The Missing FAQ - A Beginners Guide To Using Steemit

4 months ago by 72 in steemit

Introduction

Joining a new social media or blogging platform can be a daunting prospect particularly if it introduces concepts which you were previously unfamiliar with.  

If you have just joined Steemit and need to have some quick answers then this guide is for you - at least I hope it is.  I have tried to keep things as simple as possible but this will be a work in progress.  

Steemit is a platform that is constantly evolving and will continue to do so.  I will also try to keep this up to date as long as I can.  

I have deliberately used full link URLs to make copying and pasting easier and to allow for there to be a plain text version of this.  

Obviously if you are reading the plain text version you will need to ignore references to illustrations and the like.  Please share and re-steem this if you find it useful.

There is a kitten photo to reward those who can make it to the end.

QUICK START the TLDR version - I can figure things out and I just want to start posting

Whilst I would recommend reading the rest of this post and the whitepaper (https://steem.io/SteemWhitePaper.pdf) if you think you already know enough and would like to get started I would suggest you do this at the very least:

1) Create an introduction post with verification.

2) Promote your post by joining the chat and sharing it there.

3) Upvote and comment on other users work on the various feed pages.  

4) Follow users you like.

The Full Guide

Basic Concepts in the Steemit Ecosystem

What is Steemit?

Steemit is best described as a blogging platform with social media features.  You (or other people) can make posts which people can vote and comment on.  Votes grant rewards to posts in the form of Steem Dollars and Steem.  Both authors and curators (people voting) earn rewards using the Steemit currency system which I cover below:

What is STEEM?

Steem is a cryptocurrency like Bitcoin (https://en.wikipedia.org/wiki/Bitcoin).  It uses a blockchain which is a computer based distributed and public ledger.  If you want to learn more about cryptocurrencies I would recommend reading the Wikipedia page on Bitcoin.  A fixed amount of Steem is produced everyday and this makes up the rewards that are available for posts and curation.

What is a Steem Dollar?

This is a sister currency to Steem that is pegged to the US dollar.  Each SD can be used to purchase approximately 1 US dollar worth of Steem.

What is Steem Power?

This is a special form of Steem.  SP is required to vote on content on the Steemit platform.  The more SP you have the greater the value of your vote.  In order to acquire SP you must either convert Steem to SP by a process called powering up or alternatively earn SP through posting or curation rewards. Unlike Steem, SP is not a "liquid" currency which you can transfer and spend whenever you want.  In order to use it in this way it must be converted back to Steem in a gradual weekly process known as powering down.  This can be initiated from your Steem wallet and happens over a period of 104 weeks.

What are Whales, Dolphins and Minnows?

These are terms that people use to describe Steemit users with different amounts of Steem/SP.  There are no formal definitions.  As the names suggest whales have the largest amount of SP, followed by dolphins in the middle and minnows at the bottom. Where you set the boundaries for each is entirely subjective.  There is a lot of talk about whales because they have the largest voting power and influence on the platform.

Steemd uses a slightly different system which you can see here (https://steemd.com/distribution):

The Basics of Navigation

Your Account Homepage

Diagram 2 - This shows a screenshot of my homepage for illustration

This is your central hub for Steemit. At the top left (A) you will see tabs for the various different feeds such as home, new, hot, trending, promoted and active.  Clicking on them will take you to them.  On the top right (B) is a magnifying glass which lets you search steemit, next to which is the "Submit a Story" button which is used to make a new post.  To the right of this is a symbol of a head which reveals a drop down menu with various quick access options for your account. Finally to the right of this is pictogram of three horizontal lines - this offers links to things like the Steemit Whitepaper.

Directly below all of these you will see your username with your repuation score in brackets. Next, directly below this (C) will be your stats in regards to follower number, post number, and number of people that you follow.  Clicking on either "followers"  or "followed" numbers will take you to a list of each where you can see them and manage them.

Down below these is a black bar with various tabs on it (D).  "Blog" lets you view a list of your posts.  "Comments" shows comments you have made on other people's posts.  "Replies" shows people's replies to any of your posts, comments or otherwise.  Rewards lets you view your author and curation rewards.

The Wallet Page

Diagram 3 - My Wallet Page for Illustration Purposes

This is accessed by clicking on the "Wallet" tab on right side of the black bar on your homepage (E).

This shows you the amount of Steem, Stem Power and Steem Dollars you have along with your estimated account value (M in next diagram).

It also shows your transaction history at the bottom (H).  

Next to each amount for each of your currency types are various drop down menus which are accessed by clicking the disclosure triangles to their right.  For Steem you can "transfer" to another account, "power up" (which converts it to Steem Power). "Buy or sell" allows you to sell it on the internal market.  Finally the "Deposit" option lets you buy Steem using Bitcoins via the Blocktrades service.  There are similar options for Steem Dollars allowing transferring and trading on the internal market and "Convert to Steem" - which converts your SD into Steem internally after a week.

You can also buy Steem or SP using the button (L) which seems to duplicate the functionality mentioned above.

Steem Power only has 2 options - you can "Deposit" using bitcoins in a similar process to that for regular Steem.  "Power down" starts the process of converting your SP to Steem weekly over a period of 104 weeks.

Permissions Page (For security reasons I have not shown this)

This is accessed from the wallet page and is next to your wallet in the tabs (K).  For Steemit you have 4 different keys with both public and private versions.  If you click on the Permissions tab there is an explanation of the role each key serves which I have copied here for your convenience:

Posting: The posting key is used for posting and voting. It should be different from the active and owner keys.

Active: The active key is used to make transfers and place orders in the internal market.

Owner: The owner key is the master key for the account and is required to change the other keys.  The private key or password for the owner key should be kept offline as much as possible.

Memo: The memo key is used to create and read memos.

As stated next to the Owner key for maximum security you should only use it when you have to.  Therefore if you are logging in just to post then you should use your posting key only to do that.  This ensures that if it is stolen or hacked the person who takes it can only post on your account and not actually make any transfers or steal from you.

Password Tab

The final tab on the right (in K). This lets you reset your password and generate a new password.

Posting

The Submit Post Window

Diagram 4 - The Posting Page

This is pretty easy to understand and is similar to a basic wordprocessor. You can toggle the view between .html and the text editor depending on which you prefer using the button to the right of the Editing bar (H).

