Differences Steemit With Facebook and BitCoin? (Unloading Out)steemCreated with Sketch.

in blog •  7 years ago 

Yops ... it's steemit time! Hoyaa !! If you have followed the article before about Steemit then we already know that Steemit is a new social media innovation. But what is it that distinguishes between Steemit with other social media such as: Facebook? and are there any similarities or differences between Steemit and BitCoin?

First of all, Steemit is a social media that runs on blockchain technology, as well as BitCoin and Ethereum. The three main roles of blockchain are transparency, decentralization and have the value of a cryptocurrency token unit. Facebook does not run on blockhain technology, so it is centralized, where it has an owner who owns his site and manages it as he works.

While this decentralized Steemit has no owner. So also with all private key access, post key, reward key and owner key, only known by the owner aja. So when we register in Steemit, the password to the account we just registered is our own and can not be reset by anyone in this world. For that if you forget your password, no sesiapun can get it back.

In addition, what is going on in the Steemit system is transparent, so any activity that occurs in the steemit platform can be monitored by users on the blockchain. Unlike Facebook where there are some aspects that can not be reached by users.

Maybe we'll start asking how the steemit platform can control its technological evolution. Actually the blockchain technology implemented by Steemit is the same as BitShares, where each user has a key that can determine what will happen to his system (proposals, worker and witnesses)

Speaking more deeply about how to reward the steemit system, it is important to know first that the Steemit site works as a web wallet: a wallet that rewards its users. When we post, vote, comment or trade he interacts openly on the Steemit blockchain. So steemit site is actually cumalah just a website interface.

0 BBC_dGjveAlOgrOY.png

If someone starts posting content on the steemit site and gets rewards, we might start asking how does a blockchain steemit who has no owner can determine who will get rewards? The answer is ... based on the upvote quality of the readers. If we post something quality on Facebook, maybe we will get positive comments and likes, but we do not get monetary rewards (money). While in Steemit, we get rewards for the content we postingkan in the value of units Steem Dollar and Steem Power.

Steemit is a very interesting system because both parties who post the content and who gives vote on the content will get rewards for their efforts. For that you should not write content content world-class to get rewards, tp just looking for new content content that you think potentially great and then voting on the content so he can also pledge rewards for you. The sooner we vote on the potentially large content, the sooner we get the rewards from the content. If there is a wrong sharing of 50-50 between content writers and people who mengvoting.

qq.png

Now another question arises that might make you think where did this money come from? How can Steemit provide rewards to authors, voters and miners who keep this network function stability? Well .. so the concept of working all this work is the same as it seems like BitCoin. As we all know ... BitCoin pays the miners through subsidies generated through the creation of new BitCoin which basically does not originate from anywhere, just like a company mengissues new shares to fund a project. Because BitCoin does the same thing as that, then Steemit also inspired by the concept to pay content content posted by someone and also to para2 supporters.

Because Steemit is a blockchain based on the concept of social media then there will be some features on Blockchain Steemit which distinguishes it from Bitcoin. One of the features is Steem Dollar. The purpose of steam dollars is because most of the users who register in Steemit come from backgrounds that do not recognize cryptocurrency. And of course, they want to be declared in dollars. They do not want to speculate in the ups and downs of the value of cryptocurrency asset, so for that dollar steem comes as unit value which has value equal to dollar.

12.png

Another thing that makes Steemit technology unique is that it has the ability to deal large and fast transactions (3 secs transactions per block). When one creates a social media platform, it requires a large capacity internal network and steemit has an enormous capacity that is even superior to Reddit. Something more important to do with Steemit technology is that all transactions that happen to blockchain steemit is free.

If BitCoin implements the proof of work's alogryma concept objectively, then Steemit applies the concept of a proof of work alogry which is subjective. In the concept of rewarding Bitcoin, miners have to pay for energy (electricity + hardware) to mine BitCoin .. while in Steemit, every article post and article interaction is generating rewards for its users. What happens indirectly in this case is that it will generate a networking effect that will attract the attention of netizens around the world. Imagine any quality topics posted at any time on the Steemit site will continue to pack the google search which then for the long term will increase the value of the Steemit platform itself.

123.png

Yops ... the end of the word ... there is no reason for netizens not to mention whoever you are not to join the Steemit Platform which does not require any capital. Ane said so because of any effort that you devote in the social media platform Steemit, I believe will produce results later.

