The fascinating mix of an ad-free social network and a cryptocurrency is needed on the leading Blockchain social media and blogging platform www.steemit.com, or generated by posting content.
The Steemit project was launched in 2016 with the idea of creating a decentralized and censorship resistant media network. The network is open and allows all interested parties to develop their own applications. Users can post all kinds of content like on Reddit.
However, these contents are stored directly in the corresponding blockchain, whereby authors of comments and posts can be rewarded with the cryptocurrency Steem and the censorship is impossible.