@kenhudoy, the answer to the first question is published in another comment.

As for the second question, @sophtcodr has indeed published a nice link to our product description: https://rados.io/posts/what-is-rados

The difference between steemit and rados is that steemit is a finished platform that won't see any new development (Dan Larimer has moved on to work on EOS), and Rados will keep getting better with each product update. The two platforms also have a different audience focus. Steemit is more about general discussion, like poetry and music (although crypto is still the biggest topic), and Rados will be exclusively about cryptocurrencies and different analysis techniques. We want to share our analytical approach, and we want to learn from the community how you pick cryptocurrencies to invest in.

@kenhudoy, first of all, registration is absolutely free! You only need to register if you want to reply to published insights or if you want to sign up for our weekly digest newsletter.

In terms of how we differ from Steemit, here's how I would compare the two platforms.

Steemit

This platform has two goals for end users:

Uncensorable content. The text of the blog post is stored on the blockchain and is immutable. This was developed for sensitive discussions, such as political criticism, to avoid the perils that other social media has. Remember how twitter was being disabled by governments during riots? With steemit it'll be much harder to do. The downside is that since the data storage format has been fixed during steemit's inception, it's now virtually impossible to add other data formats, like realtime charts for example, into your blog post.
Content monetization via views and upvotes. As traditional social media is still failing to be profitable while keeping users' best interests in mind, with Facebook creating echo-chambers to keep you more engaged in order to show you more ads, and platforms like twitter and medium still being unprofitable, steemit rewards popular content with steem dollars that you can exchange for real money (supposedly, I haven't actually tried redeeming any of the steem dollars I've earned). It's a great idea and I hope that in a few years steemit will become the go-to platform for casual blogging.

Rados

The primary goals of our social platform are the following:

Monetization via expertise. Instead of rewarding likes and pageviews, we want to reward our users for the value that they bring to the table. Your profile page will show all your public insights and comments, and you can use it kind of like your portfolio through which you can demonstrate your knowledge of cryptocurrency trading. You can then monetize the personal brand that you create via selling services on our platform. One example of that would be paid content: If you establish yourself as a competent analyst who consistently improves their portfolio, you'll be able to sell your insights. Another feature that we're planning is selling your signals. Instead of doing an ICO for every new crypto telegram bot, you'll be able to build signals on our realtime data, no coding knowledge required, promote them on our social platform, and sell access to your signals for a monthly subscription.
Future-proof. On the social side of things, we want to empower our users to create visually compelling analysis and presentations of their crypto trading strategies. Every Rados feature will have deep integrations into our social platform, so you'll be able to easily share realtime price charts, overlay your signals on top of it, and even show the value of your portfolio over time, right in your blog post.

To summarize, we are not steemit killers, and we will happily coexist together. Think of Rados as pokerstrategy for crypto. If you're an expert - you can sell your expertise. If you're a beginner - there are a ton of resources to learn and get better.

Check out our roadmap and learn more on saturn.network. And if you have more questions or feature requests just post them on Rados and we will happily reply!