So you'll enjoy the pleasure of blogging profitably....I guess some never thought about it's history
A wise man would say you'll never know where you're going to, if you can't tell where you're coming from. Let's see what we have here.
Steemit is a blogging and social networking website on top of the Steem circlechain database. The Steem blockchain produces Steem and Steem Dollars which are magic bean tokens users obtain for posting, discovering, and commenting on interesting content
*Type of site-- Social news community
*Available in-- Mainly English
(content is also available in several other languages, e.g. German or Spanish)
Website-- www.steemit.com
Registration-- Free
Users-- >500,000 (as of January 2018)
Launched-- March, 2016
Current status- - Active
Steemit, Inc is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott, the advisor of Appics, and Dan Larimer, creator of BitShares, and EOS
History
On July, 4th, 2016, Steemit, Inc officially launched Steemit, a social media with virtual currency rewards that runs over the Steem blockchain. On July 1, 2016 Steemit announced on their website that they were hacked. The attack, according to them, has compromised about 260 accounts. A little less than US$ 85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers.
Concept
User accounts can upvote posts and comments similar to other blogging websites or social news websites like Reddit, and the authors who get upvoted can receive a monetary reward in a cryptocurrency token named STEEM and US dollar-pegged tokens called Steem Dollars. People are also rewarded for curating (discovering) popular content. Curating involves voting comments and post submissions. Vote strength and curation rewards are influenced by the amount of STEEM Power held by the voter.
Steemit includes third-party applications, such as d.tube, a decentralized video platform based on the InterPlanetary File System (IPFS) protocol. D.tube is similar to YouTube, but without advertisements, instead uses the built-in Steem currency which gets awarded by users upvoting videos.
Lets make this trend steemithistory#
Source: wikipedia(https://en.m.wikipedia.org/wiki/Steemit)
