We have just featured STEEM as a news story on our main page, as well as our Facebook page. We hope that this will spark interest in the platform amongst our readers. Here is a snippet from the story:
STEEM coins may herald the future of content creation and digital transactions, all in one package.
The world of cryptocurrency is haunted by the specter of black market trading, criminal activity, volatility, and anarchist subculture. It in this environment that the creators of a currency called STEEM entered the market. STEEM coins, like many other cryptocurrencies exist entirely in the cloud. The blockchain to be exact.
Blockchain technology creates currencies and records transactions by utilizing decentralized networks of "miners" to securely process these interactions.
STEEM works a little differently. Like many other currencies, it is produced by miners. Unlike other currencies, STEEM is distributed among producers of content on Steemit.com. Touted as the new model for social media, users are paid STEEM based on the number of likes/votes that their blog content receives.
Due to the decentralized nature of the currency, it is much more difficult to censor and regulate, creating an interesting medium for journalists.
To read more, view the full article here.
To help get the word out, share the Facebook post here.
