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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.
I do understand the concept to some degree. But my questions are; who for example owns steemit.com and who are the head decision makers who choose for example the design of the website, where all the components go? Who decides where the advertising money is spend and so on? How does a place like steemit become a reality without without a leader?
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.
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..