUALITY CONTENT.
STEEMIT DOES NOT REQUIRE ANY INITIAL INVESTMENT TO PARTICIPATE. IT IS FREE TO USE AND YOU ARE NOT SPENDING YOUR OWN MONEY WHEN YOU UPVOTE CONTENT YOU LIKE. STEEMIT IS THE FIRST MINIMUM VIABLE PRODUCT IN STEEM, A SOCIAL ECONOMY BASED ON BLOCK BLOCKS. STEEM'S DEVELOPERS HAVE STARTED AN ENTIRE ECONOMY COMPLETED WITH ITS OWN CRYSTALS-COINS. STEEM IS PEER-TO-PEER, DECENTRALIZED, NOT CENSORABLE AND THEREFORE IMPARABLE.
SO IT'S A GOOD IDEA TO START WITH STEEMIT - AND STEEM - NOW.
STEEMIT IS GOOD FOR REDDITORS, FACEBOOK USERS, BLOGGERS, VIDEOGRAFTS, TEACHERS, YOUTUBERS, ARTISTS, FILMMAKERS - ANYONE WHO IS CREATING CONTENT AND WOULD LIKE TO BE PAID FOR MORE. IF YOU ARE LOOKING FOR A SHORT TERM BENEFIT WITH LOW QUALITY CONTENT THAT YOU KNOCK TOGETHER WITH A LITTLE EFFORT, STEEMIT IS NOT FOR YOU. YOU WILL BE DOWNVOTED, IGNORED AND FRUSTRATED. YOUR REPUTATION WILL NOT GROW AND WILL PROBABLY BE REDUCED. YOU WILL NOT GAIN ANY SIGNIFICANT AMOUNT OF MONEY. YOU ARE GOING TO LOSE TIME. YOU CAN GET A SHORT-TERM REWARD WITH QUALITY CONTENT. THE STEEMIT COMMUNITY IS SUPPORTED, USEFUL AND CONSTRUCTIVE. DO YOU WANT TO WORK WITH SMART AND POSITIVE PEOPLE WHO ARE BUILDING SOMETHING SIGNIFICANT FOR THE FUTURE? YES? THEN STEEMIT IS FOR YOU. MANY PEOPLE HAVE ALREADY DONE THIS. BUT STEEMIT OFFERS GREATER REWARDS TO THOSE WHO HAVE A LONG-TERM PERSPECTIVE. ALSO THERE ARE OPPORTUNITIES FOR DEVELOPERS TO CREATE APPLICATIONS QUICKLY IN THE STEEM BLOCK CHAIN. AT THE END OF THIS POST, YOU WILL KNOW ENOUGH ON STEEMIT TO START TO MAKE MONEY IN CRYPTOCURRENCE, LIKE BITCOIN, WHICH CAN BECOME US DOLLARS, AND OTHER FIAT CURRENCY, AND SPEND INTO EAT, TRAVEL, TRAVEL AND MUCH MORE. THE STEEM SYSTEM HAS A LOT OF MOBILE PARTS, SO YOU READ READY TO GET AN ADVANTAGE. IT TAKEN TO ME SEVERAL WEEKS TO INVESTIGATE THIS, FAMILIARIZE WITH THE COMMUNITY AND PUT ALL IN THIS GUIDE OF EASY READING THAT YOU CAN DOMINATE IN LESS THAN ONE HOUR. THERE IS ZERO SPAM AND AN INSTANT DISCRIMINATION LINK IS IN EACH EMAIL. THE STEEM SYSTEM IS EVOLVING TO FURTHER MEET THE NEEDS OF ITS USERS AND THE OBJECTIVES OF ITS DEVELOPERS. YOU CAN RECEIVE AUTHOR (FRIENDLY) ELECTRONIC MAIL UPDATES (GEORGE DONNELLY) BY MAILING YOUR MAIN EMAIL ADDRESS HERE.
