Steemit

Steemit

Steemit
Type of site
Social media platform
URLsteemit.com
RegistrationFree
Users1,238,717 registered users[1]
LaunchedMarch 24, 2016; 10 years ago (2016-03-24)
Current statusActive

Steemit is an American blockchain-based blogging and social media website. Users can gain a cryptocurrency, more specifically STEEM, for publishing posts or comments and curating content. The company is owned by Steemit Inc., a privately held company based in New York City and a headquarters in Virginia.

In March 2020, Hive forked from the Steem blockchain. In addition, this fork has many of the features of the main Steem blockchain and a series of original ones, such as badges. Blurt, another fork of Steem, forked in July 2020.

Steemit is designed as a decentralized application (DApp) built upon the Steem blockchain, using the cryptocurrency STEEM to reward users for their content.[2]

References

  1. ↑ "STEEM Block Explorer". Steemit. 2016. Archived from the original on January 25, 2019. Retrieved March 15, 2024. Updated as of 2024.{{cite web}}: CS1 maint: postscript (link)
  2. ↑ Chohan, Usman (February 2018). "The Concept and Criticisms of Steemit". Economics of Networks Journal: 8. SSRN 3129410.

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