RE: Will Europe's new laws ban Steemit?

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Will Europe's new laws ban Steemit?

in steemit •  7 years ago 

I thought the whole purpose of STEEMIT as a blockchain platform was that because it is de-centralized, no one owns nor runs it nor really has any control of what is being posted except the individual who made the post who is anonymous because of the encrypted key!! Is that not why people are moving from youtube & facebook to steemit - NO possible way of censorship nor its consequenses??

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7 years ago by

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      ·  7 years ago 

    Steem is decentralized, steemit is not. The CEO of Steemit is Ned Scott, or @ned. Steemit is a company that owns the domain name and publishes the contents of the Steem blockchain. They can be compelled to edit the results of the display of the blockchain, but not the blockchain itself, if issued a valid legal judgement.

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