Steemit Social Media. Do you like to write, have you usually benefited from
Steemit is a new way of blogging, because you will get a sensation of how it feels to blog with the nuances of cryptocurrency. That said, because Steemit's social media uses crypto-based technology.
What is Steemit?
Steemit is a decentralized social media platform. In it, Steemit rewards users both for posting their writings, and for voting other people's posts that are considered interesting. Posts can also be blog posts, as well as 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 benefit in a cryptocurrency-based system.
Users can get two types of cryptocurrency. Namely Steem Power, and Steem Dollars. To get two crypto is also the same, just by posting, or giving a vote. In fact, third party is not needed in it.
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Steem coins are distributed through rewards given to posters, voters, holders of Steem Power, market participants between Steem and Steem Dollars, and miners at a predetermined rate. So it's quite similar to Bitcoin, there are rewards given to the miners.
If previously we were familiar with how to get a cryptocurrency by mining or utilizing price fluctuations, but in Steemit new users can get their rewards directly. Inside Steemit, there are three types of tokens. The three tokens are Steem Dollars, Steem Power and also Steem itself.
Steem function works almost the same as Bitcoin. Can be traded, or transferred to each other. Steem Power is a Steem version used by the owner to give voting. And that is quite interesting, is the presence of Steem Dollars.
This dollar value is given if the user has posted a content, or has given a vote for posts that are considered to be of high quality. Basically, Steem coins are backed up with USD Dollars. Even now, Steem has also been featured on the Bittrex exchange. Of course this certainly provides more benefits for users because it is more free to trade it.
Interested in using Steemit social media and making a profit with it? Users can easily join it. Only by completing the registration process at https://steemit.com, you can directly blog, or read the contents in it.