Good night all stemian.
Yes this time I will make a different post from before that is about the difference between steemit and other social media such as: Facebook? and are there any similarities or differences between Steemit and BitCoin?
First of all, Steemit is a social media that runs on blockchain technology, as well as BitCoin and Ethereum. The three main roles of blockchain are transparency, decentralization and have the value of a cryptocurrency token unit. Facebook does not run on blockhain technology, so it is centralized, where it has an owner who owns his site and manages it as he works.
While this decentralized Steemit has no owner. So also with all private key access, post key, reward key and owner key, only known by the owner aja. So when we register in Steemit, the password to the account we just registered is our own and can not be reset by anyone in this world. For that if you forget your password, no sesiapun can get it back.
In addition, what is going on in the Steemit system is transparent, so any activity that occurs in the steemit platform can be monitored by users on the blockchain. Unlike Facebook where there are some aspects that can not be reached by users.
Perhaps we will start to wonder how this steemit platform can control the evolution of its technology. Actually the blockchain technology implemented by Steemit is the same as ?BitShares,* where each user has a key that can determine what will happen to his system (proposals, worker and witnesses)
Speaking more deeply about how to reward the steemit system, it's important to know first that the Steemit site works as a web wallet: a wallet that rewards its users. When we post, vote, comment or trade he interacts openly on the Steemit blockchain. So steemit site is actually cumalah just a website interface.
If someone starts posting a content on a steemit site and gets rewards, we may start asking how does a blockchain steemit who has no owner can determine who will get rewards? **The answer is ... ** based on the upvote quality of the readers. If we post something quality on Facebook, maybe we will get positive comments and likes, but we do not get monetary rewards (money). While in Steemit, we get rewards for the content we postingkan in the value of units Steem Dollar and Steem Power.
Steemit is a very interesting system because both parties who post content and who vote on the content will get rewards for their efforts. For that you should not write content content world-class to get rewards, tp just looking for new content content that you think potentially great and then voting on the content so he can also pledge rewards for you. The sooner we vote on the potentially large content, the sooner we get the rewards from the content. If there is a wrong sharing of 50-50 results between content writers and people who mengvoting.
now arise again a new question reply will probably make you think of where the money coming? how steemit can provide rewards to the author, voters and miner who keep the stability of the function of the network's this? well .. so the concept of work all of this work is the same seems like bitcoin. like that we know ... bitcoin pay the miner through subsidies resultant through the creation of bitcoin new which basically not is sourced from any, just like sesebuah company mengissues new shares to fund something project. Because bitcoin do the same like it, then steemit also helped inspired by the concept for pay content content reply posted by someone and also to para2 supporters.
Because Steemit is blockchain which is based on the concept of social media it will be there are some features on blockchain steemit that distinguish with bitcoin. one of its is steem dollar. purpose the steem dollar is because ... most of the source of users who register steemit come from the background (background) who don't know cryptocurrency. and of course, they this want direwardkan in dollars. they do not want to speculate in up depreciation asset cryptocurrency, then for it steem dollar present as the value of the unit which has a value that is equivalent to dollar.
Another thing enacting technology steemit this unique is he has the ability to face the transaction that large-scale and a quick (3 seconds transaction per block). when someone create social media platforms, it requires an internal network that large capacity and steemit have the capacity that so large that even superior to Reddit. something more importantly Associated with technology steemit is all transactions that occur in blockchain steemit is free.
if bitcoin apply the concept alogritma proof of work objective, then steemit apply the concept alogritma proof of work that is the subjective. in the concept of rewarding bitcoin, the miner have to pay energy (electric + hardware) for mine bitcoin .. while in steemit, every post article and interaction article-who produce rewards for its users. what happens indirectly in this case is he would menimbul effects networking who will attract the attention of the netizen in around the world. imagine all topics-quality that dipostingkan at any time on site steemit will continue to pack a Google search who later for term future long will increase again value platform steemit itself.
Yes ... the end of the word ... there is no reason for netizen don't think anyone you not to join in the platform steemit who does not require the capital one bit. I said so caused by because any business that you devote in social media platforms steemit, I believe fruitless.
so for posting my this time, hopefully posts me useful for steemian all, never satisfied still trying to.
hail the compact
Upvote n follow me
@black-isr38
Follow and vote rakan
Oke rakan