Steemit is a decentralized social media platform
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 profit in a system based on cryptocurrency.
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. Users can get two types of cryptocurrency. Ie Steem Power, and Steem Dollars.
The three tokens are Steem Dollars, Steem Power and also Steem itself. Steem This dollar is granted if the user has posted a content, or has given voting posts that are considered qualified. Basically, Steem coins are backed up with USD Dollars.
This steem has a social media platform called Steemit. With this Steem, we can also get reward steem coins that later can also be traded.
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