RE: ''Social Mining'' by Posting, Reblogging and Commenting to earn Steem Dollar & Power
"Almost all of the Cryptocurrencies issued out today depend on the Miners & Stakeholder support, however, Developers behind Steemit wanted to change things up a little by altering the way a Cryptocurrency is distributed."
I disagree with this quote. Although it does seem like Steem is mined by publishing articles, it really doesn't work like that. The coins are STAKED as in "Proof of Stake" algorithm, which (in my opinion) is superior to the original "Proof of Work" algorithm which is employed by the OG crypto Bitcoin and others (such as Litecoin, Dash, etc...)
This was important to note so that people don't think Steem is a scam that makes money out of thin air, which it certainly isn't. Potential investors really have to understand how the payments are processed and where the money comes from. Everything else makes up for a great post, well done!
Yeah, I'm fully aware with how Steem get minted into existence. The goal of the post is not to mix up people, so i think my quote is not really wrong or right, since it doesn't clarify how Steem are minted. Just stated how the Developers changed things up by how the Cryptocurrency is Distributed. Don't want to get all technical when i was highlighting the concept behind ''Social Mining'' but definitely for those who interested, I would definitely recommend getting a better technical understanding to how Steemit works, check out some of my previous if so