Hello steemit friends,
I haven't visited Steemit for a long time and I was active on this amazing platform, in 2018 now I want to be active again here after hearing some friends' conversations while hanging out at a coffee shop, they say now the way to post on Steemit is different from last year , for how to post now, you have to go through the community which is mostly available on the #Steemit Platform and I am interested in coming, and I have also heard about SBD and STEEM prices that continue to soar up, making me even more excited to join back here.
I'm back reading the Steemit FAQ, and my post is sourced from https://steemit.com/faq.html#How_does_Steemit_work
What is steemit.com?
Steemit has redefined social media by building a living, breathing, and growing social economy - a community where users are rewarded for sharing their voice. It's a new kind of attention economy.
How does Steemit work?
Steemit.com is one of the many websites (including DTube, and SteemPeak.com) that are powered by the Steem blockchain and STEEM cryptocurrency. All of these websites read and write content to the Steem blockchain, which stores the content in an immutable blockchain ledger, and rewards users for their contributions with digital tokens called STEEM.
Every day, the Steem blockchain mints new STEEM tokens and adds them to a community's "rewards pool". These tokens are then awarded to users for their contributions, based on the votes that their content receives. Users who hold more tokens in their account as "Steem Power" will get to decide where a larger portion of the rewards pool is distributed.
How does Steemit differ from other social media websites?
While most social media sites extract this value for the benefit of their shareholders, Steemit believes that the users of the platform should receive the benefits and rewards for their attention and the contributions they make to the platform.
What do I need to do in order to secure my account?
Unlike most social media websites, there is no way to recover your account if you lose your password / owner key! This is why it is extremely important that you save and backup your password somewhere safe. It is strongly recommended that you store an offline copy in case of a hard drive failure or other calamity. Consider digital offline storage, such as an external disk or flash drive, as well as printed paper stored in a fireproof safe. Use a safe deposit box for best redundancy.
If you leak your private key to another user or a third-party website, that user or website will have full access to your account. This means they can steal it, as well as the funds inside of it. It is therefore not recommended to enter your private key information with any other user or third-party website. If you believe your account has been compromised, you should change your password/keys right away.
Each account has multiple keys, which each have different levels of authority: owner, active, posting, and memo. The information on the different types of keys and their purposes, as well as more information on password and key security, can be found in the section on Security.
Does it cost anything to post, comment, or vote?
No. It is free to post, comment, and vote on content on steemit.com. You might even get paid for it!
Can I earn digital tokens on Steemit? How?
You can earn digital tokens on Steemit by:
Posting - By sharing your posts, you can earn upvotes from community members. Depending on the upvotes you receive, you may get a portion of the "rewards pool".
Voting and curating - If you discover a post and upvote it before it becomes popular, you can earn a curation reward. The reward amount will depend on the amount of Steem Power you have.
Purchasing - Users can purchase STEEM or Steem Dollar tokens directly through their Steemit wallet using bitcoin, Ether, or BitShares tokens. They are also available from other markets and exchanges including Binance, Bithumb, BitShares, Bittrex, Huobi, Poloniex, UpBit, probit, bitribe, GOPAX, Lykke.
Vesting - STEEM tokens that are powered up to Steem Power will earn a small amount of new tokens for holding.
Cc. Steemcurator01