News for hackers. Stuff that matters.

noisypl

Re:A Social Network Doling Out Millions in Ephemeral Money on Saturday October 07, 2017 @01:54PM (#15424804)
You can always create an alternative frontend, which will moderate content which you like. Steem gives you freedom. You can build on top of it any kind of frontend with any filter.

For example guys from EOS decided to build own forum based on STEEM: https://eostalk.io/

They filter out everything not related to EOS :) Of course all content is available via generic websites/blockexplorers like steemit/steemdb.

Re:A Social Network Doling Out Millions in Ephemeral Money on Saturday October 07, 2017 @01:51PM (#15424790)
Best thing is, you can post/comment on Steemit, and buy more BTC from earned STEEM :)
Re:A Social Network Doling Out Millions in Ephemeral Money on Saturday October 07, 2017 @12:48PM (#15424491)
There is no money on the platform.

Steem blockchain produce constant amount of STEEM tokens everyday (1 STEEM per block every 3s).

Those tokens are distributed among all users according to votes of all users.

We all know, that it is not so easy to write a post/comment which will receive tons of upvotes.

So if you will spend 3 hours writing awesome blogpost, and after a week (voting period) you will endup having 3 STEEM tokens... question is, would you give away those tokens for free? Probably not for free...

Also, there are people on the platform, which like to gather STEEM tokens. Why? Because if you have more STEEM tokens you have greater influence on the platform, your posts will have greater visibility, and you have more to say about who will receive more tokens next time.

Price of STEEM tokens are determined by free market on bitcoin and concurrencies exchanges: https://coinmarketcap.com/currencies/steem/#markets

On exchanges people which do not care about influence on Steem sell tokens to people, which want to have influence on the platform.

It is a free market in purest form.

Don't believe? You don't have to. There is no need for trust on Steem. Eferything is open source: github.com/steemit/

Everything is transparent (blockchain explorers): - https://steemdb.com/ - https://steemd.com/ - https://steemstats.com/

Re:A Social Network Doling Out Millions in Ephemeral Money on Saturday October 07, 2017 @12:38PM (#15424445)
You just need to find people, which you like, and start follow them, then all interesting things are in your feed.

Why so many crypto news are on trending. It is simple. Most of users came from this area, but right now Steemit is the only blockchain project which actually be used by every-day people.

Re:A Social Network Doling Out Millions in Ephemeral Money on Saturday October 07, 2017 @12:35PM (#15424436)
You should definitely checkout Steemit and other services like Busy.org or chainbb.com which are based on decentralized Steem Blockchain :)