I was approved today: laurajadczyk
Bobo08 said:Great to see many forum members on Steem. I have followed all of you and upvoted some of your posts.
Some notes about the platform:
* Don't lose your password. This is the single most important thing to take care of. If you lose your password, you will lose access to your account with all the money, followers and posts in there. So don't just save it to your computer. Save it to a separate USB or print it out to a piece of paper and keep it somewhere safe.
* Posts on Steem are usually longer than on Twitter or Facebook and are expected to be written in your own words. In fact, there is a bot called cheetah that flags posts copied verbatim from somewhere else.
* Rewards on Steem are based on a system of stake-weighted voting. The reward for a post depends on the amount of steem power (money) contained in the votes that the post gets. For example, a single vote from someone with a lot of steem power may generate more reward than 100's of other votes. That means people with a lot of steem power command great influence on the platform. A post can either be voted up (reward added) or down (reward subtracted).
* Up votes are rewarded too (curation reward), depending on how much reward the voted post subsequently gets. In general, most of the curation reward for a post goes to the first few votes. So people don't usually vote for a post that already have many votes unless they really like it. Reward accumulation stops 7 days after a post is created, at which time, 75% of the reward is paid out to the author and 25% goes to the curators.
* Apart from the amount of steem power you have, your voting strength depends on your voting power too. This is a number between 0 and 100%. Every time you vote, it decreases by 2%. It will also continuously regenerate at a rate of 20% per day. So you have about 10 - 15 effective votes per day.
* Steem is the underlying blockchain where all the activities are recorded. Steemit is the UI layer on top of Steem. There are many other UIs such as busy.org, d.tube, eSteem (mobile app), all interacting with the same underlying data.
Hope that helps to understand how things works. The link that m provided is very helpful too. Steem on!
Bobo08 said:* Don't lose your password. This is the single most important thing to take care of. If you lose your password, you will lose access to your account with all the money, followers and posts in there. So don't just save it to your computer. Save it to a separate USB or print it out to a piece of paper and keep it somewhere safe.