Yops ... it's steemit time! Hoyaa !! If you have followed the article before about Steemit then we already know that Steemit is a new social media innovation. But what is it that distinguishes between Steemit with other social media such as: Facebook? and are there any similarities or differences between Steemit and BitCoin?
First of all, Steemit is a social media that runs on blockchain technology, as well as BitCoin and Ethereum. The three main roles of blockchain are transparency, decentralization and have the value of a cryptocurrency token unit. Facebook does not run on blockhain technology, so it is centralized, where it has an owner who owns his site and manages it as he works.
While this decentralized Steemit has no owner. So also with all private key access, post key, reward key and owner key, only known by the owner aja. So when we register in Steemit, the password to the account we just registered is our own and can not be reset by anyone in this world. For that if you forget your password, no sesiapun can get it back
In addition, what is going on in the Steemit system is transparent, so any activity that occurs in the steemit platform can be monitored by users on the blockchain. Unlike Facebook where there are some aspects that can not be reached by users.
Maybe we'll start asking how the steemit platform can control its technological evolution. Actually the blockchain technology implemented by Steemit is the same as BitShares, where each user has a key that can determine what will happen to his system (proposals, worker and witnesses)
Speaking more deeply about how to reward the steemit system, it is important to know first that the Steemit site works as a web wallet: a wallet that rewards its users. When we post, vote, comment or trade he interacts openly on the Steemit blockchain. So steemit site is actually cumalah just a website interface.
