Steemit is a new social networking platform on the Steem blockchain.
Steemit is a new social networking platform on the Steem blockchain, where the community rewards individuals for their posts, comments and votes. It was founded by Ned Scott (CEO) with Daniel Larimer (CTO of Steemit and founder of Bitshares).
Algorithm
Steemit.com has a quoted cryptocurrency token called Steem, which shows itself well on bittrex.com, a US-based exchange, and openledger.info, a blockchain-based exchange. With Steemit.com posts, comments and votes are immutable. Attribution is a given. Accreditation is not carried out without argument. And community recognition is a real reward.
Earn Steem every time you post content rated by others.
Earn Steem by casting your vote for popular content first.
Steem gives a reward for long-term commitment!
Rewards at SteemDollars bring you stability
In the aggregate, user-generated content forms such as reddit, Facebook and Twitter, the value measured in billions of dollars. It is important that it can be used to make it possible.
Certain cryptocurrency platforms force users to give away something to reward others for their contributions. With Steem, rewarding others is just as easy as voting for a post on Reddit or posting a “like” mark under a post on Facebook.
Payments are made by the blockchain by 50% in Steem Power for voting, and by 50% in Steem-dollars. The blockchain distributes rewards, similar to how Bitcoin pays miners approximately 24 hours after placing content and votes.Steem comes from the word "esteem", which means "read" or "appreciate." Steem also has the same sound with the word “steam” (“steam”), which is often associated with energy, and if you go even further, the principle of steam trains has provoked the appearance in English of such idioms as “pick up steam” (“gain momentum”). "). Associations with recognition, language and empowerment are only increasing.
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