Steem Price $0.3254390 | STEEM Price Charts Market Cap Index

Steem Price $0.3254390 | STEEM Price Charts Market Cap Index

Get Steem (STEEM) live price chartd, high low price graph, price history, live market exchanges & detailed cryptocurrency info. STEEM to USD (STEEM/USD). Steem price today ✓ $ $0.3254390 USD (-0.12 %) Steem Stay up to date with the current price of Steem for 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
Steem (STEEM) Crypto Coin Rank 47
Website r/Steem (STEEM)
N/A

Steem (STEEM)
Steem
STEEM Coin Values STEEM

Steem (STEEM) valuesUSD Price
$0.3254390

Steem (STEEM) BTC Price
0.00008302

Steem (STEEM) 24h Vol
$1,894,620.00

Steem (STEEM) Market Cap
$102,333,351.00

Steem (STEEM) Circulating
314,447,380

24h Vol
483 BTC
1 Hr
0.14 %
24 Hr
-0.12 %
7 Day
12.84 %
Today Steem (STEEM) price in US dollars is currently $0.3254390 USD, and if converted to Bitcoin is 0.00008302 BTC. A total of 26,105 coin's are currently circulating in the Market. Steem (STEEM) prices are currently experiencing a change of 0.14 %, check all cryptocurrency. Over the past 24 hours 0.019 M US dollars Steem (STEEM) has been traded on Crypto Exchanges. Get Steem (STEEM)'s progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Steem (STEEM)
Start Date
2015-04-07
Algorithm
N/A
Proof Type
PoW
Facebook
N/A
Steem (STEEM) Block NumberBlock Number
N/A
Steem (STEEM) Block TimeBlock Time
3
Steem (STEEM) Block RewardBlock Reward
N/A
Total Coins Mined
314,447,380 STEEM
Max Supply
0
Steem (STEEM) Net Hashes Net Hashes
N/A
STEEM Charts

Steem (STEEM) Price Charts

Description

Steem (STEEM) Coin Description

Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.

There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).

Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.

Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.

When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he'll generate for himself (in form of SP) and for the content creator  (In SBD).

There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.

Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD. T

Steem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.

90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator.

 

Technology

Steem (STEEM) Coin Technology

Sorry, detailed technology about Steem (STEEM) is not currently available

Features

Steem (STEEM) Coin Features

Sorry, detailed features about Steem (STEEM) is not currently available

Disqus
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