Blockchain Social Platform Steemit Takes Advantage of Reddit’s Heavy Censorship
Since the early days of the internet, there has been a constant movement of people, from mailing boards to Facebook and Reddit. Eternal September keeps chasing out the best who are then followed by the rest with the process now repeating. Although Facebook is one of the biggest companies on earth, few think it is cool – your mom is on it. Meanwhile, Reddit, itself a product of an exodus from Digg, has brought to the forefront a serious problem, private sector censorship of free speech. The duo of Daniel Larimer and Ned Scott, the former a techy, the latter from the world of finance, think....
Related News
The social media website Steemit that’s similar to Reddit has just announced it has distributed $1.3 million USD in the platform’s native cryptocurrency Steem. The website’s user base will have a lot more digital currency to earn just by posting original content on the decentralized platform. Steemit Users Rewarded. On July 5, the Steemit (steemit.com)....
The first ever Bitfilm movie competition starts on Steemit today. The users of this decentralzied social network can vote for movies they like the most. Why on Steemit? Steemit is one of the first decentralized social network where you can earn money by posting good content online. Unlike Reddit or Facebook - that they also have a heavy censorship, this blockchain-related platform uses a currency, called “Steem” (its value is around $0.23 per unit) to fund authors of the best content. Users, in fact, can donate a tip to the authors and let them earn online. Steemit is similar to PaymeaBit,....
Blockchain-powered social media platform Steemit, a new novel experiment in social media that sees users rewarded in the token cryptocurrency Steem has been the target of a cyber attack. Steemit, a new social media website that has grown tremendously since its launch two months ago has seen its token cryptocurrency Steem’s value explode over the past week. The digital currency now sits third in the cryptocurrency market value charts with over $360 million at the time of publishing, only after Bitcoin and Ethereum. Speaking to CCN earlier, Steemit CEO Ned Scott described the platform as....
Social media is a major component of the Internet and has already transformed how humans communicate and interact. Looking to take things to the next level, a few projects are trying to combine social media with the blockchain. Steemit. Blockchain-based social media platform Steemit has gained quite a following in the past few months. The project was....
A new bitcointalk thread is currently raising issues which basically make comparisons between Steemit and Synereo. Though virtually every project in the industry has had some random allegations against them, the thread which was started on Friday August 19 was supposedly prompted by the recent announcement by Synereo that its Alpha version will be going online next month. Steem is the digital currency behind the Steemit social media platform which rewards content posters and voters online. Steemit was recently hacked with some accounts compromised. Steem overtook The DAO to be the world’s....