Steem Blockchain
Steem is a blockchain that supports community building and social interaction with cryptocurrency rewards. The concept of Steemit is like a decentralized version of reddit.com.
Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
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The principles behind Steem
Steem aims for a fair and inclusive social media through crypto:
- Everyone who contributes to a venture should receive pro-rata ownership & payment from the venture. Just like when startup allocate shares through investement rounds.
- All forms of capital...
Why are cryptocurrencies so popular?
Some of the reasons:
- Some see cryptocurrencies such as Bitcoin as the currency of the future and are racing to buy them now, presumably before they become more valuable
- Some like the fact that cryptocurrency removes central banks from managing the money supply ...
What is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias
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