henry_grayson_lawyer
Tue Aug 06 2024
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7 answers
1350
How do Steem coins work?
Could you elaborate on the mechanics behind Steem coins? How do they function within the platform? Are they mined like Bitcoin, or are they distributed in a different manner? How are they used to incentivize content creators and curators on the Steemit platform? Additionally, how do users acquire and trade Steem coins, and what factors influence their value?
Ilaria
Tue Aug 06 2024
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5 answers
1099
What percentage of Steem coins go to stakers?
Could you please clarify for me the exact percentage of Steem coins that are allocated to stakers? I understand that Steem is a blockchain-based social media platform that rewards users for their contributions, and that staking is a way for users to earn rewards by locking up their coins. However, I'm curious about the specific breakdown of how many coins are distributed to stakers as opposed to other participants in the network. Is there a set percentage that is consistently allocated to stakers, or does this vary based on factors such as the total number of coins in circulation or the level of activity on the platform?
Nicola
Fri Jul 26 2024
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5 answers
1591
Where do you store Steem coins?
I'm curious, where do you keep your Steem coins securely? As a cryptocurrency enthusiast, I understand the importance of protecting one's digital assets. Are you using a hardware wallet, a software wallet, or perhaps a custodial service? Each method has its pros and cons, so I'm eager to hear your thoughts on the matter. How do you ensure the safety and accessibility of your Steem holdings?
