What is Steemit? How does it work?

in steemit •  7 years ago 

This publication is addressed to all people who, just like me, feel overwhelmed and confused about how the Steemit network works. The intention is that at the end of the reading of this "post" we are able to incorporate ourselves with a good understanding of the functioning of this revolutionary way of conceiving social networks and generating income on the internet.

Steemit can be very confusing even for a person like me who for several years is engaged in cryptocurrency mining; and it is that its conception and way of functioning, although it is extremely simple, is really revolutionary.

Steemit is an innovative mix between three fundamental pillars of the current internet that are:

Social networks

The generation of income working on the internet and,

The new technological revolution of the cryptocurrencies that use the chain of blocks or "blockchain".

In order to capture what Steemit is and how it works, there must be at least very basic notions of each of these pillars. Therefore, we will highlight below the most important aspects that we have clear about each of these pillars. Above all, try to explain in more detail, clearly and concisely, make reference to cryptocurrencies, which will ultimately use the medium that is used to monetize work in this social network and is exactly what people normally do not It's acquainted .

Social networks:

Social networks are large communities that bring together people who have many common interests, which are infinitely varied such as: kitten videos, cake recipes, nuclear physics, film, music, games, obsession with the back legs of the fruit mountains, etc., etc., etc. ... Social networks by their way of functioning create one of the essential elements for the creation of large markets, and therefore for the generation of income, which is their large captive audience, where all are possible customers or consumers.

The larger the community or social red, the greater the income that can be generated from that red. For example, the social network Facebook takes advantage of the millions of people who are registered on its platform to display advertising, which generates miles of millions of dollars over the years.

The main feature that we must focus on is that social networks are created around groups that have the same consumption interests, that consumption on the Internet, content, videos, recipes, photos, games, etc. The people entered into their social networks, the news, the recipes and all the content class that are usually being created by the other members of that community. If people like the video, the game, or just the ideas, reflections or comments that make a member of the community, you can do it with a simple "like" or with a vote. Every time you do that, it is a demonstration that you have reviewed that person's work and you feel it is good enough for the community to review and read, because you think it was funny, or that you enjoyed it with the task for the What that content was generated The detail is that all the content and the work involved is done altruistically, it simply "works" without receiving any kind of economic benefit.

The social network is not different from another social social thing, that is, communities must be created around a great variety of particular interests. In this section people create their content, which can be videos, photos, articles, etc., with a list of content that can be chosen as in the community or social red. The difference is that when a person has read or consumed the content, and that has seemed to be of quality or very good, this person issues a vote equivalent to a "like". For every vote that receives the content of its author, to win some cryptocurrencies called STEEM. In the same way, the person who did the task of reviewing the content and the community reports of that topic that he considers good, also received a remuneration in the form of the STEEM cryptocurrencies. Later on we describe how those cryptocurrencies STEEM works and converts to normal dollars or as it is known in fiat financial jargon.

How do you earn money online working on the internet?

Traditionally, the most effective way to earn money through the Internet is to create a web page or blog where people post quality content on topics or topics that are very good, in such a way that they generate a large traffic of visits from users of the Internet. Internet that are interested in that content.

                                        

if you like the content you can follow me here at steemit  @abrmilano

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!