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Tag: steemit

What is Steem and is it a Good Investment?

Category: Cryptocyclopedia

What is Steem and is it a Good Investment?

The altcoin market has grown into a $400 billion market since the first altcoin, Namecoin, was launched in 2011. Today, there are almost 1,500 altcoins that investors can choose from when constructing their digital asset portfolio. One of these altcoins is Steem (STEEM), which has established itself as a popular cryptocurrency since its launch around two years ago. What is…

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DTube: Steemit User Builds Foundations of a Decentralized YouTube

Category: Blockchain, Entertainment, News

DTube: Steemit User Builds Foundations of a Decentralized YouTube

DTube, the foundation for a decentralized YouTube, is built upon the STEEM blockchain. STEEM was selected for numerous reasons, detailed in the August 11 announcement post made on Steemit by the user @heimindanger. Containing similar features like its bigger brother that the video sharing website is based off, DTube is an in-browser application that allows content creators to earn rewards…

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Steemit Criticized For Ponzi Scheme-Like Network

Category: Altcoins, Commentary, News

Steemit Criticized For Ponzi Scheme-Like Network

Steemit, the so-called ‘incentivized social media platform’ has been criticized for various obvious reasons. Some experts are concerned with the technical side of the platform and are suspicious of the financial ponzi-scheme like nature of the network. One of these experts is Daniel Imbellino, an information technology specialist and the co-founder of Strategic Social Networking, who first approached Steemit and…

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