Steemit is a decentralized social media platforms. In it, Steemit reward good users to post their writings, as well as to give voting postings of others that are considered attractive. Your post could be a blog post, or video content. This Steemit, built using Blockchain based technology. More precisely, using Blockchain Steem. This has become a new way in the world of social media, especially its ability to blog and make a profit in cryptocurrency-based system.
Users can receive two types of cryptocurrency. Namely Steem Power, and Steem Dollar. To get the two crypto also do the same, namely, only by post, or give voting. In fact, the third party is not required therein.
Steem coins are distributed through rewards given to posting, the giver of voting, shareholders Steem Power, market participants between Steem and Steem Dollars, as well as the miners at a predetermined rate. So pretty much like it does on Bitcoin, there is a reward given to the miner.
If before we quite know how to get cryptocurrency to mine or exploit fluctuations in prices, but in Steemit new users can get a reward. Steemit Inside, there are three types of token. The third token is Steem Dollars, Steem Power and also Steem itself.