Steemit is a blogging and social networking website owned by Steemit Inc that uses the Steem blockchain to reward publishers and curators.[2]
On July 4, 2016, Steemit, Inc. launched Steemit, a social media platform with virtual currency rewards that runs over the Steem blockchain. On July 14, 2016, Steemit announced on their website that they were hacked.[3] The attack, according to them, has compromised about 260 accounts. About US$85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers.
Steemit gives small amounts of its cryptocurrency token, Steem, to posters who get upvotes.[4] Posters can also be tipped by readers.[5] Steemit faced financial difficulties in 2018 and laid off 70% of its staff.[6] Steemit co-founder Ned Scott referred to the Steemit blogging platform as an interface on top of a blockchain, akin to a blockexplorer.[7]
References[edit]
- ^ "Steemit.com Site Info". Alexa Internet. Retrieved June 18, 2018.
- ^ Chohan, Usman (February 2018). "The Concept and Criticisms of Steemit". Economics of Networks Journal: 8 – via Social Science Research Network (SSRN).
- ^ Cimpanu, Catalin (Jul 18, 2016). "Steemit Social Network Hacked, User Funds Stolen, DDoS Attack Ensued". Softpedia News. Retrieved Jan 16, 2019.
- ^ "(Reuters) Digital currency Steem soars 1,000% in value in two weeks". Guardian. July 12, 2016. Retrieved January 16, 2019.
- ^ McMillen, Andrew (October 4, 2017). "The Social Network Doling Out Millions in Ephemeral Money". Wired. Retrieved May 6,2018.
- ^ Biggs, John (October 28, 2018). "Steemit laying off 70% of staff". TechCrunch. Retrieved January 16, 2019.
- ^ Dale, Dale (September 15, 2016). "Steem Aims to Beat Facebook by Paying Its Bloggers in Cryptocash". Observer. Retrieved January 16, 2019.
External links[edit]
| hide | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Technology | |||||||||||||||||
| Consensus mechanisms | |||||||||||||||||
| Proof-of-work currencies |
| ||||||||||||||||
| Proof-of-stake currencies | |||||||||||||||||
| ERC-20 tokens | |||||||||||||||||
| Other currencies | |||||||||||||||||
| Related topics | |||||||||||||||||
 | This article about a cryptocurrency is a stub. You can help Wikipedia by expanding it. |
Thanks for sharing the post.. parents are worlds best person in each lives of individual..they need or must succeed to sustain needs of the family.
ReplyDeleteDiscord Bot