Editing (G)

Before you post make sure you have checked your spelling, grammar, formatting etc.  If you have made a mistake you can edit your post for up to 30 days after posting.  All your edits are recorded on the blockchain so people will be able to see if you have altered your text after the fact.

Tags (I)

You add tags to the bottom of your post to make them easier to find.  You can use up to 5 tags.  The first tag becomes your main tag category.  Once set this cannot be changed.  The other 4 tags can be edited during the standard 30 day period.  If you post contains any graphic content it should be tagged as "NSFW" - failure to do so can result in other users flagging your post.  Note there is currently a bug where using NSFW as your primary tag can hide your post - until this is fixed ensure that you DO NOT make this your primary tag.  Do not engage in tag spamming - using tags which do not fit your post.  This is another way of getting flagged.

Image Credits

It is beyond the scope of this post to discuss the legalities of what kind of images you should use in your posts.  There are a number of posts that discuss this.  It is a good idea to list your image sources and provide credit.  How you do this is up to you.  If you are claiming credit for images then it is usually expected that you have some sort of verification for this.

How do I add images to my posts?

Steemit does not store any images on the blockchain itself.  Instead it stores links to images. In order to do this those images need to be stored and acessible somewhere else - something called hosting.  I can't list all the potential image hosting sites here but some examples include imagesafe.org and Steem.img.

Personally I always use Steemimg.com which is a free service created by one of our very own Steemit users @blueorgy: https://www.steemimg.com/

What is Promotion?

You can pay SBD to have your post (or someone else's) displayed on the promotion page.  They are ranked according to the amount paid.  It is illustrated in the diagram below as box O.

Posting Rewards

When you make a post on Steemit people are able to reward you by up-voting your post.  The amount earned depends on the amount of SP they have (it is a little more complicated than that but I will cover that later).  The dollar value of your earnings is payed out, half as SD and half as SP.  There are two payout periods one which lasts for the first 24 hrs of the post and the other between 24 hours and 30 days.  You can also now choose to receive 100% of your payouts in SP (J).

The Reward Pool

Since a fixed amount of Steem is prouced every day then the amount available for rewards every day is also fixed.  Depending on how many people vote and curate those rewards are then apportioned to each of the posts.  Although the value of the reward pool in terms of Steem is fixed, the value in terms of Steem Dollars earned by each post will vary because the SD is equivalent to 1 dollar worth of Steem.

Why Do the Earnings for My Post Go Up/Down?

For a few reasons.  People may unvote after voting you up.  The Steeem price will vary throughout the day.  The actual value of each vote is calculated using a prediction algorithm which may differ from the actual value which results from the daily rewards being divided by the number of votes.  When the value of Steem goes up, the rewards in terms of Steem Dollars will increase, when it goes down the opposite will happen.

The actual values on posts are only estimates until the time of the final payout when the actual payout will be formalised.

How do I format text in Markdown?

Most people are familiar with .html but not so much with Markdown. You have to use markdown if you want to format your text in responses. This is pretty easy to learn and pickup.  I found the Markdown Cheatsheet here very useful for this purpose.

https://github.com/adam-p/markdown-here/wiki/Markdown-Cheatsheet

What is Verification?

Verfication is a process where you give evidence to show that you are the person that you claim to be.  This is to reduce fraud and people impersonating well known figures.

There are a number of ways of doing it. You can post a photo or a video (preferably) which shows you holding up a sheet of paper with your handwritten user name on it. You can also verify by posting a link to your Steemit profile on a website which you are already known for running such as a blog, photography site etc.  For more information this post by @reneenouveau covers it very well:

https://steemit.com/steemit/@reneenouveau/verification-and-you-how-why-how-to-ask-and-how-not-be-a-usd-about-it

The Blockchain Remembers So Be Sure Before You Hit Post

Whatever you post on Steemit is on the blockchain forever.  By forever I mean forever.  As long as the blockchain exists then your original text along with whatever changes you made to it will be there. So before you hit POST be sure that you are happy letting your post and the information within it live forever.

How Do I get noticed?

There is no easy answer to this.  As a bare minimum you need to post content that is original, high quality and well formatted.  In addition it seems that having images helps.  Networking via the chat and commenting on other people's posts also helps.  Doing things that help the community and promote Steemit will also get you more attention.  Beyond that a lot of it is down to luck and persistence.  If there were some secret to guaranteeing your posts get a lot of attention I would be using it myself!

Curie, Robin Hood Whale and Steemsquad

It can be difficult to get your content noticed on Steemit as a new user (as mentioned above).  There are various groups on Steemit that have tried to specifically curate content that may otherwise be neglected.  They are called Curie, Robin Hood Whale and Steemsquad.  There are also some older initiatives such as Minnows Unite that aim to do something similar though they don't formally curate in the same way.  I would suggest doing a search and following the appropriate links to find out more.  They also have channels in the chat where you may be able to get further information

Steemprentice - A Mentoring Group

This is a mentoring group for new users started by @sykochica - please see their launch post for more information.

https://steemit.com/steemprentice/@sykochica/steemprentice-steemit-mentoring-group-launch-announcement

What is RocketChat?

Steemit currently does not have it's own messaging system and this role is fulfilled by the Rocketchat service.

It's basically a place for you to talk to fellow Steemit users and share your posts.  Follow the link here.  Always remember to be polite and curteous.  Don't forget to read the rules of each channel before you post or share work.  Disobeying this could get you permanently muted.

https://steemit.chat/home

Curation, Commenting and Sharing

Diagram 5 - The Footer at the bottom of every post - with curation options.

Curation Rewards

By voting on a post which becomes successful you can earn curation rewards.  Currently 25% of the earnings from a post go towards the curators who upvote it.

What is Flagging? (see diagram 6 below from one of today's top posts)

The little flag in the top right corner is used to "flag" posts.  There is no specific rule on when to use this, however, the community consensus seems to be that it should be used in cases of abuse.  This includes situations where someone is plagiarising content, impersonating someone else, or trying to claim ownership of other people's work.  Flagging can make people's posts less visible depending on your reputation compared to theirs.  Use it with great caution and if you have any doubts it is probably better not to flag.  Recently flags have started appearing in the drop down menu which shows votes as a minus sign (previously these would only have been visible on the blockchain).

What is Reputation?

