NEW TO STEAM?? STEAM FAQ by Yours Truly

in #money8 years ago (edited)

  1. How does Steem work?
    14:13 a guys asks, well wouldn't stupid content get rewarded?
    @clains's response is pretty cool:
    https://steemit.com/steem/@wojooo/explained-how-the-steem-works-video
  1. What is the difference between Steem, Steem Power, and Steam Dollars?
    https://steemit.com/steem/@screenplaydan/the-a-ha-moment-of-differences-between-steem-steem-power-usd
    more technical - the power plant analogy:
    https://steemit.com/steemit/@engineercampus/made-clear-steem-steem-dollar-and-steem-power
    in english words:
    https://steemit.com/steemit/@noodhoog/steem-steem-power-and-steem-dollars-oh-my
  1. Regards to Steem Value in your Steem Wallet, IT IS AN ESTIMATE:
    https://steemit.com/steemit-help/@nanzo-scoop/estimated-value-in-your-wallet-is-just-an-estimate#
  1. What are Steem Witnesses? (technical: advanced)
    https://steemit.com/steemit-guides/@pfunk/a-full-steemit-user-s-guide-to-steem-witnesses
  1. What are the differences between Steem Keys? (technical: Intermediate)
    https://steemit.com/steemit-guides/@pfunk/a-user-s-guide-to-the-different-steem-keys-or-passwords
  1. Where is Steemit data being stored?
    "Images will be stored on IPFS, text will be stored on the blockchain.
    In the future it is also possible to store text on IPFS." - according to Dan Larimer, aka @dantheman, aka chief tech
    https://steemit.com/steemit/@publicworker/where-steemit-data-is-stored
  1. How is the data being recorded on the Blockchain?
    https://steemit.com/blockchain/@amogue/how-is-data-text-and-images-recorded-on-steemit-blockchain
    more technical in one of the responses
    https://steemit.com/youtube/@martijnbolt/how-steemit-will-turn-youtube-into-a-data-storage-facility

*Additional as recommended will be added

Finally, check out @dantheman's blog for right-to-the-source questions/ basics:
https://steemit.com/@dantheman

Thanks all,
@screenplaydan
for more check out:
https://steemit.com/@screenplaydan

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Helpful, great work you done here!

(sheepish) thanks~ hopefully this will help people save time for searching!

Thanks for the links. I hope i can continue without still being confused.

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