Seven days being silent in #steemit, didn't leave the community, just taking time to read more information about how this platform really works for me and for all members.
Monitored the post of members, studied how everything works from the #blockchain technology to mining #crypto coins such as #steem token. The difference between these three Steemit Currency, the STEEM, Steem Power (SP) & Steem Dollars (SBD).
Steemit is complicated how much more blockchain technology is, I know many of us users of this platform don't understand what blockchain really is and how does steemit sustains their members by rewarding the users?
Have you ever ask the same question?
Before the blockchain technology, no mining of crypto currencies there are sort of social media platforms going viral online with almost the same concept as Steemit, I joined several forum sites before, social media such as Bitlanders and many more where most of them get their income to sustain the rewards of the users who contirbute contributes to the platform from advertisers.
But Steemit is so much confusing for newbies in crypto world and I am one of those who was confused. Where did they get those money to reward the contributors?
The answer is the "Mining".
A blockchain-based software network creates Steem dollars, to be used as currency, from loans on the value of Steem digital assets. Steem digital assets represent the ownership of this software network and have value because they're useful and they are scarce. Understanding how it works -->>>
https://steemit.com/steem/@steemrollin/steem-where-does-the-money-come-from spare a little bit of your time to read & understand how Steemit sustains all of us. This platform gave millions of dollars, peso to the users without knowing where the money came from.
Frustation & Observation
Frustrated for the past weeks due to super low earnings per post, no upvote means no income, no rewards. How could this happened?
Based on observation not all quality content posted got high earning in return and not all low quality posts earns little amount some of them gain high earnings than High Quality posts. How could this happened?
I was silenced for couple of days because of this observation and it makes me feel frustrated to be honest and maybe some of you relates about this matter. Right?
I need an answer to this complication situation, first observation is that Quality Post matters if other member with high value endorse it by resteeming your posts and noticed by whales or dolphins and they upvote the blog. Second, even if you submitted super high quality blog but there's no endorsement the less chance your blog will gain more earnings. It hurts but that's life its hard to get the attention of those high valued members. Some of us get curated due to endorsement from other member.
One more thing is that High Valued member are friends with the same level, they are upvoting each others blog post, the reason why they get hundreds of earnings per posts. Hmmm! Looks like unfair for us right? That seems unfair but its totally not because they are investors, investing their hard earn money buying Steem Power the reason they have super high value per upvote.
For most of us, newbies or long time members who are not earning high per post never lost hope instead study more thru reading news and information about Steemit its available on Google to understand everything about the platform as well as blockchain. That is what I'm working right now, it is very frustrating doing stuffs on this platform without knowing the basic and without understanding how this platform really works. Frustration is there especially seeing other member earn thousands per post while yours is cents you will feel like quitting if you encounter that part. Just the way I am, but reading and research will clear your mind, answer the questions & confusion.
Frustration is real but let's keep going, keep learning, keep posting quality contents, grow our Steem Power to gain respect and attract more whales and other high valued users.
Frustration will lead us to hard work! Not all negative feeling bring us down, don't let it bring us down instead think of it as a challenge to make us better.
Frustration leads me to understand more about blockchain, steem, steemit and crypto currency.