3 Steemit Facts You Didn't Know, Probably ! SteemIt 101

in steemit •  7 years ago 


This is one of the most useful post for Steemit newbies and some longtime users too, get to know things about Steem that you didn’t know before .

  1. Your Upvotes are not unlimited

You sure can upvote as many time as you like but it will not help the post you upvoted in getting awards everytime. Everytime you Upvote your voting power decreases. You can use upto 40 Full Strength upvotes within 24 hours without lessening your power. It starts with 100% and gets recharged at the rate of 20% everyday.

  1. Steemit doesn’t have ‘Miners’ It has ‘Witnesses’

Unlike bitcoins, Steemit is based on a blockchain technology called ‘Graphene’ which uses ‘Witness’ for producing Steem coin blocks. When a Steem Block is witnessed 10%of it goes to the witness and the rest 90 % is awarded to the content creators and curators and the users with STEEM Power. 21 witness nodes are produced every 63 second by 21 witnesses, There are 20 of them and they might change based on the number of votes they receive. More on ‘Witness’ voting and How to become a ‘Witness’ in the below links.
https://Steemit.com/~witnesses
https://Steemit.com/Steemhelp/@Steemed/become-a-Steem-witness-essentials

Don't forget to Upvote and Resteem it
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