Yes, you can exchange it for several kinds of cryptocurrency including Steem and BitCoin. The trading is very new and has it's ups and downs, but it's a viable coin. As an added incentive to the readership, and votes in Steemit that we provide, it allows SteemTrail to reward curation, curating, and participation in SteemTrail a little more equitably. Everyone gets the same amount of Trail Coin for what they do, regardless of SteemPower or etc.
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Thanks !`Another thing, to unlock your account on steemian it says :
And for unlock the account you need active private key (The active key is used to make transfers and place orders in the internal market.). Then why not the posting private key if it's only for voting and posting ?
Hello @lastminuteman,
You are asking a great question that confuses many and I should probably write a distinct post about why Streemian works this way. Let me give you a quick recap.
In order to automate voting and posting for users, Streemian (or any other service) needs posting authority for that particular user. There are two ways of obtaining it:
a. obtain the private key (or password) for the posting permission of a user
b. let the user add another posting authority to the users posting permission
While a) is certainly the easiest to implement and get started quickly, it comes with a bunch of drawbacks, the most significant one is, that it exposes a massive security risk. If the server that stores the private keys for hundreds of users is compromised, all the users are compromised with the only exit of requiring each and every user to reset the password to lock out the attacker.
On the other hand, in case of b), you have the advantage that you, instead of letting people add actual keys to the authority, can ask users to add a specific account to the posting permission. That account can then obtain additional posting permission for your account. The obvious advantage, of course, is that streemian.com doesn't need to store more than one key (besides the fact that you don't need to send a private key over the internet). If that key is compromised, Streemian.com can simply change the key for the
streemianaccount and all the clients are secure again. Now, the actual drawback here is, that in order for users to add another posting authority (e.g. thestreemianaccount), they need to update their account. This requires the active key at least.The webpage we have developed does exactly that. It obtains the account from the blockchain and modifies it by only adding the
streemianaccount to the posting permission. In a couple weeks, we will see other implementations that can do the same (piston can do that aswell today), such as busy.org and steemjs.com. All of these implementations have in common that the active private key doesn't leave the browser and only signs an account_update transaction to be broadcasted to STEEM.Hope it makes sense to you now. Cheers
Thanks, I will consider to join streemian :)
It should be noted that in order to act as a curator on streemian guilds, you don't need to authorize streemian to use your account! At this point in time, it isn't even required to verify your STEEM account. This will change once we have steemconnect integration ready at which point authorization will become a breeze :)
That's a great question. While we use, appreciate and recommend the service, Streemian isn't our baby. That's @xeroc's. Hopefully he'll see the mention here and pipe in.