Wallet Introduction Tutorial on Steemit Platform

As fellow users steemit often I get some friends who do not understand about the use of wallet, in the steemit mplatform. Well, on this occasion I want to explain a little what is a wallet, what is contained in the wallet and how to use it, let's together we discuss it here.

Wallet

Wallet is also called a wallet, which functions similar to the existing wallet on other cryptocurrency platforms. In this case Wallet can be defined as our place to view earnings results of our account balance starting from Steem, Steem Power (SP), Steem Dollar (SBD), Savings, and until can see History every transaction that we do.

Here's the introduction and explanation:

1. Steem

Steem is the name of the currency owned by the Steemit Platform, as well as Bitcoin, Ethereum, Bitcoin Cash, and other currencies on other platforms in Blockchain Technology in the form of digital currency.

Steemit Platform provides a tool to generate Steem, which is all activities in steemit either from posting, Comments, Vote and resteem, will directly give an effect that can create Steem digital money for ourselves, assuming we are mining money with the work / our business during the activity in steemit.

Steem's digital currencies have high Value levels, like any other digital money that can be exchanged, bought, sold and durable, so it becomes a worthy trust to own that ultimately results in the value of steam being valuable. The value of Steem comes from people who believe it to be a buying tool, when there are people who buy steam, then the value comes up in line with demand and supply, if demand increases then the steam price will go up, and when the offer the steep price increases will decrease.

2. Steem Power (SP)

Steem Power is the amount of power or power in doing Upvote, if it has a large Steem Power, then each upvote to the posting will get great results also on the post. Steem Power is obtained from the writing, Upvote, Comment and Resteem in posting other people or in our own post.

First time sign up usually new account will get +15.000 Steem, which is listed under Steem Power. If clicked the arrow next to the steam power will be displayed "Steem Power Delegated to this account", meaning that each new account sign up will get +15.000 Steem Power for a while, I think this is a loan due to every claim the results of posts that have been (7 days post age) will be split 50% to Authors and 50% to Steem Power. So from the 50% Steem Power result will move to Steem Power wallet and will automatically reduce the result of Steem Power of the loan (+15.000), in the end an account will actually have own Steem Power if the loan is gone.

3. Steam Dollars

Steem Dollars is the sum of Dollars generated from making posts, performing Upvote and Comments on their own posts and other people's posts.

Where do we get it?

If we do post and choose the Default option (50% / 50%), then the result of the post will be divided into 2 (two) divisions ie 50% division in Steem Dollar (SBD) and 50% in Steem Power (SP) , if you choose 100% then all post results will move to Steem Power and there is no residual bit to SBD (Dollar steem).

These three Steems are the result of all our efforts in the steemit platform, and we can enjoy it anytime, maybe next time I will explain again how to enjoy the results by transferring steem to Rupiah and then can be sent / entered into Bank account we have.

4. Saving

Saving is an additional security if every account that we have you is disturbed, then if it overwrites your account, the next action that must be done is immediately transfer your Steem or Steem Dollars into Savings, the action you should do is simply click the drop arrow down next to Steem or Steem Dollars, then click "Transfer to Savings".

5. Estimated Account Value

Estimated Account Value is the estimated value of an account, calculated from the current Steem market price times the amount of Steem, plus the Steem Dollars amount of the account.

6. History

History is the place where we can see all transaction activity, starting from the income of SBD and SP, Funds Submission, and all expenses and income can be checked this history, which is located at the bottom of Wallet.

So many of these discussions I can share, otherwise we will continue on another subject matter, if there are things that have not been understood or there are deficiencies in my writing, would it be possible to be questioned and shared with the following comments very wisely.

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Posted on Utopian.io - Rewarding Open Source Contributors

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