Steemit is a decentralized social network specifically developed using Steemit blockchain technology. The main feature of the site is rewarding active users with Bitcoin. The internal Steemit cryptocurrency — named Steem, which has a value currently much less than Bitcoin — can be earned through posting, voting, commenting, curating, etc., and by just staying active on the site. New users don’t get a lot from voting, so they have to work to gain their steem power by providing unique and useful posts. With every creation, the value of their vote becomes greater. In addition, the platform offers Steemit mining on CPU, just like any other cryptocoin. Currently, there is also a Steemit app available for both iOS and Android.
Media platform Steemit announced that fellow-Steemians can now vote for their favorite Steem proposals without leaving Steemitwallet.com.
Updated Steemit Now Allows Steem Proposal Voting on Steemitwallet.com
Social media platform Steemit is back up and running after having suffered from a bug in the curations reward curve, which attempted to retrieve trillions in St...
Steemit Is Now Fully Operational Again After Chain Halted Due to Bug
EOS and Steemit executive Daniel Larimer has revealed plans for a new currency-focused altcoin, but community responses have been harsh.
‘Sounds Like Bitcoin’: New Token Concept From EOS’ Dan Larimer Fails to Win Fans
Decentralized social networking platform Steemit has laid off over 70 percent of its staff following the recent market crash.
Decentralized Social Media Platform Steemit Lays Off 70% of Staff Following Market Crash
An upcoming blockchain-based content rewards platform is challenging Steemit’s model by offering lifetime earnings on posts.
Blockchain Network Takes on ‘Flawed’ Steemit by Offering Lifetime Earnings to Creators
A new picture sharing platform allows people to get paid for photo likes and new followers or sell their content.
Sharing Selfies Could Now Help You Earn Money in Cryptoworld
Tokenization is an intrinsic part of the Blockchain technology that serves the purpose of platform identification and accessibility
Tokenization: The Force Behind Blockchain Technology