What is Steemit Cryptocurrency Network Smart Digital Money is a form of bitcoin kind. It combines the ability to send receive money and store information. What is the main benefit of Steem? You do not need expensive hardware to my Steem do you make and do other benefits on this by voting on content on Steem's applications like Bitcoin Steemit's mine? 1. Free transaction with no transaction fee can now send Bitcoin several dollars at one time and can end up at the bottom of your transaction list if you do not pay enough.
Simple adresses that remember and examples My Steem know is easy to type "thecryptofiend" that is very easy to remember from a Bitcoin address like 1BvBMSEYstWetqTFn5Au4saghm4GFg7xJaNVN2.
Scalablity right now Bitcoin is capable of making a theoretical maximum of about 7 transactions per second and this case has been a source of serious conflict in the Bitcoin community Steem is already capable of doing thousands of transactions per second
Speed takes a minimum of 10 minutes in a Bitcoin block in ideal conditions, but you will often be clear and confirmed to be a lot ending long waiting for a deal. Sending Steem is almost instantaneous. 5. Steem is a low volatility currency for dollars traders. Steem Dollar is a special dollar stocked property based on Steem that is designed to resist the general instability you get with most other cryptocurrencies including Bitcoin. Are Steem Applications Available Currently
Steemit d a blogging platform like a combination of medium and reddit. 2. Busy a more Facebook like app with built in private messaging app.
Esteem - a mobile app for iOS or Android.
The others are in development like Steepshot
There are also a variety of steam equipment available at steemtools.com. What is the difference between stmit and Steem? In simple terms Steem is the money Steemit uses Steem to pay no app rewards. Okay so I have decided that I want to create a Steem account what do I do hi Follow the Quick Start Guide Icreated here. The guide takes you through the process of registering and making your first post on Steemit -If you prefer to use busy, you can use the same account to create a post there. Where can I get more information? Welcome Page, Government FAqs and a more comprehensive FAq here. Steemithelp.net Whitepaper It's like reading it's quite old now though. Ask a human in Steemit Chat's help channel. Conclusion Simplicity These are very basic points that can be used to explain what Steem is for those who are technically not familiar with the brain or cryptocurrencies. We can also make further summaries to explain more advanced concepts in simple language. What do you think Feel free to share and link to this post if people came to you with questions. Apart from this, I know if you think some other people say that should be added here completely but keep in mind the simplicity aspect. You know of any errors either factual or otherwise I know. Hi thank
