Steemit Blockchain Technology innovation by @austinefx

in #burnsteem256 months ago

Blockchain Technology

Understanding how Steemit uses blockchain innovation to control its decentralized platform

Screenshot_20240413-094915_1.png

Steemit works utilizing blockchain innovation. This implies it resembles a major computerized record where all the data is put away. Dissimilar to customary online entertainment stages where one organization possesses and controls everything, Steemit is decentralized. That implies there's no single expert in control. All things being equal, it's controlled by an organization of PCs from one side of the planet to the other.

When you post on Steemit

At the point when you post something on Steemit, it gets put away on the blockchain. This makes it secure and impervious to restriction in light of the fact that nobody can without much of a stretch erase or transform it. Besides, when individuals like your post, they can upvote it. These upvotes resemble up thumbs on other web-based entertainment, yet on Steemit, they likewise give you digital money called STEEM. Thus, the more upvotes your post gets, the more STEEM you acquire.

upvoting

However, it's not just about posting. You can likewise procure STEEM by organizing content. This implies tracking down great posts and upvoting them. At the point when you upvote a well known post, you get a portion of the prizes as well.

STEEM isn't simply a few computerized focuses by the same token. You can exchange it for genuine cash or use it to purchase things on the web. Furthermore, you can control up your STEEM into something many refer to as Steem Power. This gives you more impact on the stage and procures you considerably more prizes over the long haul.

What you get from Steemit

By and large, Steemit is where you can share your considerations, stories, and thoughts with the world while procuring cryptographic money rewards. It resembles a virtual entertainment stage, however rather than simply likes and offers, you get genuine cash for your commitments.

This my little knowledge and little understanding I could got .
If l am not right let me understand
From @austinefx

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62066.10
ETH 2419.11
USDT 1.00
SBD 2.66