STEEM internals

I have been learning about STEEM internals for the last month and recently added a few definitions to @charlieshrem's slang dictionary. I think it will be useful if I describe the definitions fully in my next posts.

Why:

I am a kind of person that learns by teaching. I discovered that when I pass my knowledge to other people:

• I double check that I understand the concept correctly.
• I try to make sure that I describe it in simple words so that many people can understand.
• My long term memory behaves better when I am writing about it.

Unfortunately there is a proverb saying that if you teach someone in easy words you will never become rich. That does not sound like a good prospect for my future. I cannot fully remind myself how it goes, but I will follow another one instead:

STEEM internals #1 : WIF

WIF stands for Wallet Import Format. Active, private key used to sign STEEM transactions. This is the most secret thing that you shall keep under the pillow and not share with anyone.

details to be continued...

DISCLAIMER: THE INFORMATION IS DELIVERED FREE OF CHARGE AND 'AS IS' WITHOUT WARRANTY OF ANY KIND. I HOPE IT IS ACCURATE AND FREE OF ERRORS AND YOU FIND IT USEFUL.