Steemit – The Billion Dollar Social Media Giant Replacing Reddit & Facebook

Follow me on Steemit
https://steemit.com/@davidhay

https://steem.io/SteemWhitePaper.pdf

https://www.alexa.com/siteinfo/steemit.com

Active Nodes
https://status.steemnodes.com/

Steem Dolllars – A more stable form of cryptocurrency that shows the problem with cryptocurrency.
https://coinmarketcap.com/currencies/steem-dollars/

Delegated proof of stake (no mining)
20 full time witnesses with a list of backups. Witnesses get paid in steam power for each block they create.
https://steamstat.us/

Full BITUSD video
https://www.youtube.com/watch?v=YD8i2Py9Paw

Example of ranking algorithm incentives copying rather than creating.
https://steemit.com/@crypto-p

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