WHAT CAN STEEMIT DO FOR ME
IT IS LIKE REDDIT OR MEDIUM, BUT YOU CAN GET EQUITY AND CASH, AND MAINTAIN DEBT (THEREFORE YOU GET INTEREST), THROUGH ITS INTERACTIONS WITH THE SYSTEM. IT STEEMIT ALLOWS YOU TO GET CRYPTO-CONDUCTIVITY CREATING CONTENT, CURING IT, MINING, NEGOTIATING AND EVEN SUSTAINING ONLY TWO OF THREE THREE COINS. STEEMIT HAS THE POTENTIAL TO MANAGE MANY TIMES OF REDDIT TRAFFICKING, A POPULAR SITE FOR DISCERNMENTED DISCUSSION THAT, IN THE LAST YEARS, IT HAS SEEN A SIGNIFICANT CENSORSHIP. STEEM ALSO IS A SOLUTION TO THE MICROPAYMENT PROBLEM BECAUSE THERE IS NO TRANSACTION RATES IN THE STEEM NETWORK. IT IS RESISTANT TO STATE AND CORPORATE CENSORSHIP BECAUSE IT IS BUILT ON DISTRIBUTED ACCOUNTING TECHNOLOGY (DLT, OR BLOCKCHAIN). LIKE BITCOIN, IT WILL BE VERY DIFFICULT TO CLOSE OR INTERRUPT DURING ANY SIGNIFICANT AMOUNT OF TIME. THE MORE INVESTED, WHETHER INVESTING YOUR PROFITS OR BY BRINGING EXTERNAL INVESTMENT, THE MORE POWERFUL YOU WILL BE YOUR UPVOTE, AND THE MORE YOU CAN GET TO CREATE AND CREATE CONTENT. HOWEVER, NO INVESTMENT IS REQUIRED TO BE ABLE TO USE, OR EVEN TRIUMPH, WITH STEEMIT. WHEN MORE QUALITY CONTENT PUBLISH, EITHER AS BLOG ENTRIES OR COMMENTS ON BLOG PUBLICATIONS, MORE FOLLOWERS GET, YOU WILL GET YOUR REPUTATION PUNCTUATION AND MORE REWARDS WILL WIN. YOU COULD MAKE HUNDREDS OF DOLLARS FROM YOUR INTRODUCTION POSITION ONLY. And I CAN HELP YOU DO IT.
WHAT IS STEEMIT
STEEMIT IS COMMERCIALIZED AS A BLOCK BASED NETWORK OF SOCIAL NETWORKS AND IS BUILT ON STEEM, A COMPLETE AND DECENTRALIZED SOCIAL CRYPTTOONOMY. STEEM IS PEER-TO-PEER. NO CENTRAL CONTROL. DEVELOPERS, HOWEVER, MAINTAIN A HUGE INFLUENCE ON THE STEEM COURSE. STEEMIT IS BUILT ON THE STEEM BLOCK CHAIN-THIS IS SIMILAR TO THE BITCOIN BLOCK CHAIN, BUT IT IS SEPARATE FROM IT. ANOTHER NAME FOR BLOCKCHAINS IS DISTRIBUTED ACCOUNTING (DLT) TECHNOLOGY. THIS MEANS THAT IT IS A DISTRIBUTED DATABASE - A LOT OF PEOPLE HAVE COPIES OF IT THAT SPEAK BETWEEN YOU IN ORDER TO KEEP UP THE DAY. RECORDS ARE ADDED TO THE BLOCK CHAIN
IN SEQUENTIAL ORDER. THESE RECORDS OR BLOCKS, WHILE ADDED TO THE DATABASE, OR CHAIN, CAN NOT CHANGE. ARE IMMUTABLE - READ ONLY. STEEM IS LIKE BITCOIN, ETHEREUM AND OTHER CRIPTOCURRENCES, BUT IN REALITY IS MUCH MORE. THIS IS SINGLE. AND A LOT OF POSSIBILITIES OPEN SO THAT YOU CAN GET CRYPTOGRAPHY, ESPECIALLY THROUGH THE CREATION OF CONTENT AND HEALING. WHILE THE MINERS OF BITCOIN WIN BLOCK REWARDS BY RESOLVING PROBLEMS OF DIFFICULT MATHEMATICS - CALLED OBJECTIVE PROOF OF WORK - STEEM REWARDS USERS FOR SUBJECTIVE WORK TESTS: THE CREATION AND CURVATION (UPVOTING AND MARKING) OF CONTENT.
