Concept Steemit is similar to other blogging websites or social news websites like Reddit, but the text content is saved in a blockchain.
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How it Works(Few Trick to EARN money)
Every time a post gets paid, 50% of the payout is directed toward those who contributed the most to increasing the posts payout. For those who don't care how it works and just want some basic rules to follow,
Here are some TRICKs:
Only vote on posts that you believe others will also vote for.
Vote as early as possible after the content is posted.
Don't vote on content that is already popular
Acquire as much Steem Power as possible
Vote for less than 50 posts per day
Avoid downvoting
The less Steem Power you have the more important it is for you to focus your votes on a
few good posts rather than spreading your vote thin. In particular, users with small amounts
of Steem Power should:
Vote on content others haven't voted for, to maximize the percentage increase in voting
Vote on fewer posts, the more you vote the more diluted your Steem Power.
STEEMIT REWARDING
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Post and comment rewards are split 75% to the author and 25% to the curators. A 50/50 split of STEEM Power and liquid tokens are awarded to authors and commenters 7 days after a post or comment is made. 100% STEEM Power rewards are optional for posts. Post authors can also choose to decline payouts.
Challenges with Rewarding Voting
They saying "you get what you pay for" has never been more true. In this case Steem must be
"careful what it pays for" .
Thanks for the info, was actually looking for this information and your post just happen to come up before me searching for it. Funny how that works sometimes.
Hehe thanks man ..
I don't think this can be explained enough! I still find it a bit confusing!
Tell me ...what dout u have
Hey there - no, no doubt. But it can be confusing for people who first start. I still don't understand exactly how the payments are divided to account for comments (like this one!)
Keep up the good work :-)
Very helpful for a newbie. Just this information alone cleared some things up for me tremendously. Nice to be able to contribute, without having to create content.
Your welcome. Man...reestem it