Repliessteemitboard (66)in steem • 5 years agoRE: Where did you all hear about Steem?Congratulations @mithril-leaf! You received a personal award! Birthday! - You are on the Steem blockchain for 3 years! You can view your badges on your Steem Board and compare to others…complexring (68)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?There are 21 blocks that are signed in a round with 3 seconds per block. 19 out of those 21 blocks are signed by the voted witnesses. 1 other block comes from a randomly selected witness. The…cryptoctopus (74)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?This is my attempt to explain it to uninitiated: Bitcoin pays miners with a reward when they solve a cryptographic puzzle. (Objective proof of work) Steemit gives a reward every 24h on the best…help-yourself (59)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?Think of Steem as a pump that does not create any new value but constantly re-distributes the existing value (or shares) according to the perceived value of input created by the users (or…cryptogee (75)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?As I understand it, it is the votes themselves that are the 'mining' part of the equation, as you vote (mine) you acquire Steem Power, some of which you leave behind on the post, some of which you…alyssas (60)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?There isn't a company behind it so there won't be a flotation. Instead it is backed by a cryptocurrency, based on bitcoin, but instead of the coins going to miners it is distributed to writers.syadastinasti (53)in steem • 8 years agoRE: Where did you all hear about Steem?i think it was via a news link in a tweet, i was hooked the moment i read about itrok-sivante (75)in steem • 8 years agoRE: Where did you all hear about Steem?The "Decentralized Autonomous Society" Facebook group:yefet (56)in steem • 8 years agoRE: Where did you all hear about Steem?@Twitter on May 5th :-) - thanks to Coin Reporttestz (65)in steem • 8 years agoRE: Where did you all hear about Steem?At BitShares forum:complexring (68)in introduceyourself • 8 years agoRE: What actually is the deal with Steemit?You can think of Steemit as one front-end for the blockchain Steem. To make my life easy, I think of Steem as a 'decentralized reddit' where 'karma points' are transferable and posts (and even…
