How Well Do You Know Steemit?

in Steem4Nigeria4 months ago

Hello everyone!
It is a good morning to us all and I want to believe that we all are doing just fine from our various ends. I am excited to be taking part in this contest from this impeccable community, truth be told, am always glad to see myself in this community. The Steemit platform has proven to be a domicile for countless people as we progressively ride through its platforms.

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[image from steemit post]


How Well, Do You Know Steemit Blockchain?

It's been approximately three (3) years that I've been on the steemit platform, it has been three years of excitement though at some point there was a little break resulting from an academic program. Ever since I finished the program, I have been somewhat consistent and relishing the projects it has consistently given.

No doubt, the steemit platform has become a source of livelihood for many and an additional source of income. There has been a revolution in this platform from what it was to what it currently is. I can still recall how the interface of this platform looked at the time I joined. At the time I joined the platform, the steemitcryptoacademy was at the forefront of the engagements and assignments.

This is dissimilar to what is obtainable at the moment. Many communities have emerged and are actively and consistently taking part in the engagement currently with steemitcryptoacademy also in the picture.

The steemit platform is accompanied by numerous characteristics that allow members and users to engage and utilize it sans restrictions. Most of these characteristics stand for the steemit platform and serve as its identity. An interesting characteristic of this platform is the upvote and downvote parameter which determines what a user receives or loses from the activities of curators.

We are provided with the control to either follow or unfollow users as well as to share publications with other centralized social media platforms like Facebook, X channel, etc. I can't forget the tokens we all earn from the platform. The SP, TRX, Steem, and SBD are the fundamental and inescapable benefits that stream from the reward pool and system of the platform.


How Can You Explain Steemit To A Stranger?

The memory of how I was introduced to the system and how I became enthusiastic remains evergreen. Similar to every other social media platform, the steemit platform allows users or subscribers to freely share their content without the fear of scaling the user.

Two unique features that distinguish the steemit platform from other social media platforms are its decentralized nature and reward system. Steemit subscribers or users are allowed to earn from making quality publications regardless of how little the value is. This prize comes in the form of crypto which can easily be changed to any local currency.

The prerequisite is to make and publish quality, informative, or educative content on the platform. The degree of strength and enthusiasm utilized while utilizing other social media can invested or used in the steemit platform and then earn a continual reward that goes beyond paying for an internet subscription to paying our private bills.


What Is The Meaning Of This Acronym CSI On Steemit? How Can A User Know His /Her Voting CSI.,

I have severally come across this acronym, from the review report of community moderators as well as in one of the steemit platform tool 'steemworld.org'. In my guess, the acronym CSI stands for Community Search Index.

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[screenshot from steemworld.org]

It indicates the degree of support we have given to the publication of other users on the platform. It is accompanied by a count indicating whether or not we have self-voted ourselves, and/or other users.


What is the work of curators on steemit?

The platform comprises authors and curators in various communities and they have been seen to complement one another. Curators refer to those users who are basically concerned with the communal duty of adding value to users' publications through their influence (SP).

They promote the user's joy as their upvotes unavoidably put laughter in the mouth of any user they come his/her way. Notwithstanding, every one of us is a curator in a way. As our CSI count grows, we impact upvotes regardless of how little the value is and received afterward.


What Is Sp? How Long Does It Take To Return To Steem If A Power Down Is Being Initiated.

Steem Power (SP) connotes the influence level of a user in the platform ecosystem. SP is earned anytime content is made in the community, a minimum of 50% of our returns come as SP and are automatically powered up.

SP can also be earned when SBD is converted to Steem and then powered up. Hence, while still in the wallet, it remains liquid Steem and can be directly utilized but once powered up, it is converted to Steem Power (SP) and takes a specific number of days to turn back to the liquid form.

Anytime power down is initiated, it requires an estimated 28 days to have the process completed. This process is all about converting SP back to liquid Steem. This 28-day process breaks down weekly and ¼ of the SP value initiated for power-down is dropped as liquid Steem into the wallet. This process continues until the time frame - 4 weeks - elapses unless interrupted.


Thank you my lovelies....

I would like to invite @xkool24, and @onyiluvdan to join the contest.

A big thanks to @okere-blessing for the notion behind this contest.


I am @hisgeneral
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Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.

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Thanks for the mention

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