History behind steem blockchain(THE ROOT OF IT ALL)
Hello people, while I was roaming through my feeds and blog I became curious, I started asking myself how was this idea conceived. Then I decided to do some online findings about the creators of steemit. Am here to share with the newbies and those that have been here for awhile my findings about how it all started.
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THE BEGINNING
The idea for steemit was founded by Daniel Larimer @dan (CTO) and Ned Scott @ned (CEO), it all started in the year 2016 in the month if January.
But untill Ned made a trip to meet Dan in January 2016, that is when the ideas for Steem started coming up, that's when the decided to make it a reality.
Before Ned travelled to see Dan, Dan was the founder of bitshares(personally I think this helped alot).
THE IDEA
The steemit platform was made to target the problem in the context of social media. The idea was brought out to help those that had good content, good writers, people from all works of life receive calls to their content.
After they might have explored and checked different blockchain-based business models, Ned came up with the idea of putting a community around the Cryptocurrency.
Then steem was born, it was an idea of people helping each other. If another steemian had a problem, they would always be someone out there ready to help(thats how and why we become part of the community).
MARCH 2016
With the help from Dan and other Steemit developer who's experiences of working in the blockchain technology gave them the advantage and knowledge of other existing blockchains, which the combined those technologies with codes that was needed to make steem work nicely.
The Steem blockchain was an idea in January and main-net by end of March.
In March 24, Steem was launched and mining began on Mar 24 17:00:00 GMT.
July 4th
Steem blockchain was pre-coded to give out its first reward on the 4th July. After the 4th of July the price if steem went up by more than expected and it's true potential is yet to be reached.
ohh wow good work dude thanks for sharing this
Am glad your liked it!!!
You got a 2.97% upvote from @upyou courtesy of @biggijay!
Thanks for sharing..
I'm glad that the idea became reality! I'm sure that we're still in the very early adoption phase, Steemit will only continue to grow.
You got a 0.61% upvote from @allaz courtesy of @biggijay!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by biggijay from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Nice work...