no sorry steemit is not a copy of bitcoin "satoshis" code (and noone named satoshi invented bitcoin) and you are thinking of Dogecoin and litecoin they are simple copies of bitcoin
But steemit and Steem Blockchain are completely new its NOt a simple copy and paste its brand new!
but remember good artists borrow great artists steal!
I am not saying steemit, ethereum, or NEM are copies of Bitcoin code, yes they are completely new codes, some of them are written from scratch. But without Satoshi blockchain and solving the double spending problem, you would be writing this article in Reddit or Facebook. So they did steal the idea and improve on it.
I agree there is no such person as Satochi and it is probably a group of people or an advanced intelligent agency.
Another example that comes to mind is Porsche company which was founded by Ferdinand Porsche, who was the chief engineer at Mercedes-Benz. and even made the VW beetle, do you think he did steal some knowledge from working with those two companies and went out to improve it and build what now we know as Porsche brand? I bet he did.
Ahh i see that you know alot more about this than I assumed!
I upvoted your analogy as it seems very helpful, peoplle need more analogies!
when i first came to steemit i thought new steem had to be mined and was then rewarded to reward poo, i asumed iit was a tem like Bitcoin Miners who just donated a part of the mined bitcoin to a reward pool, id idnt know we just had an inflationary currency which was simply locked by math and encryption, we still have a better system than fiat paper money, and I STILl am a litte confused
I know this has to do witth teh difference between proof of Work and Proof of Stake....
Can you help me undertand where new Steem is acually created?? Like ...i dont think you can mine steem the same way you mine bitcooin or litecoin or ethereum....
im wodnering...does each steem blockchain explorrer have its own reward pool? does steemit.com ad chainbb do they have different reward pools??
As a holder and investor in more than 50 crypto projects, i do know the basics of each and can't go in full technical details about each one as it will take me years to digest all the information out there.
I know that steem is generated by something called Delegate proof of stake, so basically you mine steem by creating and voting for contents. and the more steem you have the more you can get as with any other proof of stake coin out there.
Also, check any big account in steemit, someone with 100k or more and open their wallet, you will notice that each time you refresh the page their steem or steempower is increasing by a small fraction, that is also a proof that it is a proof of stake coin.
For more information about this subject what are delegates or full nodes, i suggest you read the below:
https://www.steemithelp.net/new-page-3/