Tag: SBD

A Beginner’s Guide to Steem

Cryptocurrencies have grown to include a wide array of uses, some far more creative and legitimate than others. One unique implementation of blockchain technology can be seen in Steem, a blockchain-based social media platform. What is STEEM? Steem is a custom blockchain responsible for rewarding content creators and site participants of steemit.com. Through a complex algorithm, the site’s participants, content creators, and miners receive some combination of payouts from the platform’s three currencies: Steem (STEEM), …
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Steemit Platform Resumes Operations

Despite the whole deep web and SilkRoad shenanigans, and what the general media might say, the Cryptocurrency community does not approve of cyber crime, nor does it look lightly upon it. The Ethereum community managed to prove it, with the successful implementation of the hard-fork that will allow users to recover their DAO tokens for Ether on a 100-1 scale, and a smart contract that will also refund the extra …
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