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Author Topic: What is Steem  (Read 26603 times)

Offline RoyalGirl

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Re: What is Steem
« Reply #15 on: February 05, 2019, 05:10:04 AM »
Steem coin is a fundamental cryptocurrency of the Steemit network, and the other two cryptocurrencies (Steem Dollars and Steem Power) are dependent on it. Since Steem was released in 2016, the supply of Steem has automatically increased by 100% each year. This is what it’ll continue to do indefinitely.
In this aspect, Steem is different from other cryptocurrencies, as it doesn’t rely solely on mining to create new coins.

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Re: What is Steem
« Reply #15 on: February 05, 2019, 05:10:04 AM »

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Offline AvarS

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Re: What is Steem
« Reply #16 on: February 05, 2019, 05:31:57 AM »
Created by Ned Scott and Dan Larimer, STEEM is a cryptocurrency that is used to power Steemit, an incentivized blockchain based social media platform. Steemit is very similar to Reddit, in that it allows users to make posts, write comments, and also upvote posts and comments made by other users. The difference however, is that users can be rewarded monetarily for these actions. Blockchain technology enable users on the Steemit platform to receive the cryptocurrency in exchange for participating on the platform, which can then be exchanged for other cryptocurrencies such as Bitcoin, and then eventually fiat currency.

Offline ardhanimaul

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Re: What is Steem
« Reply #17 on: February 05, 2019, 06:10:24 AM »
Steem is the name of the token that can be bought and sold on the open market, based on the blockchain-based platform Steemit. Steemit is a platform that allows publishers to monetize their content that functions similarly to many other social content networks. Think Reddit, but in a way that pays writers and content curators. Steemit rewards writers when their content gets upvoted, and it also rewards people who help curate the best content by upvoting other people’s content. Steem, one of the three currencies the Steem platform offers, is an integral part of this system.

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Re: What is Steem
« Reply #18 on: February 06, 2019, 07:24:11 AM »
Steem represents a fusion of ideas, drawing from both social media and cryptocurrencies to create a new kind of platform. Anybody can create, share or upvote content on the Steem network, earning cryptocurrency tokens based on performance within the community.

Offline enci55

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Re: What is Steem
« Reply #19 on: February 11, 2019, 03:07:28 AM »
Steem is the fundamental unit of account on the Steem blockchain. All other units (Steem dollars and Steem power) derive their value from the value of Steem. There is no need to hold on to Steem in its cryptocurrency form, it should be used either to buy Steem power, Steem dollars or be converted to Bitcoins. Steem increases in supply 100% each year. Steem was first published as a whitepaper in March 2016. The currency and platform were in Beta until July 4th 2016.

Offline hidayatachad

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Re: What is Steem
« Reply #20 on: February 11, 2019, 03:37:04 AM »
Steem is a blockchain network on which the Steemit social and blogging network runs. Steemit is a platform on which content creation and social networking are done. The users are rewarded for contributing to the website. This network is powered by the cryptocurrency STEEM. Other digital coins in the network are Steem Power and Steem Dollars. It was started in 2016 by Ned Scott and Dan Larimer, the creators of BitShares and EOS respectively.

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What is Steem
« Reply #21 on: August 18, 2019, 02:05:19 AM »
Thanks indir. I happened to still have the scissors in my hand when I saw it. Now it is outside in the garden in many pieces. Now I wonder how many more there are and what I should do next.
newbie deactivated link:https://www.noriualaus.com/cuisinart-rice-cooker/ [nonactive]

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What is Steem
« Reply #21 on: August 18, 2019, 02:05:19 AM »


Offline MariaNug

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What is Steem
« Reply #22 on: October 22, 2019, 05:56:29 PM »
I have lost of 5160 steel, what can I add to this to make good knife damascus? I want to make a damascus knife for a buddy that does lost of hunting, want to make him a nice knife to use. Thanks for the help.
Jim

Offline micjoh

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Re: What is Steem
« Reply #23 on: August 01, 2020, 07:59:01 AM »
Steem is a cryptocurriency .Steem is based on the social media and content also run in blockchain technology.now steem price is $0.21335 and 24 hours trading volume is $2,868,097.Binance, bittrex and Huobipro are best exchanges to buy steem.

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Offline syedrasool2011

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Re: What is Steem
« Reply #24 on: August 04, 2020, 07:42:40 PM »
steemit is platform to post and write blog to earn money
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Offline syedrasool2011

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Re: What is Steem
« Reply #25 on: November 07, 2020, 05:00:46 PM »
Stemmit.com there you can earn steem on posting and upvote.
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?..NOW GET YOUR..
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Offline sofa-lis

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Re: What is Steem
« Reply #27 on: December 20, 2020, 09:09:13 AM »
Steem is a blockchain network on which the Steemit social network run.  Namely, Steemit is one of my favorite blogs where I can share my creativity with people.  A nice bonus is that I get coins for this.

Offline Msweet

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Re: What is Steem
« Reply #28 on: January 08, 2021, 01:17:00 PM »
Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn.
source

Offline Stgeorge

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Re: What is Steem
« Reply #29 on: January 22, 2021, 07:12:21 AM »
Steem is a good coin. It has a good trading volume. Also steem is a blockchain based blogging and social media website and is owned by steemit inc. The Steem blockchain actually has three different crypto currencies on its blockchain. These are Steem, Steem doller and Steem power.

 

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