What is Steemit?
Steemit is a social network that is similar to the major social networks you use today!
- And Youtube features coming with SteemQ
You can do things like post blogs, and share quick thoughts, collab with other professionals over projects, and even share photos!
The main difference however between Steemit, and all of these other sites is one major thing..
Steemit pays you!
Steemit is the only site out of any of these that pays you directly through the communities "upvotes".
Now depending on how much voting power or "Steem Power" someone has on the site the more their upvote is worth.
So let's say someone who has 1000 Steem Power has a vote worth $1 (when it's voted at 100%) they are allowed 10 of those upvotes per day, and then their voting power starts going down..
As you can see mine here.
Now right now my vote at this rate is only worth about 15 cents when normally it is over 50 cents!
But there is a way to be able to vote more on the site and not burn through your voting power so fast, which is using the voting percentage (once over 500SP subject to change) like shown here.
Now once you have this feature unlocked you can determine how much a post is worth to you or even comments, and it makes your voting power last a lot longer too.
You can check your voting power on sites like:
https://steemstats.com/
https://busy.org/(your username)
Conclusion
Now that you know how Steemit works you will notice we have other things that are similar to other sites like tags (limit 5), and a separate chat (steemit.chat), and even profile pics and bios!
So if you want to know more just sign up, and if you have a question just ask.. The community is very helpful, and comments are rewarded as well!
Thanks for checking out my post, and if I missed anything or you have a question for me comment below.
Disclaimer: This is not investment advice, and is in no way a full detailed explanation of Steemit. This is basically a beginners guide for someone who may have no idea what Bitcoin is or even how the blockchain works. If you would like more information about Steemit you can read the White Paper on https://steem.io/ for a full break down.
Post - Vote - Earn :D