Steem, Steem Dollars, and Steem Power

in #dtube7 years ago


A lot of fuss has been going around SteemIt in the past few months. Steemit is kind of a social news platform that pays users with digital currency called Steem for posting and upvoting good content. Think of Reddit, but with a nice add-on of getting paid for your participation.
The problem as I see it with Steemit, is that the concept is just too hard to grasp. There are too many confusing concepts. For example, you have Steemit which is the platform, Steem – the digital currency, Steem power, Steem dollars and it all becomes one big mish mash of unexplained terms. In the end the average user who wants to get started with Steemit is left confused and leaves the platform.
In this post I will try to make some sense out of these terms and the platform in general, and help you understand how to get started with Steemit if this is something you’d like to pursue.


▶️ Watch on DTube
▶️ Watch Source (IPFS)
Sort:  

thanks for the post. This stuff is definitely confusing when first starting out.

Thaks, you for the explanation!

But how can I get steem power, I don´t even know

I've been wondering the same thing. Any luck finding out?

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60228.69
ETH 2428.23
USDT 1.00
SBD 2.45