1,063 Articles 35 Followers
$0.047244
Steem is a social blockchain platform that focuses on decentralized applications, an example of which is the popular Steemit publishing platform. Launched in 2016 by EOS founder Dan Larimer and Ned Scott, STEEM is one of the earliest examples of a social and content-focused platform that employs cryptocurrencies and the blockchain.
Steem’s mission is to empower communities by giving them smart tokens to incentivize users to help grow communities and foster participation.
Steem’s most prominent application, Steemit, is a publishing platform where content creators are rewarded with the cryptocurrency token STEEM for the quality they produce. There is also a stablecoin available on the network called Steem Dollars (SBD). Both tokens can be traded on an internal decentralized exchange. Transaction fees are replaced by the inflation rate of the token.
Several other decentralized applications have already been created on Steem. Other dapps include Steem Engine, a platform for issuing and trading Steem-based tokens; DTube, a decentralized platform for uploading and sharing video material; SteemPress, a WordPress plugin connecting WordPress and Steem; and more.
The Steem team is currently focusing on developing Smart Media Tokens, which will “will allow anyone to create their own token...and use those tokens to fundraise, monetize content, and grow their own social communities.” This is intended to help communities in the content creation space to launch their own tokens to support themselves and establish mutually beneficial mini-ecosystems.
20 Mar 2020 2 minute read 12 comments Scott Cunningham $2.92
The Steem blockchain is being hard forked creating a new blockchain and content network called Hive which will be like Steem but have new policies in place for decentralization. Hive will be fast, scalable, powerful, and the blockchain for Web 3.0....
20 Mar 2020 1 minute read 1 comment MadMaxx $0.16
As I said in my post, when STEEM had risen by 60%, I said that it is likely STEEM would rise a lot more than that, before inevitably dumping due to an over supply, with no corresponding demand. Well, my fractal played out perfectly. That same day(wit...
20 Mar 2020 1 minute read 0 comments Talleo $0.03
Steem blockchain was forked to Hive due to disagreement on recent actions conducted by Tron owner Justin Sun. As all the content on Steemit was mirrored up to the hard fork height, also old Talleo community on Steemit was mirrored to Hive. The new co...
19 Mar 2020 1 minute read 0 comments resiliencia $0.21
Hello! An announcement of a new blockchain called HIVE was made by blocktrades a couple of days ago. Yesterday they provided the details of the launch and the airdrop for the Steem token holders will be next Thursday.I have been here for almost...
19 Mar 2020 5 minute read 0 comments ZackNorman97 $0.05
Hello again! This would be the second midnight-ish following Malaysia's partial lockdown, and the experience has been interesting thus far. Here's my journey, following previous wishes to document more of what it's like to be locked down. This is als...
19 Mar 2020 1 minute read 2 comments blueeyes8960 $0.06
This is a very tumultuous time for the world in terms of the pandemic affecting us all. And in the midst of this, we are seeing a REVOLUTION of the power of COMMUNITY. There was a big uproar in the beginning when the witnesses took the step to freez...
19 Mar 2020 1 minute read 0 comments Greenchic $0.26
Noticed the price chart in tradingview shows that in a period of 24 hours Steem price goes from 0.12376463$ to 0.44447937, that an increase of over 250% The reason for this seems to be the announcement of HIVE which will be created through a hardfor...
19 Mar 2020 2 minute read 5 comments MadMaxx $0.47
Tomorrow marks the death of the old STEEM. And the birth of Hive, a new blockchain that will port all the features of the STEEM blockchain over, and then some. I have bought about $1000 worth of STEEM in the past hour or so, and I'll tell you why, an...
19 Mar 2020 1 minute read 1 comment MadMaxx $0.38
Remember the Justin Sun fiasco? Well, that has me to the STEEM governance deciding to fork the STEEM blockchain to create a new cryptocurrency. If you read my last post, you'd have gotten the full gist. If you didn't read it, you can do that here. Th...
19 Mar 2020 1 minute read 0 comments Jelly Fish $0.02
I'm not that good at money-making schemas. It's even more strange because I've been working in corporate finances for decades. However, I'm still poor (well, relatively poor, a lower bottom of the middle class of my area). That's why I always search...
