How does STEEMiT? Many will come in handy to know!

in #steemit8 years ago

Interface

Purse is something like a WEB purse, where you will see the following:

Control Panel with the recommended fasts (Recommended), your blog (Blog), your messages (Posts), replies to your messages (Replies), your wallet (Wallet) and security permissions (Permissions)

Certainly in your wallet as there are such items as Balance (Balances) that shows your current balance. Let's look at them in more detail below!

History (HISTORY) - shows just your previous transaction, whether it is getting characters from the stock exchange, transfers from the users, the reward for your posts, and so on ...!

Your wallet (Wallet)

In the wallet you have the following balances ...

STEEM - Steem, tradeable tokens that may be transferred at anytime.

STEEM - Steam traded coin, which can be transferred at any time, anywhere

Steem Power, influence tokens that earn more power for holding long term and voting on posts. The more one holds the more one can influence other’s rewards and earn rewards for accurate voting.

Transfer - transfer tokens to another person. This is in payment systems transfer money to other people, just like commissions here as there. (At least I deduced SBD (Steem dollars), and the stock market fell full withdrawal amount). This is one reason why Steem - payment system is amazing! You can transfer large amounts of commission free! The only problem with the exchanges, as there will be filmed Commission.

Actions with STEEM:

Transfer - Transfer the coin to another person
Power Up - Translation Steem in Steem Power (Instantly)
Deposit - replenish Steem through Bitcoin (in the future there may be more cryptocurrency!)
Buy or Sell - Buying or selling via the built Steem Exchange (Market)

STEEM POWER - Steam power. Roughly speaking we can say that it is also the incentive, but with the difference that they affect your reputation and voice (husky or as they are called apvoty - upvote), also affect the income received award for coaching (support for other posts or curation reward)

Steam power can be converted into Steam for 104 weeks (2 years). Every week, in equal installments on your balance will come to the incentive in the amount of about 0.95% (about one percent).

Actions with STEEM POWER:

Power Down - Translation Steem Power in Steem (within 104 weeks!)
Deposit - replenish Steem Power through Bitcoin (in the future there may be more cryptocurrency!)

Actions with STEEM Dollar:
Transfer - Transfer SBD another person (As usual translation)
Convert to STEEM - Translation SBD in Steem (for 1 week on the last day of course!)
Buy or Sell - Purchase or sale of SBD via the built-in Exchange (Market)

Why Steem Dollar - SBD? - Because a ticker on the stock exchange Bittrex, so I call them so.

Estimated Value - Estimated (!!!) the value of all your assets! (STEEM + STEEM POWER + SBD). Firstly there is shown averaged rate for the past 7 days on the exchange markets. If such rate was 3 the last 7 days, and today jumped to 5, do not be surprised that the exemplary multiplier will be 3.2 instead of 5.

History (HISTORY)

At the bottom of your purse, you can contemplate the history of your transactions (transfers) from you and to your account. These awards for articles, comments and supervision (Curation reward).

Frequent vopos

How is rewarded article?

75% - to the author
25% - all voted (one big steem power - what more one small - to less)

With above 75% to the author, 50% is given as an SBD (Steem Dollar) and 50% in the form Steem Power (at current exchange rates).

Example: you receive $ 100, you get a total of 37.5 SD + 12.5 STEEM POWER (at the current rate of 1 STEEM = 3 USD) + $ 25 is distributed among all who apvotil article.

How is rewarded upvote article?

When you vote for someone else's article, it rises higher. You get 25% of earnings from all over the article. But with one condition - the income of 25% is divided among all who voted and counted STEEM POWER weight.

Example: Let's imagine that 3 people have voted and the article won $ 300 (rare or almost impossible scenario but fuck example descend)

Article gained $ 300 and 25% = $ 75. One such human Steem Power = 1,000,000, 250,000 in the second, the third 100.
As a result, the first receives $ 62, second gets 12 and third gets $ 1.
Here is a tusnya :)) Figures taken from the ceiling just to explain the example, the only difference is that the code will be voted hundreds of other $ 1 is converted to 1-3 percent in the best case.

Therefore, the more the more STEEM POWER UPVOTE get with someone else article.

And it makes no sense to vote in more than 20 articles per day. Why - below

I am in favor apvotil article, but I do not give?

An important rule apvota. If you vote immediately after the article published (up to 15 minutes) you give 100% of their votes. If you vote from 15 to 30 minutes - to give 80% or so (the exact number can not remember). So it makes sense that if you vote from 1 to 15 minutes - the award for apvot do not get it. After 30 minutes there like 50 to 50.
But there is another problem creeps. The sooner you vote for an unpopular article and it will become a mega-popular the more you get! Therefore, ideally 16-17 minutes to vote in any article + article is not yet won a lot of money. It garanatiya fact that you get a reward.

Also remember that your voice is scattered on the number of votes taken. Under the old number 20 by default. That is done apvotov 10, each of which is divided by 20 votes 25 - each your voice is divided by 25. 20 - is a happy medium!

And thank you to everyone who alone does upvote :)

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Good information, would've been better if spelling and grammar mistakes were checked.

@victorrabec, thanks for your blog, I could get clarity about the wallet. And I just did my first tiny transaction of an insignificantly small amount. I am still learning and your blog helped. A big thank you to you. 😊

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