Every user has a reputation score next to their name (see box C in Diagram 2).  Every new user starts off with a figure of 25 (the maximum is 100).  Your reputation goes up when users with a higher reputation vote on your content.  Getting flagged by someone with a higher reputation can push your repuation down and make your posts less visible.  This is a mechanism that is designed to help control abuse of the Steemit platform. Users with lower reputation are unable to affect your reputation.

What is Resteeming? (Box Q)

This is like reblogging or sharing posts on other platforms.  Once your reblog a post it will appear in your feed to your followers as if you had posted it yourself.  Use it conservatively and with caution.  It is great to want to share content you like and appreciate with people you follow but you don't want to annoy them by overdoing it.  Also just because you have a deep interest in "The History of Mongolian Carpetry from 1932-1936" doesn't mean your followers feel the same.

Can I share on Other Social Media?

Yes you can use the share button (R) to share on Facebook, Twitter or Linkedin.

What is My Voting Power Percentage? (See Diagram 7 below)

This is like an "energy bar" in a computer game that gets depleted every time you vote.  You start off with 100% and then every time you vote your power and hence the value of your vote goes down.  This makes the value of the payout from your vote go down.  Think of it as a control measure to stop you up-voting everything you see.  Currently the only way I know of seeing voting power on the desktop is to use Steemd (https://steemd.com/@youraccount)- I believe the mobile client (eSteem) does show it though.

Voting Slider (Diagram 8)

Note that after you reach a certain level of Steem Power you can also use a slider to adjust the weight of your vote - you will start to see this once your SP reaches above about 300. The lower the weight of your vote the lower the payout and also the lower the depletion of your voting power percentage.

What is Following?

Clicking on the Follow button makes that user's posts automatically appear in your Home feed.  It is similar to the way feeds work on social media sites.

Who should I follow?

Anyone you like.  That is your choice.  If you would like platform updates then there is an official account for them here:

https://steemit.com/@steemitblog

Is there a github page for Steemit?

Yes: https://github.com/steemit

Is there an Etiquette Guide for Steemit?

Well funny you would ask that because I wrote one myself lol:

https://steemit.com/steemit/@thecryptofiend/the-steemit-etiquette-guide-illustrated-by-klye

The Technical Stuff, Mining, Witnesses etc.

How is Steem Produced?

Steem is produced by mining using a special version of Delegated Proof of Stake (DPOS) that incorporates proof of work such as that used by conventional mining (e.g. Bitcoin).  The exact specifics of this are beyond this article but can be found in the whitepaper (https://steem.io/SteemWhitePaper.pdf).

How much Steem is produced?

80 Steem are produced per minute by mining.  40 are allocated for miners and the other 40 are used for content and curation rewards.  This is not the total however due to the way interest and other control factors work a total of 800 Steem are actually produced per minute.  For a full breakdown of this please look at p35 onwards of the whitepaper.

What is a witness?

The top 19 witnesses basically run the Steemit network.  They are responsible for storing all the information on the blockchain and keeping it going with blocks being verified in a regular manner every 3s.  Witnesses are elected by other users and earn rewards in the form of SP for their work.

Again I would refer you to the whitepaper in relation to this to get the full details.  I would also suggest these helpful articles by @pfunk and @someguy123 for an alternative explanation.

https://steemit.com/steemit-guides/@pfunk/a-full-steemit-user-s-guide-to-steem-witnesses

https://steemit.com/witness-category/@someguy123/seriously-what-is-a-witness-why-should-i-care-how-do-i-become-one-answer

How do I vote for Witnesses?

Use this page: https://steemit.com/~witnesses

Can I mine Steem?

Yes.  There is a great guide here for ubuntu/linux from user @joseph

https://steemit.com/steemhelp/@joseph/mining-steem-for-dummies

I am also aware of a windows guide by @cryptos (though I have not used it myself):

https://steemit.com/steemit/@cryptos/getting-started-mining-steem-on-windows

Miscellaneous

Are there any Apps for Steem?

Yes there are a lot.  To find them please visit Steemtools : http://steemtools.com/

Are there any Steemit Podcasts?

Yes, these are the ones I know of.  Apologies to those that I may have missed:

Are there any Steem Radio Stations?

Yes: 

Are there any links for Steemit on other Social Media?

Facebook Groups: 

Official Steemit FB page and Twitter:

Is there a Mobile Steem App?

Yes it's called eSteem and you can find it here: https://github.com/feruzm/esteem

What are your favourite Steem Apps?

@roadscape's Steemd : http://steemd.com/

@void's SteemWatch: http://steemwatch.com/

These allow you to analyse Steemit and the blockchain in a variety of ways.  Please check them out.

Conclusions and Apologies

This is a long post by necessity.  I apologise in advance for any typos, errors and omissions.  If you spot any please let me know.

How you can help

Please let me know of any mistakes as noted above.  Also let me know if you think there are any important things that I have missed.  Please resteem this and share it if you think your followers would find it useful.  If you would like to reuse this feel free but please link back to the original post and credit me. I am also happy for the Steemit team to use this post as they please with the same proviso.

Thank you for reading.  All the best - @thecryptofiend completed on 28th September 2016.

Your Reward for Getting to the End

The Obligatory Kitten Photo:

Image Credits: All images are stock photos from my Istockphoto account or screenshots taken from my own account.

If you like my work and aren't already, please follow me and check out my blog (I mainly discuss photography but I do other topics like this too) -  @thecryptofiend 

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, earn $5 of Steem Power
when you Sign Up and vote for it.
Sort Order:  trending
65
  ·  4 months ago

I put together an extensive 53-page FAQ for @ned. It's almost complete, I'm just waiting for him to get back to me with answers to a handful of questions.

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56
  ·  4 months ago

Shoot with the questions, I might be able to provide and answer to some? :))

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65
  ·  4 months ago

I appreciate the offer, but they're all questions that only Ned, Dan, or possibly another Steemit employee can answer. For example, What does Steemit's development roadmap look like?

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60
  ·  4 months ago

Absolutely fantastic as well @shenanigator! I'm going to link this (and @cryptofiend's post) from my homepage at http://www.ibringawareness.com which I'm using in part to help introduce people to Steemit. It's on my business card as well, pictured in my recent "500th Post" post. Well done, thank you as well.

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65
  ·  4 months ago

Great, thank you for sharing it!

