Steem Coin And Steemit Blockchain

Hello all my followers, all the new steemains who have joined steemit today, the steemains who are reading my post.
As all my followers know i write about anything that gives some benefits to the reader, to the community of steemit and also to me as the topic increases my knowledge and also i make some true friends on steemit.
Today i am going to present a new topic hope you like it and hit the like button without any confusion.
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I am posted about the direction the steem is going. Today is the correction of the price and it will not be long before it jump back up once more. I think within this week we will be going into a steady pricing of the steem which is a good thing for everyone who is involved in the steem. When crytocurrency or any stock market jumps up or down quick in the market it is hard to tell the next moves. The steadiness will be a good sign of the directions that the steem is going. A lot of individuals everyday are opening accounts it will boost up the overall value of steem. Place such as steemit is a good way to show off your talents, art or any activity that an individual might have however might not have the platform to show those to the public. Along with showing to public those individuals talents he/she can also make some currency without having to have 500 thousand or more follower on websites such as youtube. Steemit is very important because it would help to transfer value and wealth from richer countries to poor countries who might have ambition but no opportunities in making the dreams into a reality. I see a lot of potential in such innovative social media crytochain since it will help people to make the dreams possible without having to have 500 thousand followers or more like I've mentioned earlier. If you new to the community i wish you luck and making those dreams into a reality. I am glad to see that steam prices are rising again and I hope the price of steam.
The monetary aspects of the platform are somewhat complex. First of all, it all runs and is stored on a blockchain, so it has miners. Second, it uses a mixture of proof of work mining, proof of stake and delegated proof of stake. To make it a bit more fun, it has three currencies.The duo of Daniel Larimer and Ned Scott, the former a techy, the latter from the world of finance, think they have a solution, Steemit. The blockchain-powered platform is a mixture between medium and reddit where users are paid for voting and posting in a new currency called steem, currently valued at around $0.23 per unit. Steemit users just received the first payout, $1.3 million in total, but can this really work.The way it is currently organized seems to be limited to self-posts, rather than direct link sharing from the title. Moreover, the administrators of the website can, if they wish, remove content or comments, but they would remain on the blockchain and anyone can set up a website to reflect the blockchain just as there are a number of block explorers.
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I think every day we get some new to learn and thus we all increase our knowledge eachother. You all have helped me a lot by supporting me, by following me and at last for upvoting following and resteeming my post.
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