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steemit app download latest version for Android and iPhone free

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STEEM Application Before we move on, let me briefly describe how blockchain-based applications, also referred to as dapps or decentralized applications, work.


In turn, the application level may capture the majority of the value in the web-based economy.


So far, much of the value in the Blockchain Economy package has been kept at the protocol level.


So you will have a Blockchain system with a set of basic laws (in this case, Steem is the protocol).


Proof of Stake is used by Steem protocol technologies to achieve consensus (unlike Bitcoin where there is a Proof of Value mechanism).


On top of the Steem protocol, many applications can be developed without restrictions. These applications will be decentralized since their inception via a decentralized network in the first place.


What is Steemit App?

Within the framework of the Steem Blockchain, steemit is one of the largest and most important platforms (Steemit was the first application launched as a use case for the Steem protocol).


In this, I also confuse the terms Steem and Steemit. However, one of the most important decentralized applications built on the Steem Blockchain is Steemit,


Steem is the protocol (which defines the basic core principles).


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Download steemit app for Android and iPhone with a direct link for free, as one of the first features that we care about on the Technical Knight website is to provide everything that is new and free in the world of games and applications, including downloading the steemit application.


Where did Steem start?

The business was jointly created in January 2016 by CEO Ned Scott and Chief Technology Officer Daniel Larimer.


Ned Scotta and Daniel Larimer investigate how blockchain technology can be used to solve practical problems.


The more factors people take into account, the more it makes sense for them to use blockchain to build a community.


The following was confirmed by Ned Scotta in an interview with coinreport.net:


We were studying a variety of elements of blockchain-based business models when the idea for Steem and Steemit really started to emerge.


Although we have looked at various ideas such as micro-insurance on the blockchain, in the end we keep coming back to the idea that one of the best things about cryptocurrencies is community.


What are the basic ideas behind Seemit?

On the other hand, Facebook, Twitter and Reddit do not compensate their users for the more valuable files they produce.


Steemit (also known as Steem) strives to develop the platform according to the following basic principles:


  • No matter how much the shareholder gives, he must receive proportionate ownership, payments or debts from the initiative.
  • The value of the capital is the same for all types. In other words, community members are all types of capital, whether it's allocating money or their time creating a platform.
  • Society makes things that benefit its members.
  • According to the Steem White Paper, the Steem community promotes these five core values:
  • A carefully chosen place for discussions and news.
  • A way to get great answers to specific queries.
  • A reliable digital currency linked to the US dollar.
  • Fee-free payments.
  • Functions that assist fellow members in the above-mentioned tasks


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