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72
  ·  4 months ago

@ibringawareness Thanks that is fantastic:)

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72
  ·  4 months ago

Cool:) I look forward to seeing it.

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72
  ·  4 months ago

Wow that looks brilliant. Just scanning through it, it looks like you have answered potentially any problem that anybody could possibly have and it's really well written too. I will give a more proper read when I have time and am not so exhausted:)

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65
  ·  4 months ago

Thanks. You have some questions here that weren't in mine. Do you mind if I add them to my FAQ? I will link to your post, of course.

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72
  ·  4 months ago

Certainly. I would be honoured. Yours looks way more comprehensive though!

53
  ·  4 months ago

This Is Good Content!
Steemon!

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72
  ·  4 months ago

Thank you:)

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62
  ·  4 months ago

this is the best FAQ I've seen so far thanks will bookmark it and will be sure to pass it around where it's needed.

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72
  ·  4 months ago

Thanks. Glad you like it. It was very tiring to produce and get finished. I just hope there aren't too many mistakes.

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62
  ·  4 months ago

I didn't spot any, but my brainpower is pretty depleted after spending the day trying to work out what was wrong with my laptop and fix it.

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72
  ·  4 months ago

I understand that feeling! I feel pretty similar after repeatedly trying to read through this. After a while you are unable to process anything!

69
  ·  4 months ago

excellent post, very good tools congratulations

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72
  ·  4 months ago

Thank you:)

60
  ·  4 months ago

Super amazing and much needed, thank you. Upvoting, ReSteeming, and studying!

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72
  ·  4 months ago

Thank you:)

62
  ·  4 months ago

Kudos for gathering all those information and making a "steemit for dummies" guide!

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72
  ·  4 months ago

You're welcome. Glad you like it:)

61
  ·  4 months ago

This would have been so helpful when I joined!!! Thank you for the time and effort you put into this!

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72
  ·  4 months ago

You're welcome. It did take a while!

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60
  ·  4 months ago

Haha, ya think...?

64
  ·  4 months ago

Such cute kitties.
Question What happens if you leave your steem without powering down?

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72
  ·  4 months ago

Nothing it just stays in your account.

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64
  ·  4 months ago

So it stays in your account until your ready to power down then takes 104 weeks

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61
  ·  4 months ago

It also grows over time as newly created steem is redistributed to SP holders. Refresh the page on a high steem holder and watch it grow :)

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64
  ·  4 months ago

Ok will do Would be nice to be in that position :)

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64
  ·  4 months ago

I've just done it on your account. Very nice indeed :)

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61
  ·  4 months ago

hah, mine is growing at snail rate. If you want to see real magic check out this one: https://steemit.com/@steemit/transfers

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64
  ·  4 months ago

Oh WOW I want to be him for a week lol how when He only has 1 post, did he buy a lot? It's amazing

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61
  ·  4 months ago

It's the actual Steemit Inc. account, the entire project funding held in there, not used for anything else (no upvoting, posting, curating etc.)

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64
  ·  4 months ago

One day ours will be like that or should say yours will be :)

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61
  ·  4 months ago

mhahahha, you're funny.

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64
  ·  4 months ago

yeah about me not about you lol

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72
  ·  4 months ago

Yes that is correct. Power down happens weekly in parts over 104 weeks.

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64
  ·  4 months ago

Thank you :)

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60
  ·  4 months ago

Liquid Steem (Stm) is sell-able immediately and gains no interest payments, Steem Power takes 2 years = 104 weeks to power down to STM. SBD Steem dollars are sellable immediately and so is Steem Liquid .

Steem Power ( SP )and Steem Dollars ( SBD ) both gain ten percent interest per year paid to you. This interest is paid each month on your acct balance of SP and SBD.

Liquid Steem gets no money as interest payments, so people should consider that factor since every day new steem is mined by the miners as cryptocurrency.

So regularly your entire Steemit account is bleeding away in value, this loss of account value affects everyone Whales, Dolphins and Minnows . . .

For example many years ago a man bought BTC then later he was filthy rich; I include the story link.

https://www.theguardian.com/technology/2015/dec/09/bitcoin-forgotten-currency-norway-oslo-home

So no matter how rich a Whale might be in 2016 they must keep using the Steemit platform or their cryptocurrency will just dissolve over time . . .

Plus every vote a Whale makes makes so Minnow or Dolphin more powerful, so over time the most talented people who consistently use the platform will become the most rewarded : )

Unless of course I am mis-understanding Steemit platform mechanics ; )

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64
  ·  4 months ago

You know way more about it than I do :)

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60
  ·  4 months ago

oh actually that is truly 99% of what I know, honestly I love Steemit but I cannot understand how it all works . . . When I start trying to work out the connection between STM and SP and SBD my head nearly explodes ; like income Tax i just accept it as a reality that allows me to use the platform ! ! !

Hopefully Steemit will make it into the big leagues and when I am Rich and Powerful I will find whatever professional politician vermin is free loading @ 10 Downing Street and kick them out so they can pan-handle selling flowers on traffic lights intersection corners . . .

Truly ; WORLD DICTATOR is going to look SO KOOL on my Gold Embossed Business Cards ...

60
  ·  4 months ago

People should always vote at 100 % unless they have huge amounts of Steem Power, the ' bosses' do not like simply huge numbers of votes. In fact they nearly crippled the voting rules recently, so please vote for what you like but just do not vote en-mass , hugz ; )

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72
  ·  4 months ago

I think you are mistaken. The voting rules are unchanged - the hard fork did not implement any changes to the voting due to the response to the proposed changes. You are free to vote as before.

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60
  ·  4 months ago

yes that is true, until the bosses get irritated again, they simply did not change the rules THIS TIME around... hopefully they do not see a reason to make such changes...

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72
  ·  4 months ago

I don't think they will do anything if the community are completely opposed to it.

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60
  ·  4 months ago

I love the premise of Steemit, and I thank the bosses for making such a novel platform; but seriously having a Social Media website where people cannot network and connect with thinks like voting or whatever you want to call recognition's is just plain almost pointless . . .

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72
  ·  4 months ago

Do you mean with instant messaging? I think it is already being worked on and just needs to be implemented.

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60
  ·  4 months ago

(nesting is 6 deep = i reply here) oh yes I need to speak with others in private lol, but making people only have 5 votes per day was just silly. People need to share the love around and to also feel the love, taking the social out of steemit would not have been a smart move by reducing voting power . . .

