Me trying to understand the math behind Steemit

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I've been here for a week now, still trying to understand some of the math & concept behind Steemit and what makes this model sustainable for a long time. Some of it is easy, but the other half are quite hard to grasp for a newbie like me.

So... Here's to all the newbies out there, who are in the same boat with me.

Me trying to understand the math behind Steemit | Ecency