Understanding Steemit

nkd (41)in #steemit • 7 years ago

Steem Backed Dollars are there to protect content creators from volatility and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD.

Underneath the hood of Steemit.com there is a tradeable cryptocurrency token, called Steem, and it’s performing well on the US-based exchange, bittrex.com, and blockchain-based exchange openledger.info. With Steemit.com, posts, comments and votes are immutable. Attribution is a given. Accreditation is not taken for granted. And community appreciation is an actual reward.

#life #introduceyourself #steem #bitcoin

7 years ago in #steemit by nkd (41)

$0.00

Sort:

steemcleaners (83) 7 years ago

Sources: http://www.frot.co.nz/design/computing/cryptocurrency-101/
https://steemit.com/steemit/@hamzazaman/steemit-com-blogging-is-the-new-mining

Not indicating that the content you copy/paste (including images) is not your original work could be seen as plagiarism.

Some tips to share content and add value:

Using a few sentences from your source in “quotes.” Use HTML tags or Markdown.
Linking to your source
Include your own original thoughts and ideas on what you have shared.

Repeated plagiarized posts are considered spam. Spam is discouraged by the community and may result in action from the cheetah bot.

Thank You! ⚜

If you are the author, please reply and let us know!

meanpeoplesuck (-2)(1) 7 years ago

This post has received a -16.67 % downvote from @meanpeoplesuck thanks to: @blacklist-a.

$0.00