Flashback ! History and Founder of Steemit
Steemit This social media project was founded in 2016 by Ned Scott and Dan Larimer, creators of BitShares. Both are founders of Steemit Inc. Company, which manages the Steemit website and funds ongoing platform development. On March 15, 2017 exactly about a year ago for the development of steemit which is now increasingly in demand by various circles.
Concepts and Ideas
The steemit concept is generally similar to blog websites or other social news sites such as Reddit, Twitter is also facebook but the text content is stored in the blockchain where the storage is transparent. Using blockchain allows useful comments and posts with a safe value mark such as in upvote. as well as images that can be uploaded and hosted in Steemit, other multimedia content such as display videos from YouTube can also be embedded from other web hosts to post an article along with story and video images. For formatting, there is an editor that is displayed in steemit although unlike blogger in general, Steemit editors can also choose to use the Down to down format with HTML elements.
User accounts can increase the number of posts and comments, and writers who get upvoted can receive prize money in a crypto sign called STEEM and US dollar pegged tokens called Steem Dollars. People are also rewarded for curating (finding) popular content. Accuracy involves voting comments and post submissions. Strength awards and award awards are influenced by the amount of STEEM power that is owned by the voter.
Steemit has a reputation system, where a new account starts with a reputation of 25. Voice received by an account can affect its reputation from top to bottom, giving incentives online and interaction with the community in using steemit.
The idea of creating a Blockchain and Cryptocurrency-based Steemit was explained in a "WHITEPAPER" which was released in March 2016. And finally launched not long after the public release was announced, and now steemit is planted in an android application called eSteem Version 1.4.6 made by Good-Karma which is the eSteem application developper that is connected to Steemit.
Hopefully this flashback of Steemit's history and its founders adds to our insight in following the development of social media that increasingly coloring the dynamics of social media that appear on various platforms
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By: @alexanderishak
