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STEEM is a blockchain-based social media platform that was launched in 2016. The platform was developed by Ned Scott and Dan Larimer, who are both well-known figures in the blockchain industry. STEEM is unique in that it allows users to earn rewards for creating and curating content on the platform, similar to how social media influencers earn money from sponsored posts.
Development
In the years since its launch, STEEM has seen significant developments and changes. In 2017, the platform introduced a feature called "Communities," which allows users to create their own sub-communities within the larger STEEM ecosystem. This has helped to foster more niche communities and improve content discovery on the platform.
Controversy
In 2018, STEEM faced controversy when it was revealed that a group of users had used their voting power to manipulate the platform and earn large rewards. This led to a hard fork of the platform, which resulted in the creation of a new blockchain called HIVE. HIVE is essentially a fork of STEEM, but with changes to the governance structure and reward distribution system.
Journey through controversies
Despite these challenges, STEEM has continued to grow and evolve. In 2020, the platform announced a major partnership with TRON, another blockchain platform. This partnership has led to new developments and features, such as the ability to use TRON's USDT stablecoin on the STEEM platform.
More recently, STEEM has seen a surge in activity due to the rise of non-fungible tokens (NFTs). NFTs are unique digital assets that are stored on the blockchain, and they have become popular for art and collectibles. STEEM has embraced this trend by launching a new feature called "STEEM NFTs," which allows users to create and sell their own NFTs on the platform.
Sum up
STEEM has had a complex and interesting history, with its fair share of controversies and challenges. However, the platform continues to innovate and evolve, and it remains a popular choice for users who want to earn rewards for creating and curating content on the blockchain.
I invite @hamzayousafzai, @jasminemary and @taskeen to this contest
Nice blog post about steems and steem controversies
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Thank you so much for your kind words
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You have shared a good write-up about Steem. I will try and take part. Thanks for inviting and best of luck to you.
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looking forward to read your blog on it, all the best my friend
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Hi @roomi...
I see that you haven't supported any witnesses and I, as the Indonesian Special Pennsif Witness Promoter Team, would like to invite you to contribute by providing support. Are you willing?
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You can choose two ways to select a witness below
History pennsif
**After 5 years on the platform I have recently launched a Steem witness - @pennsif.witness.
You may know me for Steem News, which is now nearing its 500th edition.
As a witness I am running a Full API Node and a Seed Node. Together with the @steemwow team I have also launched Press4Steem, a plugin to connect WordPress sites with Steem.
It would be great if you are able to support my work by giving one of your witness votes to @pennsif.witness.
If you have any questions about Steem, or if I can help you with anything please contact me on Discord at @Pennsif#9921.
Thank you
Pennsif
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Ok Thank you so much for telling me about witness vote, actually I have quite less knowledge about it, so after seeing your comment I learnt a bit about it, and I tried to give witness vote too. Do let me know If I was successful
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Yes. You have successfully voted @pennsif.witness Thank you darling.
Cc @pennsif
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wow nice, it was great
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Thank you for participating in the Contest : What do you know about STEEM. We hope that the information from your post is useful and useful to increase user knowledge about STEEM.
Best of luck @roomi
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All right here to find a nice post about some of steem history. Specially that's nice you know about hard fork and hive. Keep going.
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Thank you for taking the time to read the post and leaving a comment! It's great to hear that you found the post informative, particularly in regards to the history of Steem and the hard fork that led to the creation of Hive. Understanding the evolution of blockchain platforms like Steem and Hive can help us better appreciate the progress and development of the blockchain industry as a whole. Thank you again for your positive feedback, and I will certainly keep going with creating informative content.
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Discussed Steemit in a very nice way. This shows that you have a good understanding of Steemit. You're right, by subscribing to Steemit's community we connect with people all over the world, it's a great find. Thank you very much, and good luck.
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Thank you for reading and commenting on my post. It's great to hear that you have found value in connecting with people from all over the world through the platform. Steemit is indeed a unique and innovative platform that has opened up new opportunities for content creators and enthusiasts alike.
As you mentioned, subscribing to Steemit's community can lead to meaningful connections and collaborations with people who share similar interests and passions. This is one of the key benefits of the platform, as it allows users to build a network of like-minded individuals and engage in constructive discussions and debates.
Thanks again, I wish you continued success and growth on the platform
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