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72
  ·  4 months ago

The whole point is that it isn't 5 votes per day now.

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60
  ·  4 months ago

(nested 6 deep = I reply herein)
Yes you are correct, but they really frightened me with such a suggestion (of going to a 5 vote per day system) so I try and discourage Steemians from making a lot of daily votes . . .

I just wanted to say if your going to vote vote at 100 percent power so your vote might actually mean something; it is pointless voting 20 times per day on 20 posts if that just rewards one cent.

People have earned their voting power they should use it lol, unless they are like Dolphins on steroids with tens of thousands of SP ! ! !

Again ; thank you for such a wonderful post . . .

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72
  ·  4 months ago

No problem. I understand your concerns about it. I generally vote at full power for posts with low amounts and a lower percentage for higher valued posts. If they have earned a lot my 1 cent really doesn't matter so I try to conserve it for those that do and where it will make most difference.

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60
  ·  4 months ago

Oh thank you for understanding me, and truly that is a GEM of an idea. Lowering voting power for richly paying posts, NEVER thought of that.

You see this is the power of " natural selection " in action, it is ideas like that that make you a Reputation 64 and myself a Rep 54 . . .

' Mother Nature ' works on survival of the fittest so only strong genes are passed on and it looks like that on Steemit as well ! ! !

It is by networking that random retards like me can learn things to ultimately become a powerful force on Steemit.

When I become WORLD DICTATOR a lot of Dolphins and Whales are suddenly going to find themselves sent to the SALT MINES to use little hammer to break up BIG ROCKS : )

Seriously , thank you for the voting power tip ; )

60
  ·  4 months ago

Excellent post! Thanks for putting it together! :)

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72
  ·  4 months ago

You're welcome. Thank you for your support:)

64
  ·  4 months ago

Superb post @thecryptofiend!
You shown all the points from A to Z in a beatifull well-arranged manner.

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72
  ·  4 months ago

Thanks. Glad you like it:)

62
  ·  4 months ago

Wow, such a great guide that landed in my feed when i needed it most. Thank you! :)

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72
  ·  4 months ago

Glad you like it:)

66
  ·  4 months ago

that is great! resteemed

61
  ·  4 months ago

very cute!

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72
  ·  4 months ago

Yes the kittens are chosen especially for their cuteness!

51
  ·  4 months ago

So detailed!! Thank you so much :) I'm not a newbie anymore but that's the most complete guide ever. Congrats!

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72
  ·  4 months ago

Thanks. I'm pleased you like it:)

63
  ·  4 months ago

Nice article. Just the thing I need in my feed. Thanks.

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72
  ·  4 months ago

Thanks. Glad it helps.

65
  ·  4 months ago

These guides in plain language are a huge asset to new people to the whole blockchain and crypto thing, -- TY so much for all the work, -- sharing this on all my SM platforms, resteemed and upvoted. Followed you also, I have seen your name for awhile now!!

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72
  ·  4 months ago

Thanks that is very kind of you:)

50
  ·  4 months ago

Wow...working together....looking forward to see the changes. Good work

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72
  ·  4 months ago

Thank you:)

44
  ·  4 months ago

Great post and just what I needed to know for just about anything here :-)
Followed some of the links so have a lot more reading to do.

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72
  ·  4 months ago

Thank you:)

48
  ·  4 months ago

You are my newest Hero @thecryptofiend! <3

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72
  ·  4 months ago

That is very kind of you to say:)

60
  ·  4 months ago

Thank you I will be sending this to people who ask me about steemit! Good work :)

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72
  ·  4 months ago

Glad you are finding it useful. Let me know what they think:)

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60
  ·  4 months ago

I'll let you know if they let me know :)

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72
  ·  4 months ago

OK lol:)

67
  ·  4 months ago

I've been thinking about this, is it Steem Power or vests that effect my voting power?

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72
  ·  4 months ago

Technically it is VESTS but they are the same thing as I understand it. That is how SP is represented on the blockchain. On my mining PC I get paid in Steem Vests. That is my understanding so please feel free to correct me if I'm wrong.

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67
  ·  4 months ago

I'm thinking about this because I've been powering down for a couple weeks. I noticed I could pretty easily get the amount of SP I powered down from posting and the high interest rate on SP.

So for example last week I was given 62 or Steem, I easily got that back from interest on SP alone.

But if I didn't post or upvote anything my Vests DON'T go up, BUT MY STEEM POWER still does.

I notice during one week of Powering Down I did not earn back the same amount of Vests I had given away. But I had earned it in Steem Power.

This happens because Vests cost more and more everyday.

Ultimately my dilimma is this, if it really comes from SP, then Powering Down isn't a problem, because I make more in a week than I Power Down. So every week I have more SP. But if it is from Vest, then I will probably stop for a while, because earning the same amount in Vests after a power down is getting more difficult with the decline in the cost of Steem.

A longer comment then I planned, I hope my question or thought is clear.

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72
  ·  4 months ago

Ultimately my dilimma is this, if it really comes from SP, then Powering Down isn't a problem, because I make more in a week than I Power Down.

In theory if you can make enough from posting then you would be able to make up for the lost vests from powering down.

But if it is from Vest, then I will probably stop for a while, because earning the same amount in Vests after a power down is getting more difficult with the decline in the cost of Steem.

I think you've hit on the issue in your post and have reminded me of something. The amount of VESTS that are equivalent to 1 Steem and hence 1SP vary and so whilst SP power is expressed as VESTs on the blockchain it is not a direct fixed or 1:1 ratio. There is a way to check it but I can't remember right now.

Perhaps someone who is more of an expert on the inner workings of Steem may be able to help and confirm this.

60
  ·  4 months ago

A great guide - thanks a lot for writing it! For one, now I know how resteeming works - no naturally, I resteemed your guide :)

I've also bookmarked it.

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72
  ·  4 months ago

Lol. Thank you:)

65
  ·  4 months ago

1 - Hi again, I did notice a couple mistakes, but this is so long and complete, I scanned the most urgent things I am trying to learn. I will try to get them to you later for edits, they were super minor anyways but I am usually a spelling guy lol.

