Steem News

 

Steem is explained as a fundamental unit of account on a platform called Steemit. Steemit is a Blockchain-based platform where users can publish content and vote on it like on every other social media platform, but with the difference that on Stemmit, they are rewarded with tokens.  

The Steem network gives new Steem units to publishers and voters every day. Steem can be exchanged either on Steem Power (SP) or Steem Backed Dollars (SPD). Steem Power is a token used to upvote content, which helps to get a revenue both for a voter (in SP) and for a publisher in (SPD) proportionate to how much Steem Power the voter has. Steem Powered Dollars represent an amount of Steem equal to 1 USD. SMD helps to protect content creators from the volatility of the Steem cryptocurrency by promising them that they’ll get a fixed amount of money, no matter how much Steem will cost when they cash out.

 
 
Opinion
The concept of decentralization isn’t being given the respect it deserves — and change is needed.
The word ‘decentralized’ has lost all meaning — Enough is enough
Sharif Sakr
2020-11-22T14:12:00+00:00
15985
News
Steemit veterans vow to improve blockchain upgradeability and avoid damaging hard forks
Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0'
Andrey Shevchenko
2020-10-13T13:04:00+01:00
5223
News
Could their partnership with a new age guru save lives?
Hashgraph Sets to Scale a Mental Health Platform to Billion Users
Michael Kapilkov
2020-08-22T02:00:00+01:00
12753
Analysis
A former Steem witness received death threats from a Hive user, is DPoS to blame for the Steem/Hive drama?
Former Steem Witness: ‘I Received Direct Threats From a Hive User’
Rachel Wolfson
2020-06-18T16:45:00+01:00
8638
News
The most-popular Steem DApp has moved to Hive, resulting in daily Hive transactions overtaking Steem for the first time.
Hive’s Transactions Overtake Steem’s as Splinterlands Joins the Rebellion
Samuel Haig
2020-06-04T04:04:00+01:00
3960
AUDIO
Check out this week’s Bad Crypto News.
Moving Coins, Data Breaches, and Magical Authors: Bad Crypto News of the Week
Joel Comm
2020-05-23T22:00:00+01:00
7874
News
While Binance will support the Steem hard fork to freeze $6M in user funds, CZ offered support to additional forks.
CZ Believes Steem Users Should Launch (Another) Counter-Fork
Samuel Haig
2020-05-23T16:44:00+01:00
7461
News
Steem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork.
Steem Soft Forks to Sanction Mysterious 'Community321' Account
Samuel Haig
2020-05-22T18:47:00+01:00
3368

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