Steemit is Different from other Social Media - Campaign #club5050

Since joining Steemit on February 02 2017, I have learned many new things. Before discussing anything else, I will outline what Steemit is. Steemit is a decentralized social media platform. Every article posted on steemit will be rewarded or curated. Unlike other social media such as Facebook, Twitter or Instagram. Indeed, Facebook, Twitter or Instagram are included in social media, but the way it works is different from steemit.

Every post curated in every will get Cryptocurrency is digital currency. There are 3 digital currencies in steemit, namely Steem, Steem Dollar and TRX. When I joined steemit there were only 2 digital currencies given, namely Steem and Steem Dollars.

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At this time, every post that gets curation will get Steem Power, Steem Dollars and TRX on the seventh day. Steem is just a point system. However, since the points system is blockchain based, points can be traded on the market as tokens. People are buying and selling these tokens, and many are sticking around in anticipation of increasing purchasing power for various Steem-related services.

In the following, I will explore what Steem, Steem Power, Steem Dollars and TRX are;
STEEM is the base liquid currency token on the platform. STEEM can be activated into Steem Power, traded for Steem Dollars, or transferred to another account. It is a cryptocurrency token, similar to bitcoin.

Steem Power abbreviated as SP is a measure of how much influence a user has in the Steem network. The more Steem Power users have, the more they can influence the value of posts and comments. Steem Power is less liquid. If a user wants to "Turn off" SP, they will receive the same STEEM distribution every week, for a period of 4 weeks.

Steem Dollars - Steem Dollars (commonly abbreviated as SBD) are liquid stable currency tokens designed to be pegged to $1 USD. Steem Dollars can be traded with STEEM, and transferred to another account for trading or exchange. Steem Dollars can also be converted into STEEM. While TRX is a crypto asset or currency used on the Tron network.

On Steemit, there are already many communities that used to only make posts on blogs. But now users can post on the blog as well as in the community. It's just that when making posts in the community, users must first see the community, not when displaying photos of users posting in the Steem For Betterlife community. If this is done, it will get a warning from the admin and community moderators.

BEST REGARD

@amryksr