NEW TO STEEMIT? STOP! This will help guide you on your way.

in #steemit6 years ago

Being new to the Steemit community, I have been wondering if I fully understand what Steem, Steem Power and indeed, what Steemit factually is? I have asked myself if I am in the best position to utilize this seemingly wonderful and informative platform? Here are my findings and my new and improved understanding of what being a member of the Steemit community means.

What is Steem?

Steem is the name of the token that can be bought and sold on the open market, the same as other cryptocurrencies, it is the fundamental unit of account on the Steem blockchain. The Steem blockchain creates Steem and in turn Steem Dollars which can be traded by users when earned for posting, discovering, and commenting on others content.

What is Steem Power?

Steem Power, often refereed to as SP, is Steem which has been converted into Steem Power. This then gives you much more influence on Steemit. As you begin to build your SP it will give you more money to give to authors by upvoting. In addition you will earn greater curation rewards. Owning SP units is essentially like making a long term investment in the currency because to 'Power Down' it will transfer 1/13th of your SP back to Steem each week for 13 weeks, starting one week from the time it is started. 'Power Down' is the covertion from SP back to Steem.

What is Steemit?

Steemit was founded in early 2016 by Ned Scott and Daniel Larimer. Steemit is a blogging and social networking platform that is powered by blockchain technology. Each day new units of the currency is created by the network and distributed to its users. Steemit then rewards users who upload articles, images, commentary or video. Users can also earn through sourcing and up-voting popular content.

Please help support me in my journey by following me here.

My most recent post also gives insight into the keys to success. It gives valuable information and guidence within the Steemit community. Click here to find out how.

If you have any useful information that can help me and the Steemit community, please comment below, let's all learn and grow together.

Sort:  

Hello @jasonvme! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!

Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!

https://partiko.app/referral/partiko

Congratulations @jasonvme! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Congratulations @jasonvme! You received a personal award!

Thank you for the witness votes you made to support your Steem community and for keeping the Steem blockchain decentralized

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

Use your witness votes and get the Community Badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!