STEEM Price usd_steem Price today

STEEM steem

Go trade

the website

＄0.1805 +2.04%

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:36:36update

24H High

1.3256

24H Turnover

2.72千万

Max Supply

0.0

24H TR

5.24%

24H Low

1.2827

24H Vol

20752200.77

Curr. Issued

394951699.0

24H High-Low

+3.34%

ATH

61.20

Highest Mkt Cap

5.19亿

Circulating Supply

394951699.0

Dominance

0.00%

ATL

0.49

Mkt Cap (Float)

5.19亿

Circulating Supply

96.52%

Issue Date

2016-03-24

Introduction

Latest News

News Flash

Basic information

Full Currency Name	斯蒂姆币/STEEM
Currency Code	STEEM
Coin Intro	"Steem is the digital currency of the decentralized social media website Steemit, also known as Steem Coin, or simply STEEM. It was issued on March 24, 2016, with a total supply of 353,626,434 STEEM. Steem is a blockchain database that supports community building and social interaction through cryptocurrency rewards. It combines social media concepts with lessons learned from cryptocurrencies and their community-building processes. A crucial aspect of motivating people to participate in a community, or a free market economy, is a fair accounting system that consistently reflects each persons contribution. Steem is the first cryptocurrency attempting to precisely and transparently reward countless individuals for their subjective contributions to its community. Steem is an open-source blockchain protocol capable of storing social data and distributing tokens based on the Proof-of-Brain algorithm. As one of the fastest and most traded blockchains globally, Steem can support multiple user-facing blockchain protocols, including busy.org, d.tube, dlive.io, steemit.com, dsound.audio, and more. Similar to many cryptocurrency launches, Steemit is based on blockchain technology and uses a cryptocurrency called Steem to reward users for posting articles, images, and comments. Additionally, voting on popular content is another way to earn rewards. Newcomers to the digital currency space can earn Steem by posting on the social media platform Steemit. The platform calculates the number of positive reviews a post receives and awards users with a certain amount of Steem. STEEM can also be used to activate Steem Power, exchange SBD in the internal market, cancel orders, trade BTC or other digital tokens, and purchase items through third-party stores. Compared to Bitcoin, Steem has several advantages. Firstly, Steems transaction fees are very low, making it appealing for micropayments, whereas Bitcoins prices are exorbitantly high. Secondly, transactions are processed more efficiently, with Steem capable of handling thousands of transactions per second, effectively addressing high concurrency issues. Moreover, Steems transaction confirmation times are measured in milliseconds, while Bitcoin’s confirmation times can take up to ten minutes. Steemit Founding Team and Background: Steemit is a social media platform founded in early 2016 by Ned Scott and Daniel Larimer (BM). These co-founders have noteworthy backgrounds. Ned Scott previously worked at his family business, Gaiteller, while Daniel Larimer is the founder of BitShares (BTS) and EOS. The current price of Steem is $0.15574, with a 24-hour trading volume of $479.517 million. Steem has fallen by 12.55% in the past 24 hours. Currently ranked 156th on BeeChecker, its market cap is $71.3013 million USD. Its circulating supply is 457.833 million STEEM, equal to its total issuance."
Issue Date	1458777600000
All-Time High	$8.57442
All-Time Low	$0.0691923
Total Supply	457833608.997
Circulating Supply	457833608.997
Circulating Supply Percentage	1
Market Cap	1975581985790
Fully Diluted Market Cap	$3.401595622068464e-10
Mkt Cap (Float)	$71301395
Circulating Market Cap % of Global Total	0.000036091336888500654
Listed on Exchanges	13
Official Link	https://steemit.com/
Whitepaper	https://smt.steem.io/smt-whitepaper.pdf
Blockchain Explorer	"http://steemd.com/", "https://steemdb.com/"
Telegram
Github	https://github.com/steemit/steem
Twitter	https://twitter.com/Steemit
FaceBook	https://www.facebook.com/steemit
Reddit	https://www.reddit.com/r/steemit

Currency Introduction

Steem is an open-source blockchain protocol capable of storing social data and distributing tokens based on the Proof-of-Brain algorithm. As one of the fastest and highest-volume blockchains in the world, Steem can support multiple user-facing applications, including busy.org, d.tube, dlive.io, steemit.com, dsound.audio, and others.
The Steem blockchain creates opportunities for entrepreneurs by providing scalable blockchain protocols that their applications can leverage to store user-generated content, social data, account information, JSON metadata, and more, while authorizing these users to earn cryptocurrency tokens (STEEM) in exchange for sharing this information. STEEM tokens boast best-in-class features such as three-second confirmations with no fees, thanks to Steems three-second block time and Delegated Proof-of-Stake algorithm.
With the upcoming Smart Media Token (SMT) protocol, communities will enhance the capabilities of the Steem blockchain, enabling any entrepreneur, developer, or community builder to launch their own customizable STEEM-like tokens on top of the Steem blockchain and provide specific smart contracts for ICOs, automated market makers, autonomous token distributions, founder tokens, and more. SMTs will take full advantage of the speed and scalability of the Steem blockchain, allowing entrepreneurs to capitalize on all the lessons learned from Steem and steemit.com to tokenize their platforms and bootstrap the value of their tokens.
STEEM can be used to power up “Steem Power,” trade for SBD on the internal market, convert to fiat, trade for BTC or other digital tokens, and purchase items through third-party stores.

1. The Steem Blockchain

The Steem blockchain is a publicly accessible distributed database that records all posts and votes and distributes rewards across the network. All text content and voting data is stored here, and all reward calculations and payouts are executed within it.

2. Difference Between Steem and Steemit

Steem is the name of the blockchain that stores all data and transactions and processes all events. STEEM is also the name of the systems value token (currency).
Steemit is the frontend web interface used to interact with the blockchain and view blockchain data. Steemit, Inc. is also the name of the company that owns and operates the steemit.com website.

3. How is Steem Different from Bitcoin?

On a technical level, both networks rely on the same model of blockchain but are built on different technologies and codebases. Steem is based on the latest blockchain technology called Graphene, which uses "witnesses" instead of "miners" to produce blocks.
The "Delegated Proof-of-Stake" model, which uses witnesses instead of miners, increases the efficiency of block production. With BTC, 100% of the newly created coins are allocated to block producers (miners). With the Steem blockchain, only 10% of new coins are paid to block producers (witnesses). The remaining 90% of new STEEM coins are awarded to content creators, curators, and Steem Power holders.

1. The Steem Blockchain

2. Difference Between Steem and Steemit

3. How is Steem Different from Bitcoin?

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