Brief history Steemit

in #steemit10 years ago

The origin of the idea


Steemit - this is New York start-up in January 2016.

Creators Steemit:

Ned Scott, CEO, Daniel Larimer, CTO.

Ned Scott and Daniel Larimer (names have been translated into Russian transcription)

Daniel Larimer is cozdatelem BitShares. Ned Scott heard about Daniel about two and a half years ago.

In January 2016 Ned Scott made his first trip to meet up with Daniel. the idea of ​​creating Steem born after the meeting. And they create a real business plan.


January 2016: the idea


Steemit intended to solve the problem of the context of social platforms. Among the great content, there are many trolls, but very little useful content and comments. After exploring several business models Ned realized that the most useful - is to create a community around cryptocurrency. And then Steem became the idea of ​​mutual assistance: this was the idea that people can help each other.

This idea quickly evolved into more - Steemit born as a place where people get a reward from the community for information.


March 2016: Network


Knowledge and Daniel Steemit developers Blockchain experience in technology made it possible to leverage existing technologies and combine them with Steemit technology. Steem blockchain was just an idea in January 2016 and the network was launched by the end of March.

March 24 17:00:00 GMT network and started mining was launched.


April 2016: alpha testing


Steemit passed the alpha testing during April. At this time, about 150 people are helped first Steem find and remove errors and bugs.


July 4: The End of alpha testing and the publication of


Steem blockchain was coded and the first compensation began on July 4th.

After July 4th, Steem price has increased more than 1,400%

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Thanks romel. Personally I find knowing the origins of an idea to be extremely useful when piecing together the entire puzzle. I'm a practical person by nature and that's reflected in my job so visualisation is key to my learning and understanding. Thanks

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