Community post
Join Steem Ecosystem
Steemit
Steemit is structured as a decentralized application (DApp) based upon the Steem blockchain, utilizing digital money STEEM to compensate clients for their content. The authors post blog & get the chance to earn and all that depends upon voting by others. Those who upvotes are known as curators and there is "Curation Rewards" for finding and upvoting content.
Steem
Steem is the first blockchain which which introduced the "Proof of Brain" social consensus algorithm for token allocation.
Being a standout amongst the most effectively created blockchain extends as of now in presence, it's turned out to be fruitful soil for enterprising interests. It has additionally turned out to be home for some cryptographic money driven undertakings.
Steem plans to be the favored blockchain for dApp development with Smart Media Tokens at its center. With SMTs, everybody can leverage the power of Steem.
Native Token
- STEEM & SBD
Note- SP is Steem Power which can be obtained by vesting steem tokens into a locked in contract, one can withdraw SP by powering it down and it can be available in 13 equal installment after initiating power down. SP is the influence power in Steem Community.
Advantages
- Free Transactions (Resource Credits = Freemium Model)
- Fast Block Confirmations (3 seconds)
- Time Delay Security (Vested Steem & Savings)
- Hierarchical Role Based Permissions (Keys)
- Integrated Token Allocation
- Smart Media Tokens
- Lowest Entry-Barrier for User Adoption in the market
- Dozens of dApps already built on Steem and many more to come
Replies (1)
Congratulations @littymumma! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!