STEEM

STEEM

Steem
$0.162931
+4.02%
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  • Market Cap
    $56,179,996
  • 24h Vol (Global)
    ฿49 ($505,243)
  • Circulating Supply
    344,808,559
  • Issue Date
    2016-04-19
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
-344,808,5592016-04-19-DPOS1
steemd.com
2
steemdb.com
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
344,808,559-https://github.com/steemithttps://steem.ioCOIN

Steem is an open source blockchain protocol capable of storing social information and distributing tokens based on a Proof-of-Brain algorithm. As the fastest, most transacted blockchain in the world, Steem is the only blockchain protocol capable of, and currently powering, multiple user-facing applications including busy.org, d.tube, dlive.io, steemit.com, dsound.audio, and more. In fact, the Steem blockchain not only processes more transactions than Bitcoin and Ethereum combined, it actually processes more transactions then the next 11 blockchains (in order of transactions) combined! The Steem blockchain creates opportunities for entrepreneurs by providing a scalable blockchain protocol which their application can tap into that is capable of storing a user’s content, social information, account information, json metadata, and more, while simultaneously empowering those users to earn cryptocurrency tokens (called STEEM) in exchange for sharing that information. The STEEM token features best-in-class properties like 3 second transfers and no fees thanks to Steem’s 3-second blocks and Delegated-Proof-of-Stake algorithm. With the upcoming release of the Smart Media Tokens protocol (SMT), the community will be adding to the Steem blockchain the capability to allow an entrepreneur, developer or community builder to launch their own customizable STEEM-like tokens on top of the Steem blockchain equipped with specific smart contracts for ICOs, Automated Market Makers, Autonomous Token Distribution, Founders Tokens, and more. SMTs will take full advantage of the Steem blockchain’s speed and unparalleled scalability to enable entrepreneurs to monetize their platform and bootstrap the value of their coin by leveraging all the lessons learned from Steem and Steemit.com. More details can be found in the SMT Whitepaper at smt.steem.io.

Teams
    Ned Scott

    Ned Scott

    CEO

    Ned Scott grew up at the foot of Wall Street, witnessing the true value of hard work first-hand. Years later, the Steem blockchain he founded deploys his bleeding-edge innovation, Proof-of-Brain, to allow entrepreneurs to be rewarded for their own contributions. After studying psychology and economics at an elite liberal arts college, Ned soon began his own private study of blockchain and cryptocurrency. While working a financial desk job, he began intensive research, gleaning knowledge from top software and financial engineers. His team of experts have now disrupted two industries, building the world’s first successful blockchain social media platform (Steemit.com). Since 2016, more than 350 additional dApps have been built on the Steem blockchain, more than 1 million users transact on the networks, and hundreds of millions of dollars of cryptocurrency has been distributed to everyday entrepreneurs around the world. Even as Ned has become a recognized pioneer of the tokenized internet

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Introduction

Steem is an open source blockchain protocol capable of storing social information and distributing tokens based on a Proof-of-Brain algorithm. As the fastest, most transacted blockchain in the world, Steem is the only blockchain protocol capable of, and currently powering, multiple user-facing applications including busy.org, d.tube, dlive.io, steemit.com, dsound.audio, and more. In fact, the Steem blockchain not only processes more transactions than Bitcoin and Ethereum combined, it actually processes more transactions then the next 11 blockchains (in order of transactions) combined! The Steem blockchain creates opportunities for entrepreneurs by providing a scalable blockchain protocol which their application can tap into that is capable of storing a user’s content, social information, account information, json metadata, and more, while simultaneously empowering those users to earn cryptocurrency tokens (called STEEM) in exchange for sharing that information. The STEEM token features best-in-class properties like 3 second transfers and no fees thanks to Steem’s 3-second blocks and Delegated-Proof-of-Stake algorithm. With the upcoming release of the Smart Media Tokens protocol (SMT), the community will be adding to the Steem blockchain the capability to allow an entrepreneur, developer or community builder to launch their own customizable STEEM-like tokens on top of the Steem blockchain equipped with specific smart contracts for ICOs, Automated Market Makers, Autonomous Token Distribution, Founders Tokens, and more. SMTs will take full advantage of the Steem blockchain’s speed and unparalleled scalability to enable entrepreneurs to monetize their platform and bootstrap the value of their coin by leveraging all the lessons learned from Steem and Steemit.com. More details can be found in the SMT Whitepaper at smt.steem.io.

Social Media
News
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2019-08-17
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Steemit to Automate Development Funding With New DAO
2019-08-15
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2019-08-15
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2019-08-14
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2019-08-12
The Future of Consensus: Proof-of-Stake with Unpermissioned Delegation
2019-08-08
Blockchain-Based Social Media Platform Vows to Return Power to Users
2019-08-05
Zcash’s development funding will get slashed without community action
2019-08-02
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2019-07-05
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2019-05-27
China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place
2019-05-27
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2019-04-24
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2019-04-18
Bitcoin and Altcoins Showing Signs of Weakness
2019-04-11
Report: Tron Has Fastest Growing DApp User Base, Ethereum Still Developers’ First Choice
2019-04-10
World’s Biggest YouTuber Joins a Decentralized Streaming Platform
2019-04-10
Luck of the Draw: New Binance Launchpad Lottery Structure Divides Critics
2019-04-07
Russian social media platform Vkontakte may launch cryptocurrency, potential access for 50 million users
2019-04-01
Bitcoin and Altcoins Could Extend Losses
2019-03-26
Weiss So Serious? Crypto Ratings Founder On Why Grades Are No Joke
2019-03-26
Intercontinental Exchange Adding Long List of Cryptocurrencies to Dedicated Data Feed
2019-03-18
Steemit Experiences DDoS Attacks
2019-03-16
Bitcoin and Altcoins Rebound Reaches Crucial Juncture
2019-03-07
Bitcoin and Altcoins In Red With Sellers In Control
2019-03-04
Electroneum Price Remains Stable as Number of Mobile Miners Increases Sharply
2019-03-03
The Crypto Show Key Chains, Steem Engines And Steem Monsters Via Aggroed
2019-03-02
Bitcoin and Altcoins Face Hurdles Ahead of Possible Lift-Off
2019-03-01
Bitcoin and Altcoins Recovered From a Sharp Decline
2019-02-28
EOS Price Tries to Climb as China’s CCID Gives The Technology Top Marks
2019-02-28
Bitcoin and Altcoins Target Additional Weakness
2019-02-26
Cinnamon Spices Up Video Streaming With Ripple Tech
2019-02-22
Bitcoin and Altcoins Buyers Waiting On The Sidelines
2019-02-15
Bitcoin and Altcoins Remain At Risk Of Additional Weakness
2019-02-04
Five Dominant Legacy Companies That Need Blockchain Right Now
2019-01-29
Portal Allows You to Buy Altcoins Using Fiat, Without Converting to Bitcoin or Ethereum First
2019-01-28
DApps Took In More Money Than App Store In First Year
2019-01-27