STEEM POWER AND STEAM DOLLARS (CURRENCIES).
BEFORE EARN YOU NEED TO KNOW STEEM’S THREE CRYPTOCURRENCIES WORK: STEEM, STEEM POWER AND STEAM DOLLARS.
STEEM
STEEM IS THE FUNDAMENTAL CURRENCY OF THE SYSTEM. IS VOLATILE, SUBJECT TO INFLATIONAL LOSSES (ITS SUPPLY INCREASES 100% PER YEAR), BUT IT IS ALSO EASILY INTERCHANGEABLE BY BITCOIN AND OTHER CRIPTOCURRENCES IN BLOCKTRADES, BITTREX AND OPENLEDGER. IT IS A PROPERTY DETAIL, BUT IT IS ONLY VOTABLE WHEN IT IS RECEIVED AS THE SECOND CURRENCY - STEEM POWER - IN A PROCESS CALLED POWER UP (SEE LATER). ALSO CAN BECOME STEEM DOLLARS (SEE SECTION ON THE CONVERSION OF CURRENCIES) BELOW).
STEEM POWER
STEEM POWER (SP) IS STEEM THAT HAS BEEN INVESTED IN THE NETWORK AS EQUITY (A PROCESS CALLED ON). IT CAN BE CONVERTED AGAIN TO STEEM (A CALLED PROCESS) IN 104 EQUAL QUOTES DISBURSED ONCE A WEEK. ONE-STEEM (PURCHASED AS SP) IS ESSENTIALLY A VOTE. THE MOST CONTRIBUTING TO DECIDE WHAT CONTENT WILL BE HIGHER VALUE. THIS LIMITATION OF SPOOL REMOVAL FEES ENCOURAGES TO DEVELOP A LONG-TERM PERSPECTIVE FOR YOUR PARTICIPATION IN THE STEEM NETWORK. IT ALSO SERVES AS PROTECTION AGAINST THE HACKERS. THE NINTH PERCENT OF THE NEW STEEM CREATED (THROUGH THE INFLATION) ARE DISTRIBUTED CONSTANTLY PRO-RATE TO THE SPEAKERS OF SP. THIS IS A POWERFUL INCENTIVE TO CONVERT YOUR STEEM DOLLAR EFFECTS TO STEEM AND GIVE STEEM POWER TO YOU ~ IF YOU BELIEVE IN THE LONG TERM VIABILITY OF THE STEEM NETWORK. THE ANOTHER APPROXIMATELY 10% STEEM THAT IS CREATED THROUGH THE INFLATION IS DISTRIBUTED AS REWARDS AND, THEREFORE, CHANGES THE DISTRIBUTION OF PROPERTY OF THE NETWORK, ALTHOUGH VERY SLOWLY. THIS CREATES AN INCENTIVE TO USE YOUR UPVOTE IN A WAY THAT "MAXIMIZES THE LONG TERM VALUE" OF YOUR STEEM, ACCORDING TO THE STEEM WHITE PAPER (PDF). THE UPVOTES (AND THE FLAGS) OF USERS WITH A LOT OF SP VALUES MORE THAN THOSE OF USERS WITH RELATIVELY LITTLE SP, SO THIS IS NOT A DEMOCRATIC SYSTEM BUT MERITOCRATIC. OF FACT, THOSE WITH SP ZERO CAN NOT VOTE IN ABSOLUTE. SO, USERS WITH A LONG-TERM VISION ARE REWARDED MORE THAN THOSE WITH A SHORT TERM PERSPECTIVE.
