In short, Steemit is a social network that offers direct rewards to content contributors and those who manage ("curation") content. Steemit is based on blockchain technology, the same technology underlying the Bitcoin virtual coin.
Network rewards are distributed in the form of specific virtual currencies (Steem, Steem Power - SP and Steem Backed Dollar (SBD)), which we will be shifting a little further.Steem, as a social networking experiment that pays users, is not a completely new or revolutionary concept. Over time there have been such initiatives (from Tsu to Reddit, where you can pay a Reddit Gold user), but Steem's basic concept is different.
The most important difference is that Steem is built entirely over a blockchain. This means that the web page you see now pulls data from a globally distributed bockchain, not from a single computer or entity-controlled database. It also means that the network is completely transparent and you can always see the activity of another user.What Can You Do Here?
You can test the platform, you can contribute content, you can get involved in community projects. And, of course, you can make money if you create content that is appreciated by other members.