Steemit - A cryptocurrency-based blog keeps your posts permanently in blockchain
Steemit is a cryptocurrency-based social media platform (blog) and is built using Blockchain-based technology. Steemit rewards everyone who makes a post in steemit, be it an interesting writing, picture or video. This is what makes many people join steemit.
Steemit users will get two types of cryptocurrency. That is Steem Power and Steem Dollar. To get the two crypto you just need to post, or give a vote to the writing that you think is interesting.
Your article in steemit will be saved permanently
Steemit implements the work system in just one week (7 days). In that time we can edit and update the post, and after reaching 7 days we will claim the prize we get from the post. and that post will be saved permanently after 7 days without ever being able to edit and update it.
As long as you use this platform all your posts will be permanently stored in the Blockchain database, and will no longer be able to change. Because, this steemit system stores all activity databases and as a user of both your comments, giving Upvote and even published postings neatly copied inside Blockchain.
Not only that, the concept you create is content and ready to click, the first content that is automatically published to the blockchain system. This thing you can see in steemit can not be deleted? or no delete post menu in featur !! and also the first tag that can never be replaced or edited.
Token Steemit
In Steemit, there are three types of tokens. The three tokens are Steem Dollars, Steem Power and Steem.
STEEM function works almost the same as Bitcoin. Can be traded, or transferred.
STEEM POWER is a version of Steem used by the owner to vote. And that is quite interesting.
STEEM DOLLAR is provided 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. Even today, Steem has also been bewitched in Bittrex exchanges. Of course this would provide more benefits for users because more freely to trade.