Differences Steemit With Facebook and BitCoin? (Unloading Out)
Yops ... it's steemit time! Hoyaa !! If you are following the article before about Steemit then we already know that Steemit is a new social media. But so what distinguishes between Steemit with other social media such as: Facebook? And is there any similarity or difference between Steemit and BitCoin?
First of all, Steemit is a social media that runs on blockchain technology, just like BitCoin and Ethereum. Cryptocurrency cryptocurrency cryptococcus. Facebook can not run on blockhain technology, because it has centralization, where it has an owner who owns his site and manages access to work.
This disturbing Steemit has no owner. So also with all access private key, post key, reward key and owner's key, just known by the owner wrote. So when we register in Steemit, the password for the new account we register is our own and can not be reset by anyone in this world. For that if you forget your password, there is no sesiapun who can return.
In addition, what is running on the Steemit system is transparent, so any activity that occurs in the steemit platform can be monitored by the image above the blockchain. Change with Facebook where there are some aspects that can not be achieved by the tool.
Maybe we'll start asking how the steemit platform can control the progress of the technology. Actually blockchain technology implemented by Steemit is the same as BitShares, where every user has a key (key) that can determine (voting) what will happen to the system (proposals, workers and witnesses)
Speaking more deeply about how the steemit reward system, it is necessary to know first the site Steemit works seibaratnya purse alternating the para. When we post, vote, comment or trade he is mutually open on the Steemit blockchain. So the steemit site is actually a website.
If someone starts posting content on the steemit site and gets a reward, we might start asking how the blockchain steemit who does not own this owner can determine who will get the reward? The answer is ... based on the upvote quality of the readers. If we post something quality on Facebook, maybe we will have a positive comment and like, but we do not get the money (money). Being in Steemit, we are rewarded for the content we put in the Steem Dollar and Steem Power units.
Steemit is a very interesting system because both parties who post the content and who vote on the content will get rewards for the effort. For that you should not write content content world-class to get reward, tp with capital to search for content that you want new content. The faster we vote on the big content, the faster we menjana on reward of the content. If not wrong sharing 50-50 between content writers and people who mengvoting.
Now another question arises that might make you think about where did this money come from? How can Steemit provide rewards to authors, voters and miners who maintain the stability of this network function? Well .. so the concept of all this work together like kayak BitCoin. As we know ... BitCoins pay the miners through subsidies generated through the creation of new BitCoin which is not not originated from anything, just like a company mengissues new shares to fund something. Do it BitCoin do the same thing that, then Steemit also inspired by the concept to pay content content entangled by someone and also to para2 supporters.
Claimed Steemit is a blockchain based on the concept of social media then there will be some features on Blockchain Steemit distinguishes it with Bitcoin. One feature is Steem Dollar. The purpose of steem dollar is because ... the source is in Steemit coming from background (back) who do not know kriptocurrency. And of course, they want to be declared in dollars. They do not want to speculate in the ups and downs of kriptocurrency assets, so for that dollar steem comes as a unit that has a value equivalent to the dollar.
Another thing that makes Steemit technology unique is that it has the ability to deal with large and fast transactions (3 secs transactions per block). When one creates a social media platform, it requires a large-capacity internal network and steemit has an immense capacity that is even superior to Reddit. Something more important to do with Steemit technology is that all transactions that happen to blockchain steemit is free.
If BitCoin implements the proof of work's alogryma concept objectively, then Steemit applies the concept of a proof of work alogry which is subjective. In the concept of rewarding Bitcoin, miners have to pay for energy (electricity + hardware) to mine BitCoin .. while in Steemit, every article post and article interaction is generating rewards for its users. What happens indirectly in this case is that it will generate a networking effect that will attract the attention of netizens around the world. Imagine all quality topics posted at any time on the Steemit site will continue to pack the google search which then for the long term will increase the value of the Steemit platform itself.
Yops ... the final word ... there is no excuse for netizens not to mention anyone you are not joining a Steemit Platform that does not require any capital. Ane say so because any effort you put in Steemit social media platforms, I believe will produce results later.
So aja first. Greetings YesNo!
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Source: http://www.pustaka-deptan.go.id
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