This is the difference between steemit and facebook with BitCoin? (Explanation)

in #blockchain6 years ago

Time for steemit! Hoyaa!! If you can follow the article before about Steemit then we already know that Steemit is a new-media social innovation. However, what the hell yg distinguish between Steemit with other social media such as Facebook:? and are there any similarities or differences between the Steemit with BitCoin?

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Social media is yg Steemit running on blockchain technology, as well as kayaking and BitCoin Ethereum. The three main roles blockchain is transparency, decentralization and has a value of unit token cryptocurrency. Facebook does not run on blockhain technology, so he centralized nature, where he had the owner of the site and set the propertied as he worked.

Whereas the decentralized nature of the yg Steemit has no owner. As with all private key access, posting key, reward key and owner key, just known by the owner wrote. So when we register at Steemit, password to new-account we register it is our own proprietary and can not be reset again by anyone in this world. For it if you forget your password, there is no sesiapun that could get them back.

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Aside from that, what is unfolding on the Steemit system is transparent, so that all activities occurring in yg steemit platform can be monitored by users above blockchain. Unlike with Facebook where there are some aspects of the reply is not reachable by users.

Maybe we'll start tertanya asked how this steemit platform can track the evolution of the technology. Yg blockchain technology actually implemented by Steemit is the same as BitShares, where each user has a key (key) that could determine the (voting) what will happen to the system (proposal, worker and witnesses)

Talk more in depth about how the system rewards steemit, please note in advance that the site Steemit work seibaratnya web wallet: a wallet storing lucrative rewards its users. When we post, voting, commenting or trade it interact openly in blockchain Steemit. So steemit is the actual site cumalah just a website interface.

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When one starts to post something on a site content steemit and got the rewards, we will probably begin to ask how blockchain steemit yg does not have this owner can specify who will get the rewards? The answer is ... based on the quality of the readers upvote. If we wrote a post something in Facebook, maybe we will get a positive reply comments and likes, but we get no monetary rewards (money). While in Steemit, we get the rewards over the content of reply we posted messages in the value of the Dollar and Steem Steem units of Power.

Steemit is a very interesting reply karna both two parties reply to post content and provide the vote over such content will get rewards for his efforts. For it improperly you should write content for world standard yg got the rewards, tp with merely looking for new content to your great sense of potentially lucrative and then voting on the content then it can also rewards you for menjana. The sooner we vote on a enormous potentially lucrative content, then the sooner we menjana nilai rewards from such content. Otherwise incorrect results of 50 – 50 division between content writers and people wrote mengvoting.

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Now new questions are arising again yg would probably make you think of where this money come? How Steemit can give rewards to the author, the voters and the miner yg keep the stability of this network function? Well.. so the concept of work of all this work is the same it seems like BitCoin. Like yg we know ... Bitcoin paid the miner through subsidies yg generated through the creation of new yg BitCoin basically not sourced from anywhere, just like a company of mengissues new shares to fund something project. Because the BitCoin do same like that, then Steemit was also inspired by the concept of paying for content is the content of the reply posted by someone and also to supporting
para-his supporters.

Because the Steemit is blockchain reply based on the concept of social media then there will be some features on Blockchain Steemit yg distinguish Bitcoin. One feature is the Steem dollars. The purpose of the existence of steem dollar is because ... most of the source user register at the Steemit coming from the backing (background) yg did not know cryptocurrency. And of course, they want to direwardkan denominated in dollars. They do not want to speculate in the ups and downs of cryptocurrency asset value, then for that dollar value is present as the steem units yg yg has a value equivalent to the dollar.

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Another thing yg make this unique Steemit technology is that it has the ability to deal with transactions of large-scale and quick reply (3 seconds per transaction block). When someone creates a social media platform, it requires an internal network of great capacity and yg steemit has the capacity of such a huge yg yg even more superior than Reddit. Something more importantly related to technology Steemit is all yg transactions occur on blockchain steemit is free.

If the BitCoin apply alogritma proof of work are objective, then apply Steemit alogritma proof of the subjective nature of lucrative work. In the concept of rewarding Bitcoin, the miner must pay for energy (electricity + hardware) to mine the BitCoin.. While in Steemit, each posting articles and article-interactions that produce rewards for its users. What happens indirectly in this case is that he will be menimbul the effects of networking yg will entice netizen around the world. Imagine all the yg quality topic was posted at any time on the website Steemit will continue to flock to the lucrative google search later for a long period of time will increase the longer the value Steemit platform itself.

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final words ... There is no reason for the netizen don't think whoever you are for not joining the Platform Steemit yg do not require capital one bit. ANE said this was caused by any lucrative business because you devote in the social media platform Steemit, sy believes will be fruitful.

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