What is Steemit?

in #steemit2 years ago

Steemit is a social media platform built on top of the Steem blockchain. It allows users to create and publish content, such as blog posts, photos, and videos, and to earn cryptocurrency (Steem and Steem dollars) for their contributions. The platform is designed to be decentralized, meaning that any single entity does not control it. Instead, it is run by a community of users who contribute to the network by running nodes and participating in the decision-making process through voting.

On Steemit, users can upvote or downvote content, and the creators of popular content can earn more cryptocurrency. The platform also has a system for curating content, in which users who contribute high-quality content and engage with the community can earn more rewards.

Steemit is one of many platforms developed on top of the Steem blockchain, a decentralized, open-source blockchain that was created to power decentralized applications (dApps). The Steem blockchain is designed to be fast, secure, and scalable, and it has been used to power a variety of dApps and decentralized social media platforms.