All you need to know about STEEM and Blockchains in general Read more at: https://yourstory.com/mystory/45851ec9fe-all-you-need-to-know-a
In one line, the STEEM Blockchain is for building incentivized, public content platforms.
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In this blog, I’ll cover the key characteristics of blockchains on which we understand, use and measure them. Along with that, I’ll also cover what additional value does the technology brings in for the platform when compared to the mainstream (non-Blockchain) centralized platforms.
Read more at: https://yourstory.com/mystory/45851ec9fe-all-you-need-to-know-a
For more than two decades we are fueling the growth of the Internet. For the most part, truly free.
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In its early days, the infrastructure was new, with fewer applications, and untouched by the huge population. The blockage in information flow in the offline world too hampered the growth. Then, after a decade, the technology, tools, and the applications built on top of it became familiar to the masses. And today we have Internet platforms for almost everything. Now, we are witnessing the next era. The next two decade will bring close to 100% of the world’s population on the Internet because the devices, energy, and the Internet costs are lowering with time.
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In future, we need decentralized power/entities so that the masses have a say in the decision making. The real value comes in when the decentralized networks become markets. The more efficient these networks are, the better. Electricity, roads, social media etc. are networks, the more people join them, the more value they have. When people contribute, run, moderate/curate, manage or support them, then these networks generate value for the participants.
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The key features of Blockchains are: Decentralized platforms, coins to incentivize the participation, and no central authority; means no central censorship. The Blockchain-based markets will replace existing networks slowly, then suddenly. There are a lot of speculations going on about the future of Blockchain and Cryptocurrencies, but let’s not dwell much into that and focus on how we can build a better future, the future that we dream.
Read more at: https://yourstory.com/mystory/45851ec9fe-all-you-need-to-know-a