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RE: Vlog 161: Ask yourself not how Blockchain works but what you do with it. My attempt to explain blockchain for the beginner.

in #dtube7 years ago (edited)

Steemit.com is just a frontend to visualize and interact with the steem blockchain. It's owned by Steem Inc. There are many different frontends build by others (busy.org, chainbb ect). The blockchain itself is owned by none. Hardforks (changes to the blockchain) come from Steem inc. but have to be approved by the witnesses who are voted in place by the community.

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You have one talent - at least! - making complex things sound simple. Many of the people I talk about the blockchain with can not wrap their heads around the idea that no one owns it..

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