THEREFORE, SP'S EXPLOITATIONS ARE NOT SUBJECT TO INFLATION, TO THE MOST PART, BECAUSE SP IS CONSTANTLY MAKING INTEREST IN THE FORM OF THAT 90% OF STEEM OF NEW CREATION.
STEEM DOLLARS
STEEM DOLLARS (ABBREVIATED AS SMD, SD OR SBD) ARE CONCEIVED OF THE SHORT-TERM DEBT INSTRUMENTS THAT ARE PEGGED 1: 1 WITH THE US DOLLAR. BY HOLDING SMD YOU ARE "EFFECTIVELY LENDING THE COMMUNITY THE VALUE OF A DOLLAR," WHICH ENHANCES GROWTH, ACCORDING TO THE WHITE PAPER. SO SMD PAYS 10% ANNUAL INTEREST WHEN THE VALUE OF 1 SMD IS UNDER $ 1 USD. CHECK THE CURRENT MARKET PRICE AT STEEMDOLLAR.COM.
HOW STEEM WORKS
STEEM IS A COMPLEX SYSTEM WITH A LOT OF MOVING PARTS. I'LL GIVE YOU AN OVERVIEW OF THE MOST IMPORTANT ONES FOR NEW USERS AND COVER MORE ADVANCED TOPICS IN A SECOND ARTICLE. STEEMIT IS JUST ONE INTERFACE FOR TRANSACTING WITH THE STEAM BLOCKCHAIN. THERE ARE OTHERS AND MIGHT EVEN BE BETTER ONES IN THE FUTURE. THERE WILL BE MORE APPLICATIONS BUILT ON THE STEAM BLOCKCHAIN IN THE FUTURE, TOO, INCLUDING A TWITTER-LIKE APP THAT'S CURRENTLY IN ALPHA. YOUR FIRST WINDOW INTO THE STEEM SYSTEM IS GOING TO BE STEEMIT.COM, THE WEBSITE REMINISCENT OF MEDIUM.COM BUT NAMED AFTER REDDIT.COM.
CREATE YOUR ACCOUNT
CLICK "HERE" TO REGISTER AN ACCOUNT. AT THIS TIME, YOU WILL NEED TO HAVE A FACEBOOK ACCOUNT OR A REDDIT ACCOUNT WITH POSITIVE KARMA. IF YOU DO NOT HAVE ANY OF THE TWO, YOU CAN REGISTER TO RECEIVE A NOTIFICATION WHEN THE SMS VERIFICATION IS ENABLED.
THEN YOU WILL BE REDROLLED TO THE REGISTRY SCREEN. CHOOSE AN ACCOUNT NAME (USER NAME) WITH WHICH YOU WILL BE RELIABLE UNDEFINEDLY BECAUSE YOU CAN NOT CHANGE IT.
CREATE A STRONG PASSWORD OF 16 CHARACTERS OR MORE OR ACCEPT THE SUGGESTED BY THE SYSTEM. NO MATTER WHAT YOU DO, KEEP THAT PASSWORD IN A SAFE AND SAFE PLACE. KEEP IT IN A FILE ENCRYPED ON YOUR COMPUTER, THEN RESPOND IT. WRITE IT ON PAPER AND DROP IT IN A STRONG BOX. THE LASER RECORDED IT IN SOME NANOTUBES OF CARBON. I CAN NOT EMPHASIZE THIS ENOUGH. THIS PASSWORD GIVES ACCESS TO YOUR STEEM CRYPTOCURRENCY PORTFOLIO AND, IN THE FUTURE, THE ECOSYSTEM OF STEEM APPLICATIONS.
THERE IS NO PASSWORD RECOVERY SYSTEM.
PLEASE REMEMBER THERE IS NO PASSWORD RECOVERY SYSTEM....