*2 -- this is one of the best 101 tutorials I have seen! So I do not get people mad or have them flag me, what is the best way you would like/recommend so I can write my own post on this, copy some of your info, and then upfront link back and give you the credit? This is new to me, I do not want to get flagged and trying to make it clear here, so as to not upset people or you. TYIA!!!

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72
  ·  4 months ago
  1. Thanks let me know of the typos and I will change them.

  2. Glad you like the tutorial. I'm not sure I understand what you are asking? Do you want to do a tutorial on the same subject or something else? Unless you are doing something different I am not sure what the purpose would be.

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65
  ·  4 months ago

These comprehensive 101's are hard to find for us new people -- there are 100 things to learn. So I was thinking do my own short post titled something like 101 - something easy for me to find myself again, plus my friends are now starting to sign up and come on. So something those new people with nobody else they know yet on here to find and use -- plus the other people. There is so much good content in your stuff, and on here daily, it would really be good (as a newbie, I think) to basically see one of these posts come up every day on here for 101 related stuff. That is JMHO. I would then link it back to the author of the 101 content like you asked, who knows more than us newer folks. I will take your direction.

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72
  ·  4 months ago

OK so you mean just linking to posts you like or find useful?

I don't think anyone will flag you for that. Some people are already doing that sort of thing - posts which cover their picks or favourite reads. As long as you give proper credit then it is fine. I think people object if you just start copying and pasting others work as your own. If you are simply linking back to the original material it is fine.

65
  ·  4 months ago

Cool... this is really helpful....

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72
  ·  4 months ago

Glad you like it and found it useful.

65
  ·  4 months ago

EDITS/CORRECTIONS for you i promised, in part:

1 -- ".... For Steem you can "tranfer" to another account, "power up" (which converts it to Steem Power). " TRANSFER/SP)

2 -- ".... In order to do this those images need to be stored and acessible somewhere else - something called hosting." ( the I in IN could be adjusted/left justified back one space

3 -- "......The dollar value of your earnings is payed out, half as SD and half as SP. ( Paid out/ not Payed // SP)

4 -- "....You can pay SBD to have your post (or someone else's)displayed on the promotion page." ---- end bracket - shift over 1 space

---- Brother I will leave it there for you, for now. I do not want to upset you LOL, I figure if the Blockchain records all edits like you taught us here, you can make mass changes at once and it might show one edit?? IDK, I am new. If so - mass changes will help you in that regard. Best wishes and TY for your help and ideas and support, we need it! Sincerely, a tiny Minnow lol.

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72
  ·  4 months ago

Thanks for your help. I will look at doing those later now as is 2.30 am here. All the best:)

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65
  ·  4 months ago

NP friend, you must be in the UK, or similar, that is 5 hrs difference. Have a nice week and TY again for everything.

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72
  ·  4 months ago

Yes I am in the UK you are very kind. Thank you for your help:)

73
  ·  4 months ago

Oh my Dog, this is amazing! Holy chipmunk chins! You've outdone yourself!

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72
  ·  4 months ago

Thank you. I just hope there aren't too many mistakes. I'm sure I will start to notice more and more as time goes on. At least now we can edit for a whole month.

50
  ·  4 months ago

@thecryptofiend Upvoted and followed! This is a great post and was chosen to feature on the front page of today's 'Steem Talk' edition: https://steemit.com/news/@steemtalk/steem-talk-your-daily-best-of-steemit-digital-newspaper-wed-evening-edition-22

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72
  ·  4 months ago

Thank you. I will check it out:)

70
  ·  4 months ago

This is you doing the work of the gods sir. Awesome stuff!

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72
  ·  4 months ago

Thank you that is very kind:)

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72
  ·  4 months ago

Thanks I will check it out:)

64
  ·  4 months ago

Kittens, yes, thank you!! <3 Very informative. :-)

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72
  ·  4 months ago

This has been suggested before. I can't remember the exact reasons suggested why it wouldn't work - I'm sure someone will let you know in your comments. Also be careful posting links in comments that have nothing to do with the actual post - you may end up getting flagged.

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42
  ·  4 months ago

I remember few days ago @nextgen622 posted an article about customer retention- https://steemit.com/steemit/@nextgen622/addressing-steemit-s-retention-problem-lessons-from-a-former-cafe-owner

This proposal is the best retention to steemit users.

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72
  ·  4 months ago

This won't work. If you just pay people automatically based on their rep then their will be no quality control at all. Someone with a good rep who churns out complete rubbish will still get paid so there will be no incentive to stop. The whole way that Steemit is designed has been well thought out. It isn't perfect but no system is. There is almost always a fatal flaw with these kind of easy fixes.

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42
  ·  4 months ago

If such reward system will be implemented, rules must be design to avoid abused. There are lots of genius in the platform who can design and make that rules.

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72
  ·  4 months ago

There are lots of genius in the platform who can design and make that rules.

That's not a real answer.

69
  ·  4 months ago

Man this is some great in depth stuff!!!

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72
  ·  4 months ago

Glad you like it:)

67
  ·  4 months ago

This is an absolutely awesome and in depth guide! Thank you so much for putting this together!

I'm totally including this in the Steemprentice resources and have a couple of newbie friends I'm tossing it to! Excellent work and Thanks again!

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68
  ·  4 months ago

You beat me to it! :D

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72
  ·  4 months ago

@sykochica Thanks for your support. I've actually been working on this for a few weeks but was never quite happy with it. Finally I just decided to try to finish it and get something out so that people could have a guide. If you have any suggestions on improving it please let me know:)

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67
  ·  4 months ago

It's looked very full on! But I'll let you know if anything sticks out for me or seems lacking. If it's helpful here's the Steemprentice FAQ on google docs. There's some crossover, but having some of the formatting examples has been helpful. That reminds me, I need to add my list of steemit.chat channels I use for promotion in there! :P

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72
  ·  4 months ago

OK thanks:)

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72
  ·  4 months ago

@runrudy Thank you. I have struggled with the organisation and changed it a few times so I'm glad you like it.

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65
  ·  4 months ago

This is really helpful. I have been here for a couple weeks and this is a plethora of needed information. I bookmarked this. Great job and very clearly organized! Cheers!

66
  ·  4 months ago

I would like to read such an article 2 months ago. Resteem. I hope it will help new users

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72
  ·  4 months ago

Thanks:)

53
  ·  4 months ago

Resteeming. It is definitely useful, and other new users such as myself will find it pretty useful too. Thank you.

