What is Steemit?
Steemit is a decentralized social media platform. In it, Steemit rewards the users both for posting their writings, as well as to provide voting posts of others who are considered interesting. Posts can be either blog posts, or video content. This steemit, built using Blockchain-based technology. More precisely, using Blockchain Steem. This has become a new way in the social media world, especially its ability to blog and gain advantage in a system based on cryptocurrency.
Users can get two types of cryptocurrency. Ie Steem Power, and Steem Dollars. To get two crypto is also the same, just by posting, or giving a vote. In fact, no third party is required in it.
Steam coins are distributed through rewards given to pemposting, voters, Steem Power holders, market participants between Steem and Steem Dollars, as well as miners at a predetermined rate. So quite similar to Bitcoin, there is a reward given to the miner.
Source : eb-indonesia
