hello myself twilliam
steemit is social media platform which pay their user to upvote and curation reward which is based on blockchain technology. which is developed by Dan Larimer. STEEM climbed another 29% in the past 24 hours, to reach $4.28. The asset is up more than 42% this week. The social media platform is also becoming more influential.
The STEEM price rally comes just days after a technical fiasco, which threatened the very foundation of the social media. The Steemit platform saw its database crash, firstly revealing that what users see as immutable transactions are, in fact, centralized, off-chain database entries
STEEM remains a highly speculative asset, prone to rapid selling to realize profits. The Steemit economy depends on mutual agreement to like posts. Sometimes, bots are also used, and usually, the big earners are also those who buy their reputation, or at least participate in coordinated voting.