Steemeum
Pseudo Mining App Built on Top Of the Steem Blockchain
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Steemeum is a new application that is built on top of the Steem blockchain. This application is a miner that mines Steem cryptocurrencies in the same fashion as Electroneum which can be described as Pseudo Mining or what the Steemeum team calls "Proof of time" mining.
Electroneum is one of two mineable crypto in the world that can be mined using this unusual algorithm, the other being Phoneum. Using this algorithm the developers created a way to compute mining rewards to those who are participating in the mining activity. In the same way the Steemeum team was able to formulate a way to create mining rewards coming from the Steem blockchain.
For those who wants to the detailed explanation how they do this you can head over to their website and learn more about it or ask the developers in their discord channel.
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