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72
  ·  4 months ago

Thank you I'm pleased you think it is valuable.

61
  ·  4 months ago

As a newbie to Steemit this week this post was incredibly timely and helpful! Thank you so much and I look forward to following :)

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72
  ·  4 months ago

Thank you. I'm glad you found it useful that was my intention:)

59
  ·  4 months ago

This is a very clear and detailed explanation of the site and its workings and controls. Great work @cryptofiend, this document shows your hard work and diligence for providing information to help new members in our community ! upvoted it 100 percent

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72
  ·  4 months ago

Thank you so much for your kind words:)

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59
  ·  4 months ago

well no problem doing good work @thecryptofiend. Wow I wish my comment sections would breathe with thought and input like yours !! fantastic for you to have so much interest in your post !! I am pushing info stuff which i feel really important, simple posts not looking for votes but i want comments and debate. But nothing comes makes me feel a little disappointed that nobody wants to talk about how we may go to war with Russia soon by example. No interest for that is scary no?

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72
  ·  4 months ago

I think it is a case of people being very busy rather than not wanting to discuss things but I agree it is sad if there is no discussion.

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59
  ·  4 months ago

yeah sure is @thecryptofiend. Too busy voting and running around the sections without time to analyze or watch or read really the stuff !! I can barely find our thread in your comment section, luckily the new colour highlighting of parent comment helps alot eh??

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72
  ·  4 months ago

That is really helpful - I always used to lose my place:)

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59
  ·  4 months ago

me too man !! )))) so we see once more that things are changing for the better on this site !! steem on @thecryptofiend ; - )

68
  ·  4 months ago

good stuff. I shared on other social media platforms as well.

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72
  ·  4 months ago

Thank you so much:)

69
  ·  4 months ago

@thecryptofiend upvoted and resteemed
I wish someone posted about this when I first came here. It's very helpful - I had no idea what I got myself to and had to read a great lot but then that was also good - but this makes it easier to understand what Steemit is.
I had no copy of the whitepaper - happy you posted a link to it.
Thank you very much!

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72
  ·  4 months ago

Thanks. Glad you found it useful.

The whitepaper is also available if you click on the symbol in the top right corner that looks like 3 horizontal lines.

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69
  ·  4 months ago

@thecryptofiend, I see - all the while it's actually in that hamburger icon.
Thank you again. I didn't know what on earth that means so I never checked it out - hubby laughing at me now (shys)

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72
  ·  4 months ago

Lol - hamburger is a good way of describing it:)

64
  ·  4 months ago

@thecryptofiend - all newbies are blessed to have this post. Wish something like this clear and concise existed 2 months ago. What's better is the comments it generated as we all work through our understandings of everything steem. Thanks for getting this going!

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72
  ·  4 months ago

Thank you. I'm pleased you find it useful.

60
  ·  4 months ago

As a newbie to Steemit i must say this is the best article I have read to date. Absolutely brilliant and saved for future reference

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72
  ·  4 months ago

Thank you. It was my intention to be useful for the new people:)

56
  ·  4 months ago

Awesome post! Thanks for this information.

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72
  ·  4 months ago

You are welcome:)

54
  ·  4 months ago

This post has been linked to from another place on Steem.

Learn more about linkback bot v0.4. Upvote if you want the bot to continue posting linkbacks for your posts. Flag if otherwise.

Built by @ontofractal

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72
  ·  4 months ago

Thank you for the information.

27
  ·  4 months ago

Thanks, that definitely helps clarify some things.

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72
  ·  4 months ago

You're welcome. I'm glad it helps.

65
  ·  4 months ago

You have done exceedingly well on this post and deserve every cent you make. Absolutely phenomenal job for explaining all there is to know about Steemit in one neat, concise little package. Will be bookmarking this as a reference point for others to read should they have any questions.

Brilliance and sheer class. Just wish I could vote for you twice, lol!

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72
  ·  4 months ago

Thank you you are very kind. I actually exhausted myself doing this and responding to the replies but feedback like yours makes it all worthwhile. Thank you for all your support and kind words:)

62
  ·  4 months ago

i am new to steemit really and i am readily confessing each time how much i need help. i enjoyed your post. i admire your formatting etc and passion to help showed. thank you alot. i didnt small upvoting. i know i dont have that much steem power or steem dollars but i hope does you some good. on your post tho i wanted to check something to see if it is very correct cos based on my experience with most of my posts, it is obvious that one doesnt have up to 30 days to edit posts. i think the 30 days time frame has more to do with how long you have to earn on a post. i believe after 24 hours since you have posted, it becomes very impossible to edit a post. it does give me error every time i try and many times it isn't really clear what the errors are but it does usually show an error saying you can't edit after 24 hours after post was uploaded

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72
  ·  4 months ago

Hi thanks for voting. Every single vote matters and to me the comments are just as valuable. The editing after 24 hours is now working. Previously you couldn't edit after 24 hrs but it is now possible. I just checked on one of my older posts - try again it should work for you too. Let me know how you get on.

43
  ·  4 months ago

Simply an amazing read for all newbis!!! A must read!!!

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72
  ·  4 months ago

Thank you for your kind words:)

66
  ·  4 months ago

so great, thanks so much! answered a few of my questions!

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72
  ·  4 months ago

Thanks. I'm glad it helped:)

52
  ·  4 months ago

Thank you very much for the information. I just recently joined and it's not easy to find people who are willing to explain things here. I wish there were some way to pin this post to the top of my blog because I know I will need to refer to it again and again. This place seems very interesting, but also hellishly complicated. I'm not sure is if this is the place for me or not. We will see. One question that I do have is that I use a speech dictation system to do my writing. I have noticed that as soon as I write text in the box, I need to immediately move my cursor, or the text disappears very quickly. I think it has something to do with the fact that I'm using a speech dictation system to create the text and not a keyboard. One thing that you could include in your frequently asked questions is exactly what you need to do to make the post button light-up. I gather that the post button doesn't lightup until you added least one keyword to the post. Is that correct?

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72
  ·  4 months ago

I gather that the post button doesn't lightup until you added least one keyword to the post. Is that correct?

I think you are correct there. I've never used dictation software so I haven't really noticed. Could you give me a it more detail on the problem? Are you using just regular dictation software or is it some special kind? This would be useful information to have and both for users and for the Steemit team to enhance accessibility features.

