Steem & Steemit
Krzysztof Szumny
@noisy
1. Steemit and Steem
2. Economy of Steem Blockchain
3. Technical Details & Q&A
Steemit
Blogging Platform
which rewards people for creating content and curation
- free to use
- no tipping
- no fees
Steem vs. Steemit
Steem Blockchain
- distributed
- open source
- public, belongs to all users
- censorship resistant
- built-in economy model
- tokens: STEEM, SteemDollar (SBD)
steemit.com
- blogging platform
- built-in web wallet
- owned by Steemit, Inc (USA, Virginia)
- can be shut down by authorities
Steem Ecosystem
steemit.com
blogging
busy.org
blogging
messaging
eSteem
blogging
mobile/desktop wallet
built-in exchange
Steepshot
clone of instagram
SteemTools.com
List of all Steem-related applications and projects
Currently: 126
https://github.com/aaroncox/vessel/releases/
Transparency
- Open source code:
- Steem blockchain: https://github.com/steemit/steem
- Steemit Website: https://github.com/steemit/condenser
- Open data:
- Blockchain explorers:
- steemdb.com
- steemd.com
- Downloading whole blockchain to single file on own computer:
- http://steem.readthedocs.io/en/latest/examples.html#syncing-blockchain-to-a-flat-file
- Blockchain explorers:
Economy of Steem Network
Details can be found: https://steem.io/SteemWhitePaper.pdf (44 pages)
More up to date: http://steemit.com/@steemitblog
From where does money came from?
- Steem/Steemit don't give any money
- Steem blockchain creates constant amount of STEEM tokens every day (1 STEEM per block every 3 seconds)
- STEEM tokens are distributed among community
- according to votes of community
- more STEEM tokens = stronger vote
- price of token is determined by free market on exchanges:
- https://coinmarketcap.com/currencies/steem/
Polish Exchange?
STEEM
SteemPower
Steem Backed Dollar
(SBD)
- base token of Steem network
- easy to transfer (3s)
- listed on many exchanges
- gives influence
- gives few more benefits
- additional interest
- more bandwidth
- decision making (hardforks)
- Power Up - instant
- Power Down - 13 weeks
- smartcontract
- stable asset, ~1USD worth of STEEM
- listed on many exchanges
- designed to be used by marchants
How block rewards are split after HF 16
- Fixed creation (1 STEEM per block, ~9.5% inflation)
- Allocate 10% of the created Steem to the Witnesses.
- Allocate 75% of the created Steem to the Reward Fund.
- Allocate 15% of the created Steem to the Vesting Fund as interest on Steem Power.
How rewards from posts are split?
- 25% of post rewards are distributed among curators
- people who early identify valuable content earn the most
- 75% of post rewards goes to author(s) of a post
- 50% in form of SteemDollars
- 50% in form of SteemPower
What about published post?
Q&A
Accounts Worth To Follow
@steemitblog - official Steemit blog
@ned - CEO of Steemit, Inc
@zurvanic - Steemit VP of Marketing
@andrarchy - Steemit Community Manager
@strimi - blog of "Polish Steemit"
@busy.org - official Busy blog
@ekitcho - CEO of Busy.org
@steemit-polska
@strimi
@bitbay.net
@bitcantor.com
@unknow, @maniserowicz, @ocisly, @szczepan, @kabaret-otto, @zuch.media, @fervi, @marszum, @lukmarcus, @eferto, @gandalf
mine account: @noisy
https://steemit.com/trending/polish
https://steemit.chat/channel/polish
http://bytemaster.github.io/
Steem and Steemit
By noisy
