TYPE KINDS OF TERMS IN STEEMITS BUT THERE ARE THREE TERMS CALLED STEEM? WHAT IS STEEM
1.STEEM
In the steemit there is a STEEM Token, STEEM is a network-based token. This STEEM can be traded in some Cryptographic and market exchanges in the world. Its market value determines the value of the set of rewards paid by Steem to users. The value also supports the value of Steem Dollars.
2.STEEM POWER
STEEM Power or abbreviated SP is STEEM which has entered into smart contract and represents the amount of influence of the account compared to other networks. The more power of our STEEM Power, the higher the effect of voting on posts or comments.
STEEM Power also determines the account weight for witness approval. This means that if someone has the Power STEEM power, most likely will be a great person in steemit.
3.STEEM DOLARS
In Steemit itself Steem dollar is written in the form of SBD (abbreviation SBD) Steem Based Dollar is the assets obtained from the results of the post paid by the Author and Curator through Upvote and Comment, intended to be pegged against the US dollar.
EXPLANATION OF MY EXPLANATION ON TERMS ON STEEMIT
DO NOT FORGET IN VOTE AND COMMENTS TO MEET AGAIN
REGARDS STEEMIT IDONESIA
