Who Started Steemit.com And Who Steemit Questions

Who Steemit

Who Started Steemit.com And Who Steemit Questions

Who Steemit

So who really started Steemit.com? Wouldn’t you like to know. Much like bitcoin the real founder of Steemit.com remain a mystery…

Ok so it isn’t a mysterious figure or group that created Steemit.com. Even though many might not know exactly who created it this information is not too hard to find. According to wikipedia which practically knows everything about everything. Steemit was developed by 2 guys who were actually looking at building something else and literally stumbled upon what the steem blockchain and Steemit is today.

Steemit Logo For Steemit

Steemit, Inc. is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott, and Dan Larimer, creator of BitShares, and EOS. (source: https://en.wikipedia.org/wiki/Steemit)

There are many people that champion Steemit and many have left and went to bitconnect which failed in 2018 and was outed as a ponzi scheme. Many of the criticisms around Steemit is perhaps due to the massive white paper that is somewhat contradictory of itself. It was re-written in late 2017 and some consider it so complex that it must be a scheme or scam.

Decentralize.Today published an overview of the platform and blockchain, pointing out how the developers did not allow users to mine Steem and then relaunched the currency to assure centralization (whoever owns the majority of the blockchain can authorize other people’s transactions). Tone Vays said that the system is a Ponzi scheme (source: https://en.wikipedia.org/wiki/Steemit )

I’m one that tends to think that Steemit isn’t a scam but extremely complex. This makes it counterproductive to its own stated goals of being a barrier to entry crypto currency. However, as you look at other crypto currencies available almost all of them are overly complicated and not for your normal web user. Steemit through various portals or platforms as developed many very workable and scaleable apps on its blockchain that are really awesome. So many of the things they are doing are original and a path has to be created in the new space.

Are you looking to find out more about delegating steem power?


About the author: binkley

Founder of Stish crypto and Stish.io and the up and coming StishStash.com and Stish Stash crypto for gamers. I have worked on many projects over the last few years and none bring more joy than helping others here at Stish.io. Stish is now traded on https://www.saturn.network/




11 months ago

We do know who created it. @ned and @dan on Steemit. And a whole team of developers. I'm glad you commented as this is an un-finished page. We need to get busy and finish this.

11 months ago

Everyone knows who created Steemit.

8 months ago