Still confuse, here we are
After nearly a month I open an account steemit and not any one of my posts, because I did not know yet the function of this application. After a month I learned there are three main points in steemit application itself and this is it, Steem, Steem Power, and Steem Dollar. For the first post I want to share a little knowledge of what it Steem, because I feel it when they first open the app I always ask what the heck steem and what it does?, maybe not only me who felt this, for starters definitely want to know more about steem, what for steem.
Steem is the basic unit of account in blockchain Steem. All our posts either video, images or text, and tokens else, its like I mentioned earlier will be converted into Steem, and Steem can be converted into Steem Power, and Steem Dollar, and melt into the currency then you should go first to market then there are two choices between buying and selling, if Steem we derive from our posts were automatically entered into the form Steem and Steem Power, so we can only sell Steem and can not buy Steem.
After Steem sold to reduce the risk of a reduction in both the incentive and the other for a prolonged period, therefore Steemians should menconvert it into the form of SP and SMD, if you do not convert into the form of SP then you would cut every day around 0.19% per day.
For explanation Steem Power, Steem Dollar, will be distributed a little knowledge in my next post .