Hey,
Information about steemit:
I joined Steemit July 2017. My Profile Link:
https://steemit.com/@roy92Steemit is a social network and content rewards platform that makes the crowd the beneficiaries of the attention economy. It does this be rewarding users with STEEM.
So this means, if you creat content, it can get upvotet by others. The more SteemPower you have, the stronger is your Upvote. But tbh, only the whales are getting bigger, because they upvote theyr own posts, so theyr posts are on the mainpage and only the posts of the whales are visible.
And Steem is the name of the Blockchain, Steemit is the front end. There are other frontend applications, running on the Steem Blockchain, like Dtube.
Oh and SteemBackedDollars (SBD) are a "stable" trading utility coin. SBD was considered to stay stable in the range of 0.9-1.1 USD. But it is enflated to high. It is currently on 3.3 $/SBD.
If you have more questions, feel free to ask me here or PM me.
Btw i need 10 Merit to reach Member rank
