Steemit

Steemit CEO Ned Scott discusses social platform works. History. On July 4, 2016, Steemit, Inc., a company founded by Ned Scott and blockchain developer Daniel Larimer|Dan Larimer, launched the social media platform Steemit as first application built upon Steem blockchain.Source

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Steemit

Steemit may be blockchain-based blogging and social media web site. Users will gain a cryptocurrency, STEEM, for business and curating content. the corporate is in hand by Steemit opposition., a in private command company primarily based in ny town and a headquarters in Virginia.

Operating Principle

Steemit is meant as a suburbanized application (DApp) engineered upon the Steem blockchain, victimization the name cryptocurrency STEEM to reward users for his or her content.[2][3][4] By selection on posts and comments, users get to make a decision the payout of these posts. Users additionally get therefore referred to as "Curation Rewards" for locating and upvoting content that gets upvoted by alternative users later on.

History

On July 4, 2016, Steemit, Inc., a corporation supported by Ned Scott and blockchain developer Daniel Larimer|Dan Larimer, launched the social media platform Steemit as 1st application engineered upon Steem blockchain.
On July 14, 2016, Steemit declared on their web site that they were hacked. The attack, in keeping with them, has compromised concerning 260 accounts. concerning US$85,000 price of Steem bucks and STEEM area unit reported to possess been taken by the attackers

References

Steemit.com to login and sign up platfrom.

Steemit about

Question	Answer
Registration	Free
date Launched	2016
Users	1,238,717 registered users
CEO	Ned Scott
Owner	Ned Scott
Blockchain	Steemit.com
SBD , Stee	Cryptocurrency

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Thanks

@sm-shagor
@cryptokannon
@ashkhan
@vvarishayy