You provide an accurate explanation of the differences In the consensus system used by STEEM. The proof-of-stake system used by Steem is indeed different from the proof-of-work method used By Bitcoin.

In proof-of-stake, STEEM owners can lock up a certain amount of their coins in their account for additional rewards. The more STEEM locked, the higher the chance To receive rewards. This means that participation in the STEEM network does not involve solving math problems as is done in mining other cryptocurrencies.

This concept represents a shift in focus away from STEEM mining which is more oriented towards promoting active participation In social networks. This means that users who are active and have a larger amount of STEEM tend to get more rewards. In the context of STEEM ,participation and contribution In social networks is an important factor in getting rewards.

Good luck.