Could you possibly do a post on it? It is an important issue and if you are able to post let me know and I will try to do all I can to promote and share it so that it can get attention and obviously I will add any updated information to my post too.

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52
  ·  4 months ago

Yes, I can do a post on it provided that I can get the text to stay in the box. As I said, sometimes the text just disappears two seconds after I enter it into the rectangular box on the website even if the post button lights up, so every time I post, I'm not sure if I'll be successful, but after two or three tries I usually manage it. The software is Dragon Professional Individual. It's not a special kind of dictation system. As far as I know, it's the number one speech dictation system on the market today. I think it's the most widely sold speech dictation software. For example, if you go into Best Buy, and ask for speech dictation software, that is what they will pull off the shelf and hand to you. I have the premium version, and what's available at most electronic shops is the home version, but it's still a version of Dragon software.

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72
  ·  4 months ago

Yes I'm familiar with it. Please try to do a post on it - it will have more chance of getting attention from one of the dev team than posting in this thread.

25
  ·  4 months ago

Insightful article for a beginner. Noticed one small typo: gihub instead of github at "Is there a gihub page for Steemit?". Cheers!

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72
  ·  4 months ago

Thanks they can be really hard to spot:)

55
  ·  4 months ago

This is super helpful, thanks for posting! I'll be sharing it with my friends who're just getting started on Steemit.

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72
  ·  4 months ago

Great. Thank you:)

54
  ·  4 months ago

Thank you. It's very easy to understand and clear (almost :)) - my regards. Followed.

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72
  ·  4 months ago

Thanks for reading and commenting:)

53
  ·  3 months ago

Thanks a lot, @thecryptofiend. I'm a very new here and I wish I could had someone beside me to explain how everything works here and moreover explain in russian)) but you did a really great easy-reading job! I'm inspired to move further.

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72
  ·  3 months ago

Thank you. I'm glad you found it useful. That was my main reason for doing it and comments like yours make it worth all the effort:)

61
  ·  3 months ago

How many steem is in the fixed amount of Steem available for rewards every day ? And a very good job on this

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72
  ·  3 months ago

About 1.1 million are produced every day if my calculations are correct. I'm not sure how much of that go to rewards though - I would need to recheck the white paper.

58
  ·  3 months ago

Ask and you shall receive! HA! I was wishing I had a breakdown of information for this site and voila! There you were, thanks so much for your work, I value it immensely, as I am on a learning curve with Steemit and not really fully understanding the technical aspects of the white papers. My artists brain hurts when I try to download technical jargon into it. I know I can expand my comprehension with this type of info, perhaps it will sink in with repetition! lol thanks again for a simplified version!

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72
  ·  3 months ago

Thanks really glad you like it:)

55
  ·  3 months ago

Typo : What is Verification ? Verfication is a process / Verification is a process.

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72
  ·  3 months ago

Well spotted. Unfortunately I can't change it without messing up all the formatting because the new update won't let me edit the HTML! I will change it in the next update (assuming I can remember).

66
  ·  3 months ago

How'd I miss this? Amazing job.

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72
  ·  3 months ago

Thank you:)

62
  ·  3 months ago

Such a good post. Thanks for doing this up @thecryptofiend

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72
  ·  3 months ago

Thanks:)

30
  ·  3 months ago

thank you so much for this information. reading it was HIGHLY informative and helped me enormously - I will revisit you page a couple of times - you have put a WEALTH of great hints in here - :)

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72
  ·  3 months ago

Thank you so much for your kind words. I am really glad you found it helpful. Please let me know if you notice anything that is missing or not explained and I will add it next time I update it.

53
  ·  3 months ago

2 Questions:

  1. Do your SBD still collect 10% interest when in SBD savings account?

  2. Does your STEEM POWER still collect interest when powering down? - what is the point of staying powered up?

  • Thank you very much.
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72
  ·  3 months ago

Do your SBD still collect 10% interest when in SBD savings account?

As far as I know - yes but this is a new feature and I am not a programmer. The feature is mainly designed to protect people from having funds stolen if their account is hacked.

Does your STEEM POWER still collect interest when powering down? - what is the point of staying powered up?

Yes.

53
  ·  3 months ago

Excellent work very informative. it will help newbies like me.
There's just a typo error in the topic reward pool. thanks for this very helpful :)

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72
  ·  3 months ago

OK thanks for letting me know. There are a couple I need to fix I think. I will do an updated version at some point with the new changes in.

25
  ·  3 months ago

Excellent resource all in one place. I'm building Steem mining on Linux in another window, excited to get started.

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72
  ·  3 months ago

Cool. It might be hard to get blocks though. I stopped mining because someone has taken it over using a private GPU miner. It is still worth doing it just to learn more about how the Steem blockchain works though:)

26
  ·  3 months ago

That was a great information

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72
  ·  3 months ago

Thanks:)

25
  ·  3 months ago

Thank you for sharing! This helped out a lot, it answered most of the questions I had about steemit. Cant wait to start contributing!

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72
  ·  3 months ago

Thank you. That was exactly my hope. Welcome to Steemit:)

30
  ·  3 months ago

Thank you very much for the article - great job, very helpful.

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72
  ·  3 months ago

Thank you. I'm glad it was helpful for you:)

33
  ·  3 months ago

Thank you for this article! It’s amazingly helpful, genuinely appreciative here.

Please forgive me as I’m new at this and see no way to send you a direct message but since you asked us to point out any mistakes in this brilliant article (and if understand correctly that time is quickly becoming a factor): 1) Under “Diagram 2”, second paragraph, you typo’d reputation as “repuation” and 2) Under “The Reward Pool” you typo’d produced as “prouced”

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72
  ·  3 months ago

Thanks for letting me know:)

33
  ·  3 months ago

Hi,

Just created my account and love this place, especially the fact that can't be censor or "curated". Hope it gains momentum and replace the other social networks the sold out to nefarious interests.

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72
  ·  3 months ago

That is what we all hope. Thanks for coming on board:)

32
  ·  3 months ago

This must be so elementary that no one needs instruction but me, but I will ask anyway. I don't see any thing on the 'posting' editor for uploading video. Can some one steer me. Thanx

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72
  ·  3 months ago

Yes just post it like an image link so the format is

![Name of link](Youtube Link)

it is in my Markdown guide too.