New User !! Decoding Steemit Platform .Steem,Steem Dollars,SteemPower.

in #steemit6 years ago

Its been 7 days I Posted my first Post but was still confused with the Platform.Some unwanted sounds I was hearing from all around.

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So I decided to block out some unwanted Sounds,Here I go...

What is Steem ?

Steem is a crypto currency & is the fundamental unit of account on the steem blockchain.
Steem dollars & Steem Power Derive their value from Steem.
Steem can be used to buy steem dollars & Steem Power.

What are Steem Dollars ?

Users are rewarded with steem dollars for curating & posting content.Each steem dollar is equivalent to US1$.
The value keeps on changing as per the crypto currency market conditions.
You can check its value by visting this link:
https://coinmarketcap.com/currencies/steem-dollars/
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What is Steem Power?

Steem Power Symbolizes your Power or Influence on the Steemit Platform.So Having more steem Power your votes will count more on the platform.You can power up or power down your steem power.

How do Three works or are co related to each other??

Steemit is a social media platform using the blockchain technology.The Platform rewards users with Steem Dollars for posting or curating the content on the platform.Each user on the platform has a steem power which can be called his/her influential power on the platform.So when a user with a high Steem Power up votes on your posts or comments your posts earns higher Steem dollars.

This my understanding of the Platform. Please do comment & share your posts of your understanding.

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Welcome to steemit @madoversteemit. Join @minnowsupport project for more help. Checkout @helpie and @qurator projects.
Send SBD/STEEM to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB)
Upvote this comment to keep helping more new steemians
Send SBD/STEEM to @tuanis in exchange of an upvote and support this project, follow for random votes.

Welcome to Steem, @madoversteemit!

I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
To see why 3035 Steemians use SteemPlus, install our extension, read the documentation or the latest release : SteemPlus 2.17.7 : Witnesses on Busy.

Welcome to Steem! Partiko is a fast and beautiful mobile app for Steem and we upvote our users to help them grow! Please feel free to download the Android app here and the iOS app here.

To get more upvotes, please join our Discord server here: https://discord.gg/N7Et97G

Welcome to Steemit madoversteemit. Let me know if you got any questions about Steem or anything related to it! The official FAQ can be found here and has A LOT of information https://steemit.com/faq.html - Also remember, Steemit is just ONE of the sites built that uses Steem the blockchain. We also have DTube - our very own Youtube, DSound for Soundcloud and Steepshot if you prefer Instagram like experience. I'd also like to mention ChainBB - forums, Busy - Steemit with more modern look basically, DMania for memes and Dlive for streaming just like in Twitch! You can also earn Steem by gaming now! Search for Steemgar if that's more your thing. Welcome to the blockchain! :)

Hi Thanks for introducing me to the different platforms...

@madoversteemit welcome to this great community..I'm positive you'll do well , I've followed you, please do well to follow back..peace

Hello! Excellent article, you're done! Welcome to Steemit, I'm glad to new friends and have followed you, I hope you will follow me as well, wish you successful development of your blog! Upvoted your post! ;)

welcome to steemit world and follow me for crypto news updates. Great journey with superb post.