Steem (STEEM)

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Steem is a blockchain-based social media platform that challenges the very concept of social networks. In the current world of social media, giants like facebook and twitter rake in billions of dollars from your data, each year. Money created from user-generated content that goes straight to the shareholders of the big corporations. Steem has set out to change that by providing a blockchain-based social network that rewards users for participation. The application can be seen live and functioning right now at Steemit.com.

Steemit is a social network where each individual contributor can earn STEEM by creating and posting interesting articles. Much like Reddit, the articles can be upvoted by other users for small amounts of STEEM, which goes to the content creator. This does not only incentivize contributors but also improves the quality of content ranking. Curators can also get rewarded by being the first to upvote a later to be popular content.

The steem blockchain distributes payouts as 50% Steem Power for voting and 50% Steem Dollars. Rewards are distributed by the blockchain, similar to how miners are paid by Bitcoin, and occur roughly 24 hours after content and votes have been submitted.

Steem News & Articles (view all)


Latest Steem Videos (view all)


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Steem: A Blockchain-based Social Media Platform

A quick explanation of Steem, the blockchain-based media platform set out to change the world of social media. Steem..


To get started with Steem you first need to download a wallet for your particular device and operating system. A Steem wallet stores your private keys and enables you to send and receive Steems. You can choose between desktop, mobile, web or hardware wallets designed for a variety of operating systems. For more in-depth specifications we recommend you to check out our cryptocurrency wallet directory.

Steem Wallets


The Steem mining process involves compiling recent transactions into blocks while trying to solve a computationally difficult puzzle. The first participant (miner or group of miners) who solves the puzzle gets to place the next block on the blockchain and claim the rewards. The rewards incentivize miners to uphold and secure the Steem network. Below you find detailed information and reviews about Steem mining hardware, mining software, mining pools and cloud mining services.

Steem Cloud Mining Services


Steem Mining Hardware


Steem Mining Software


Steem Mining Pools


The easiest way to buy Steem is through a cryptocurrency exchange. There is a variety of exchanges where you can trade Steem for fiat currencies or other cryptocurrencies. Below you find exchanges currently trading with Steem.

Steem Exchanges


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Bittrex

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Services Accepting Steem


Stores Accepting Steem


Steem Marketplaces


Steem Gambling & Betting Sites


NameSteem
Symbol/TagSTEEM
Genesis Block Created2016
Hashing AlgorithmSHA-256
Validation SystemProof-of-Work
Block Time10.00 minutes
Total Coins to be Issued
Source CodeGithub
Websitehttps://steem.io
Forumhttps://steemit.com
DownloadsLinux, Mac, Windows
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