Brayan
Brayan
Sep 4, 2018 · 2 min read

PRESENTING THE STEEM BLOCKCHAIN

Steemit is a distributed blockchain database that supports community building and social interaction with cryptocurrency reward, a blogging and social media networking website that rewards its bloggers in form of steem and steem dollars. That is to say; the steem blockchain harvests steem and steem dollars which are attained by steemians for posting and commenting on others’ contents.

Users on the steem blockchain are called steemians and they are in position to upvote posts and comments which is literally parallel to other blogging websites but the big difference and amazing part of it all is that writers who get upvoted can receive a monetary reward inform of a crypto currency token which is well known as steem and steem dollars which can also tradable tokens. Users can also get rewarded for curating popular content which comprises of voting comments and post submissions.

Steemit is literally a social news community with contents presented in numerous languages around the world but with English mainly and consists of over 1 million users with the number increasing massively on a daily basis. Steemit was launched in March 2016 and is a private held company based in New York City and its headquarters in Virginia. The company was founded by Ned Scott and Dan Larimer, creator of BitShares and EOS.

Steemit is advantageous in a way that it is in favor for every user whereby users are certified to express their talents on different grounds; that is to say steemit embraces third-party decentralized applications for instance DLive, DTube, DSound, Steepshot to mention but a few which uses the built-in steem currency and gets awarded by users’ upvoting content in the blockchain.

Owning steem power in the blockchain is very vital like making a long term investment in the cryptocurrency; that is to say by investing in steem power, you can be in position to make a large sum of money after sum period of time because you would have possession in the blockchain and since the community is growing massively, so will your investment in steem power.

So don’t just stay put waiting for people’s testimonies, sign up now and start investing in steem!
www.steemit.com