Some Steemit Getting Started Instructions

Hello everyone, this is my very important article of steemit. I just entered the community and didn't take long. I read the contents of the FAQ and used my own words to sort out some of the things I think are more critical. I hope I can help the small ones I just joined. partner.

What is Steemit?
Steemit is a social network built using blockchain technology. This network will use Steemit's tokens to reward content producers. To put it bluntly, it is to give quality content money! Steemit's goal is to benefit the people in this attention economy . Previously, our attention on the major social media was collected by operators and sold to advertisers. Now we can use our attention to reward others or Making wealth, how do you say this?
In my opinion, Steem is a decentralized short book or decentralized WeChat public number , which is used to motivate everyone to publish high-quality articles, and the above rewards are automatically distributed through praise and publication. Of course, personal rewards should be ok, but it seems to be more troublesome, I have not tried. .

How does Steemit work?
Steemit uses blockchain technology to produce its own tokens, just as Bitcoin needs miners to produce their own tokens, but Steemit uses the Graphene blockchain framework to make their own tokens ( No miners). Then admire people who produce quality content through user comments and votes. So the value of the individual is evaluated by the entire community. The more useful you produce, the more chance you will get more rewards. Everyone knows that decentralization is one of the characteristics of the blockchain, so the designer of Steemit and the team will not sell the user's data (and should not get the user's data), completely with the current social media. Instead, decentralized social media is kept by the entire community. Everyone's information is stored in the blockchain of steemit, no one can steal your information privately.

How to make money through steemit
Haha, this topic is definitely a lot of people interested. Steemit rewards the person who posted the message (feeling nonsense.) and also rewards people who find quality content ! This means that if you can find the best content and forward it out, you will get a curation reward

Where does Steemit's token come from?
Steem tokens are divided into 3 types: 1.Steem 2.Steem Power 3. Steem Dollar

Steem
Steem is the money flowing on the steem platform itself, which can be exchanged for Steem power, traded as steem dollars, or transferred to other accounts. Steem itself is a virtual currency, just like bitcoin. In analogy, Steem is the stock of the steemit website, which can be used to trade other digital currencies or legal currencies with major exchanges. Prices follow market volatility.

Steem Power
Steem Power (referred to as SP) is a standard measure of a person's influence on the steem (power have energy have influence, power of meaning). The more SPs a person has, the more he can influence the value of the article and the value of the comment. Steem Power is more like real estate or the company's higher stocks . It can't be easily transferred. If you want to exchange cash for "selling real estate", it will take about 13 weeks to redeem , and you will be divided every week. This is done to keep you holding the SP for a long time in order to better maintain the community. SP also has a high interest income (imagined as rent or interest dividend), which is considered one of the benefits.

Steem dollars
Steem Dollars (usually referred to as SBD) is a digital currency that is directly equivalent to the US dollar. How do you do that? That is, when you want to exchange cash, Steem Dollar will be converted into Steem with the current market value equivalent to 1 US dollar. For example, if you have 1 Steem Dollars, the current Steem market value is 1.5 US dollars, then you will get 0.666667 Steem, then you can Exchange it to $1 in the exchange. Steem can also be used to purchase things directly, such as PeerHub.com accepting SBD payments.
The Steem Network will continue to produce digital currency for rewarding content producers and communicators. 75% of the newly generated coins will be sent to the prize pool for content producers, commentators and communicators. 15% will pay interest to those who hold SP (to support these influential people to maintain the community), and the last 10% are used to pay for verification transfers.

Where does the value of these coins come from?
Steem itself is a point system, but because of the blockchain technology, these coins can be traded on major exchanges, and the price is determined by the market (as with stocks), so it is up to you to judge whether you want to cash. If you want to use an analogy, it is like the equipment we get from playing games. If others feel valuable, he will use real money to change with you.

Can you get rich quickly?
Sorry. . This is really not the case. This system was originally designed to build a valuable community. People who are rewarded a lot should have a lot of attention or have published many articles to achieve that, so don't expect to make a fortune instantly. . This website has just started, I don’t know what it will become in the future, but the original intention is to reward those who have published valuable articles. Your mechanical brush comments will be badly reviewed by people in the community, and finally you can’t comment or even Unable to post an article.

How to cash?
As mentioned above, Steem itself is a virtual currency, just like Bitcoin. Can be used to trade other digital currencies or legal currencies with major exchanges. Prices follow market volatility.
Steem Power takes about 13 weeks to redeem and divides you a week. So before you redeem, you need to make
Steem dollars-Steem Dollars (usually referred to as SBD) in advance , which is a digital currency that is directly equivalent to the US dollar. How to do it? That is, when you want to exchange cash, Steem Dollar will be converted into Steem with the current market value equivalent to 1 US dollar. For example, if you have 1 Steem Dollars, the current Steem market value is 1.5 US dollars, then you will get 0.666667 Steem, then you can Exchange it to $1 in the exchange. Steem can also be used to purchase things directly, such as PeerHub.com accepting SBD payments.

I found a YouTube video that explains it well, you can check it out: https://steemit.com/steemit/@shredlord/steem-steem- Dollars-and-steam-power-explained

Precautions
Blockchain technology is decentralized, so they will record everything that happened, which means that the content you posted can't be completely deleted. You can't let some people see it, but the blockchain still Will save all your published messages.

Bad review
There is no need for a unique reason for a bad review, so it doesn't mean that you are doing something wrong when you get a bad review.

How is the reputation value measured?
Each user has his own reputation value next to his or her own name
reputation value is a measure of how much value you bring to the community. This is also a mechanism to reduce abuse of the platform. Your reputation will increase when someone gives you a compliment, and your reputation will decrease when you have a friend who is higher than your reputation . A person whose reputation value is smaller than you cannot affect your reputation. The
reputation value is calculated using the power of 10, so the reputation value of 40 to 30 is 10 times higher.
Good English speakers can use this link to see how reputation values ​​are calculated: https://steemit.com/steemit/@digitalnotvir/how-reputation-scores-are-calculated-the-details-explained-with-simple- Math

Basically, I hope that everyone can contribute quality content together. Thank you