AskSteemit: What Is Steemit?

Steemit is a blog and long range informal communication site based on the Steem blockchain, which rewards distributers through network intrigue. The online networking stage utilizes Steem and Steem Dollars as its token which are tradable tokens acquired from posting, finding, and remarking on content. It by and by has an aggregate 920,800 client check; making it one of the bigger networks in crypto.

The webpage's communicated objective it is to demonstrate the world the eventual fate of the web and to rouse another advanced substance plan of action and application for business visionary and engineers.

Not at all like regular web-based social networking where presents can go on a little system near a writer, on Steemit as post can be characterized by subject and feature and draw in perusers from everywhere on, that can likewise remunerate that writer fiscally for good bits of knowledge.

The Steemit Token (STEEM) can be exchanged on stages like Poloniex, Bittrex, and OpenLedger, and would thus be able to be changed over to money. Since its beginning, the site has paid out a sum of US$40,154,371.