When you open an account on the Steem blockchain, your account is already filled with some STEEM, so you can trade from the first day. This is paid from a special fund and the value of it is set up by witnesses. You can have a look at this at https://steemd.com/witnesses
New users get some free STEEM POWER, 10% of that can be traded after doing 7 day long power down process...
You can't post or comment if you don't have any STEEM POWER, every user has limited bandwidth that directly depends on previously mentioned STEEM POWER
When you open an account on the Steem blockchain, your account is already filled with some STEEM, so you can trade from the first day. This is paid from a special fund and the value of it is set up by witnesses. You can have a look at this at https://steemd.com/witnesses
oh really , that is something totally new from me, let me check it
@dragosroua .1 steem is given to a new user by the witnesses? sorry, I'm just confused.
New users get some free STEEM POWER, 10% of that can be traded after doing 7 day long power down process...
You can't post or comment if you don't have any STEEM POWER, every user has limited bandwidth that directly depends on previously mentioned STEEM POWER