The concept of steemit and it's mission✍️
As a result of growth 📈📉in the interest of the public in crytocurrency and in the liability adjoining crytocurrency led to the research of the possibility to deploy a blockchain infusion which includes crytocurrency in a variety of circumstances.
It includes combining of the social network and blogging 🧾of the blockchain mechanization and financial🤑 system,which led to the structure of steemit.
The concept of steemit was described as similar to other blog sites but consequently the content of individuals needed to be saved in the blockchain,that we enable the reward of post and comments with a reliable token of attributed value.
And so we can rightly say that the goal of steemit was meant,because today the steemit platform was able to differentiate their blockchain from other social websites by giving back power to its users rather than centralizing authority ✊ within the company administrative.
Steemit reward it's whole users with crytocurrency steem for posting,commenting and upvoting quality content in the platform.So in this article we have come to a realise that the concept of steemit was a great success,but you know that in everything in life there are some challenges we may face before becoming successful in our achievement,so let talk about the problems the steemit platform had to overcome,was that of the letter issued around july 2016 by steemit stating that hackers hacked and compromise over 250 steem account is evaluated almost 85000 worth of steem dollars.
After this issue occurred steemit improved their security measures and till date there has not been any issue of such that happened that period,we can really say that steemit has improved greatly.@patjewell i hope i answered you correctly💯.
Great reply! 👏🏻
My questions to you;
Looking forward to your answers 😊
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