Understanding The Steemit.com Website

chriss27 (26)in #steemit • 8 years ago (edited)

If you are a blogger, or you love writing essays and poems, there are numerous avenues on the internet that you can use spread your message. Many of these internet outlets will pay you as a contributor. You may know these sites but none of these are like Steemit.

It is an online social news service that has combined blogging and cryptocurrency. Steemit rewards the efforts of its users in creating and adding content, something that has never been done. Steemit membership is free and if you want to be as Steemit users, go to steemit.com and create an account, it is that easy. Steemit does not have a central database . Instead, the content provided by the users exists in a decentralized network based on the blockchain technology.

Developers at Steemit have developed a unique algorithm that is used to determine the worth of each user’s content and contribution. Steemit members can up-vote decent content; authors who get up-votes receive monetary rewards. The more a user contributes to Steemit, the more their influence raises. Steemit users can choose to be a curator, a contributor or both.

As a contributor, you will have to create original content on any topic from conventional to niche subjects. As a curator, you will read content provided by contributors, comment on and vote for the best content. Contributors, also known as authors, are paid when other users like, comment and up-vote what they have written and up-vote their respective posts.

Steemit has changed the game on how you can be paid as a freelancer by using blockchain technology with an internal digital currency known as Steem. Steemit has gone a step further; it has democratized and decentralized how you can be paid for your work. Steemit beta was launched a few weeks ago, but it has growth in both community size and content. In that short period of time, the value one Steem has grown to over $4; all Steem have a total mark cap of approximately $350 million that is donated to the content providers at Steemit as a reward for their good work.

Steemit is a different ball game. It is different from the normal forums and blogging sites because it is devolved, and the Steemit community rewards or pays the authors in the form of Steem, an internal digital currency. Steemit is an innovative use of blockchain technology and one of the best way to make money while posting content online.

This video i found on youtube helps to better explain the steemit.com interface. .