So aja first. Greetings YesNo!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi

Thank you for #introducingyoursef.

I noticed that we both share similar passion towards cryptocurrencies and blockchain technology :)

Im myself quite new in steemit community but I realized that there are few things you could do to have a better start:
Mostly I invested a little bit in STEEM in order to purchase STEEM POWER and STEEM DOLLARS. Why? It's simply important. Without initial investment it will be very hard for you to build reach here and be noticed.

Also it's worth to have a look at those 2 usefull tools: http://steembottracker.com and http://steemvoter.com

If you will reply to this message (that would allow me to believe that we may develop mutual engagement and help each other) then I will upvote your post and follow you as well.

Cheers, Piotr

hi happy to meet with you, thank you for stopping by my blog, thank you for the advice of mgkin it is very useful for me

Thx for your reply :) I really appreciate.

Just like I promissed: I will follow you now and I hope to see more good content on your profile.

Also it's worth to have a look at those 2 usefull tools: https://steemstats.com and http://steemvoter.com
Im not sure if you ever knew those two. If not then check them out.

If you would ever have any questions or simply would like to keep in touch then please dont hestitate to write to me. My email: [email protected]
I will be more than happy to share/exchange my knowledge and experience (of course within my limited time)

And believe me, it's really hard to start without powering up your account on steemit. It's pretty much first thing you need to do if you're thinking about building reach here.

Cheers,

And do not upvote your own comments. It's waste of your valuable upvote.
Thats just a small advise :)

I almost forgot:

Let me give you small advise. Keep your upvoting power as close to 100% and upvote posts max 10 times a day (so your upvoting power would regenerate to 100% within entire day). Dont upvote your own comments. Upvoting comments in general isn't the best idea.
Upvote mostly posts and also dont upvote if post is older than 7 days (in that case your upvote is meaningless). Self-upvoting is considered "acceptable" by biggest part of community. Especially if you're just at the beginning of your journey here.

Remember: EVERY UPVOTE COUNTS

I also mentioned that to have a better start it's quite necessary to invest and buy some STEEM (and convert it to steem power).
Number of times I encountered question: "how much should I invest".
This it's really hard to tell. I bought 600usd worth of STEEM and I used 90% to power up my account (steem power) and 10% I used to keep steem dollars (having them may be usefull). Some people invested so much more. I invested amount that I could invest without feeling very stressed out. Which I also recommend.
I think 100-200$ should do for a start so you could actually monitor results of your activity here.

Look, if you would ever have any questions then just contact me via email: [email protected] or find me here @crypto.piotr
I believe that working together can benefit all of us :)

Yours, Piotr

I am very grateful for your suggestion and very useful for me, I just know the problem of voting post itself will cause the SP will decrease ,,,

once again I thank you for your advice I appreciate your suggestion ,,,

hi @agun

SP will not decrease. you steem power (SP) will stay the same

you will only be losing your voting power. you can monitor your current voting power here:

steemd.com/@agun

From my experience each vote will take 2.4% of your voting power so within a day you can upvote 10 times and it will take 24% of your voting power. Since we recharge 1% per hour then after a day you will have your VP back to 100%.

Hope it helped to understand the basic.

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/steemit/@ikmar/differences-steemit-with-facebook-and-bitcoin-unloading-out

welcome! Glad to see you here. Hope you dont get as addicted as I am to steemit! ;-)

that is, I do not understand


Welcome to Steemit @agun!

I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

Here are some links you might find useful.
Your stats on SteemNow
Your stats on SteemWorld
Your stats on SteemD
How to use Minnow Booster
How does Steemit actually work?

Introbot is hosted and managed with donations from @byColeman to help make your journey on Steemit be truly rewarding. Your feedback is always welcome so that we may improve this welcome message.
Oh yea, I have upvoted you and followed you. Many blessings from @introbot & @bycoleman

Welcome to Steemit.
This is a platform that rewards you for your actions and transactions, but the truth is, it sounds simple but it is deeper. I know a community that can help you settle in as soon as possible and show you around.
You have to grab the opportunities all around you. At Steemitschool we give you knowledge and educate you how we make $500 in your first month on steemit.
Be a part of our discord channel because in Steemitschool we only win together.
Join us on discord
https://discord.gg/rdgU5tt