Steem Description
Steem is a social cryptocurrency that rewards users for sharing content. It helps to grow communities and create immediate revenue streams. It's the only blockchain capable of powering real applications through social apps like Steemit. Social media platforms' shareholders made billions from user-generated content. Steem is a new model that returns value to those who contribute the most. Steem users become platform stakeholders. They have full control over their data and can earn cryptocurrency rewards for every contribution they make. Steem is faster than other blockchains and can be used for applications. Steem's intelligent bandwidth allocation allows for free transactions. The only blockchain that can scale social applications. Steem processes more transactions that Bitcoin and Ethereum. It is used by more than 1 million people on 324 Steem-based applications.
Integrations
Company Details
Product Details
Steem Features and Options
Steem Lists
Steem User Reviews
Write a Review-
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Best blockchain Date: Apr 21 2022
Summary: I am glad that Steem blockchain is run by trusted witnesses (blockchain producer).
And Steemit servers are just fast and reliable!Positive: 3 second confirmation of block.
no fees.
fast and smooth.
little spams.
trusted witnesses
integrated with Tron (claim tron/steem/sbd at the same time).Negative: Nothing.
Read More... -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Backend to SteemIt Edited: Mar 30 2022
Summary: Steem is not a social media site in itself but the blockchain based backend for the SteemIt social media as well the the original blockchain for the Hive and Blurt fork.
For more details see SteemIt, Hive and Blurt.blogPositive: • Content is kept on the blockchain can't be deleted.
• Own cryptocurrency with no transaction fees.
• Community driven through elected witnesses.
• Open Source.Negative: • Whales dominate the blockchain trough the delegated proof of stake.
Read More... -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Avoid it, use fork - Hive. Date: Oct 17 2023
Summary: Avoid it. Use Hive that is a fork made by former developers of Steem and is continuously improved ever since.
Positive: It was great when it started in 2016, engaged community and developers, but that was before hostile takeover by Sun / TRON in 2020.
Negative: After hostile takeover: centralized, corrupted governance, censorship, thieves and frauds. No development since takeover (2020), all core developers moved out to different projects, including fork of Steem called Hive.
Read More...
- Previous
- You're on page 1
- Next