Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Ned Scott: Steem – The Blockchain-Based Social Media Platform

Listen Later

Few crypto projects have gotten as much attention and caused as much controversy as Steem. The blockchain-based social media platform launched early this year and managed to gain real user traction building up a vibrant community of contributors. The Steem token quickly entered bubble territory reaching a market cap of almost $400m and losing 90% of its value since.

Steem Co-Founder and CEO Ned Scott joined us to discuss the ambition of the project and its short tumultous history. We also discussed some of the accusations against Steem and its unorthodox launch.

Topics covered in this episode:

  • How Steem was launched out of the BitShares community
  • The different components and tokens of the Steem system
  • How Steem rewards content contributors
  • The controversial Steem launch and criticisms of the project
  • Why Steem transitioned from Proof-of-Work to Proof-of-Stake
  • The potential disbalance of power due to the Steem distribution
  • How Steem managed to build a vibrant user community

    • Episode links:

    • Steem Website
    • Steemit.com
    • Why Every Blockchain Needs a Constitution
    • Charlie Shrem Article on Steem Launch
    • The History of Steem Launch in Words of Dan Larimer
    • Bitcoin Talk Thread on Steem Launch
    • Bitcoin Stackexchange: What is Steem?

      • This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/162

      ...more
      View all episodesView all episodes
      Download on the App Store
      Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesBy Epicenter Media Ltd.
      • 4.7
      • 4.7
      • 4.7
      • 4.7
      • 4.7

      4.7

      186 ratings

      More shows like Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

      View all
      We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

      We Study Billionaires - The Investor’s Podcast Network

      3,359 Listeners

      Macro Voices by Hedge Fund Manager Erik Townsend

      Macro Voices

      3,074 Listeners

      The a16z Show by Andreessen Horowitz

      The a16z Show

      1,106 Listeners

      Unchained by Laura Shin

      Unchained

      1,206 Listeners

      Hidden Forces by Demetri Kofinas

      Hidden Forces

      1,458 Listeners

      Real Vision: Finance & Investing by Real Vision Podcast Network

      Real Vision: Finance & Investing

      906 Listeners

      CRYPTO 101 by Bryce Paul & Brendan Viehman

      CRYPTO 101

      39 Listeners

      The Breakdown by Blockworks

      The Breakdown

      738 Listeners

      The Pomp Podcast by Anthony Pompliano

      The Pomp Podcast

      1,835 Listeners

      Thinking Crypto News & Interviews by Tony Edward

      Thinking Crypto News & Interviews

      251 Listeners

      Bankless by Bankless

      Bankless

      1,047 Listeners

      The Wolf Of All Streets by Scott Melker

      The Wolf Of All Streets

      243 Listeners

      Coin Stories with Natalie Brunell by Natalie Brunell

      Coin Stories with Natalie Brunell

      444 Listeners

      Raoul Pal: The Journey Man by Real Vision Podcast Network

      Raoul Pal: The Journey Man

      127 Listeners

      Forward Guidance by Blockworks

      Forward Guidance

      277 Listeners