Steem
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 Steem Logo | |
| Denominations | |
|---|---|
| Code | STEEM, SBD |
| Development | |
| White paper | [1] |
| Initial release | March 24, 2016 |
| Code repository | https://github.com/steemit/steem |
| Written in | C++ |
| Source model | Open Source |
| License | MIT License [2] |
| Ledger | |
| Timestamping scheme | Delegated Proof-of-stake |
| Block time | 3 seconds |
| Block explorer | steemd |
| Circulating supply | 304,229,427 (11th March 2019)[3] |
| Valuation | |
| Exchange rate | STEEM: 0.517 USD (11th March 2019) SBD: 0.991 USD (11th March 2019)[4] |
| Website | |
| Website | steem |
Steem is a blockchain and cryptocurrency for social media and decentralized applications (DApps) created by Ned Scott and Dan Larimer in 2016, operating on a delegated proof-of-stake (DPoS) mechanism.[1][5] The first DApp of Steem launched on the Steem blockchain was Steemit, a blockchain-based social network and news website, which rewards its users for posting commenting, and curating content. STEEM is the native cryptocurrency of the platform, besides Steem Dollar (SBD), which is a STEEM-backed USD stablecoin.
History
References
- ^ a b "Steem Whitepaper: An incentivized, blockchain-based, public content platform" (PDF). Steem.com. June 2018. Retrieved 11 March 2019.
- ^ ""Steem LICENSE". github.com. April 19, 2011. Retrieved November 6, 2018.
- ^ "Steemd Block Explorer". steemd.com. Retrieved 11 March 2019.
- ^ "STEEM". Coinmarketcap. Retrieved 11 March 2019.
- ^ "Steem Bluepaper: A protocol for enabling smart, social currency for publishers and content businesses across the internet" (PDF). Steem.com. June 2018. Retrieved 11 March 2019.
