What is Steemit and how does it work?

What Is Steemit?
Steemit is not your typical blogging site. Created by Ned Scott and Dan Larimer, this unique site, based on the STEEM Blockchain, brings the writing world together with the world of cryptocurrency. The site was designed as a way to bring together content and social media with cryptocurrency benefits. Their intentions, which did largely revolve around making money, also has a noble focus: keeping censorship out of blogging and social media. It is now a way for people to connect, create content, and make money.
The first thing that most people notice about Steemit is its resemblance to Reddit. Though it doesn’t necessarily look the same, the concept is very similar. On the main page, you can see a wide range of posts, contests, and other creations. Within Steemit, you can filter by what is trending, various communities, glance at all available posts, or even by how much money a post has made. This collective allows you to see a wide range of topics, and more importantly, as a writer, it enables you to potentially experience a lot of visibility.The most notable thing about Steemit, which makes it stand out from other sites, is that you can see a earnings on every single post. This number is designed to show how much money a post has made based on its visibility and the interaction of the audience on the site. STEEM, the cryptocurrency at the heart of Steemit, is generated by every action taken by every user. You can earn STEEM as a reader by commenting, voting, or interacting with content. However, the amount listed on each post is an indicator of how much money the author will actually receive. In general, writers on the site make roughly 75% of the value that is listed on

each post.