A protocol for enabling smart, social currency for publishers and content businesses across the
Internet
Introduction
Steem provides a scalable blockchain protocol1
for publicly accessible and immutable content,
along with a fast and fee-less digital token (called STEEM).Conclusion
The unique rewards and incentive programs offered by the Steem blockchain and token are de-
signed to make Steam the ultimate on-ramp into cryptocurrency for mainstream users.Bandwidth Rate Limiting for Fee-less Operations
Because the witnesses are paid entirely through the generation of new others,,
The Rewards Pool ("Where do the tokens come from?")
One of the most innovative (and most misunderstood) aspects of the Steem blockchain is the
"Rewards Pool" from which tokens are distributed to valuable content creators.Payments Through Escrow
The irreversible nature of blockchain transactions is an important security feature..Rewards for Content Creators and Curators
The users who produce content are adding value to the network by creating material that will
drive new users to the platform, as well as keep the existing users engaged and entertained.Steem Blockchain Dollars (SBD)
Many users who are introduced to cryptocurrency struggle to comprehend how "magic internet
tokens "awarded by the platform. Primitives Designed for Content Applications
Steem offers users the unique ability to publish and store different types of content directly
and permanently into the immutable ledger of the blockchain as plain text.
Steem's Platform Features
The Steem blockchain serves a dual purpose of being a digital token processing system, as well
as a mainstream social media platform.
