Topic: [ANN][STEEM]STEEMIT.COM THE REDDIT OF CRYPTOCURRENCY-BLOGGING IS THE NEW MINING - page 11. (Read 26169 times)

Welcome to Steemit, decentralized and incentivized social media.

Steemit is a new social media platform built on the Steem blockchain where the community rewards individuals for their posts, comments and votes, co-founded by Ned Scott, CEO, and Daniel Larimer, CTO of Steemit and founder of Bitshares.

Underneath the hood of Steemit.com there is a tradeable cryptocurrency token, called Steem, and it's performing well on the US-based exchange, bittrex.com, and blockchain-based exchange openledger.info. With Steemit.com, posts, comments and votes are immutable.  Attribution is a given. Accreditation is not taken for granted. And community appreciation is an actual reward.

We were recently in the press. Here is an article from CoinReport: https://coinreport.net/conversation-ned-scott-ceo-steemit/.  And another from Coin Desk: http://www.coindesk.com/facebook-user-controlled-social-media-blockchain/

There are large rewards being distributed for Steemit's first and largest distribution on July 4th.  See the leaderboard at https://steemit.com/trending.  There are Sub-Steems for talking about cryptocurrency and Bitcoin, as well as many other topics.

Steem rewards long term holders .. By Purchasing Steem and "Powering Up" the Steem, the holder earns more Steem and voting power to use on Steemit.com  Voting power allows the user to earn more Steem.

Sign up on steemit.com today to have your account funded with 10 Steem, and let’s be part of the movement for a better online community.

Best regards,

Ned, "steem" CEO of Steemit, https://www.linkedin.com/in/nedscott

Dan, "Bytemaster", CTO of Steemit, founder of Bitshares, https://www.linkedin.com/in/daniel-larimer-0a367089


Application: https://steemit.com

Cryptocurrency & Blockchain Info: https://steem.io

Video: https://www.youtube.com/watch?v=xZmpCAqD7hs

Trending Posts: https://steemit.com/trending

Roadmap: https://steem.io/roadmap/


Adding Privacy to the Financial Transactions

Advances in cryptography have enabled cryptocurrencys to give users financial privacy while maintaining publicly verifyable ledgers.
Privacy is Secondary Feature
The Steem network did not launch with confidential transactions because the state of the art is rapidly maturing and confidential transfers and payments are not the primary purpose of the Steem network. That said, STEEM and SBD have significant utility as a general purpose currency.

As the value held in by Steem users grows, it will become critical to give users the best financial privacy that the network can support.

Ring Confidential Transactions
The Monero project is pioneering the latest advancement in cryptocurrency privacy, Ring Confidential Transfers.

Similar to Bitcoin, Monero is a cryptocurrency which is distributed through a proof of work “mining” process. The original Monero protocol was based on CryptoNote, which uses ring signatures and one-time keys to hide the destination and origin of transactions. Recently the technique of using a commitment scheme to hide the amount of a transaction has been discussed and implemented by Bitcoin Core Developer Gregory Maxwell. In this article, a new type of ring signature, A Multi-layered Linkable Spontaneous Anonymous Group signature is described which allows for hidden amounts, origins and destinations of transactions with reasonable efficiency and verifiable, trustless coin generation. The author would like to note that early drafts of this were publicized in the Monero Community and on the bitcoin research irc channel.

Limits on Confidential Transactions
Adding support for confidential transactions will require a blockchain hardfork. After the hardfork users will be able to hold and transfer STEEM and STEEM Dollars with complete privacy. While transacting with confidential balances STEEM Dollars will not earn interest. Because confidential transfers are not linked to any account, the built in rate limiting system cannot be used. To prevent network spam, these transactions will also require fees to be paid. The fees will be dynamic based upon the current bandwidth reserve ratio.

User Experience
Making confidential usable requires either out-of-band communication or the scanning of all transactions. Scanning of all transactions is not viable for light wallets, so out-of-band communication will be required. Steemit.com will integrate private messaging between users. Steemit.com will know the two users are communicating, but no outside parties will know about the link.


Source:
https://steem.io/roadmap/confidential/


HOW TO CALCULATE LIQUID STEEM AVAILABLE ACROSS ALL EXCHANGES:

https://steemit.com/steem/@kingjohal/usdsteem-btc-technical-analysis-steem-info-liquid-steem-formula-how-to-calculate-liquid-steem

STEEM COMMAND LINE WALLET GUIDE:

https://steemit.com/steemhelp/@pfunk/a-learner-s-guide-to-using-steem-s-cliwallet-part-1


STEEMIT ROADMAP UPDATE: IPFS INTEGRATION - VIDEO / PHOTO UPLOADING:

https://steem.io/roadmap/ipfs/

NEW STEEM APPS + PROJECTS:


(8/8/16) https://steemit.com/steemit/@someguy123/anonsteem-create-anonymous-steem-accounts-without-social-media
(9/27/16) https://steemit.com/steemq/@furion/steemq-a-decentralized-video-platform-for-steem
(9/27/16) https://steemit.com/steem/@furion/introducing-rscore-a-democratic-ranking-system
(9/27/16) https://steemit.com/steemli/@furion/steem-li-new-ranking-system-top-authors-top-curators
(9/27/16) https://steemit.com/introduceyourself/@imaxess/welcome-to-imaxess-the-first-hospital-in-the-world-to-accept-steem-i-am-dr-eduardo-padilla
(9/27/16) https://steemit.com/peerhub/@anwenbaumeister/peerhub-marketplace-reminder-for-usd300-sbd-prize-pool-raffle-contest-for-listing-and-promotion
(9/27/16) https://steemit.com/steemit/@arcange/steem-net-a-microsoft-net-library-for-steem-api-update-2
(9/27/16) https://steemit.com/steem/@someguy123/git-steem-decentralized-github-using-steem
(9/27/16) https://steemit.com/steemdb/@jesta/steemdb-0-3-1-timelines-for-new-followers-reblogs-and-witness-votes
(9/28/16) https://steemit.com/steemmonitor/@good-karma/steem-monitor-intial-version-released-ios-android
(9/28/16) https://steemit.com/steem/@hipster/cyber-fund-is-to-launch-a-russian-steem-based-social-media-platform-golos-under-license-from-steemit-inc
(10/2/16) https://steemit.com/steempay/@steve-walschot/steempay-steem-s-first-woocommerce-plugin-accept-steem-sbd-on-wordpress-eur-usd-supported
(10/3/16) https://steemit.com/greymass/@greymass/introducing-greymass-an-organization-picking-up-steem
(10/4/16) https://steemit.com/steemit/@bitspace/steemit-hackathon-in-norway-with-ned-scott-part-2-hackathon-projects
(10/6/16) https://steemit.com/esteem/@good-karma/esteem-android-1-2-8-released-cover-images-improvement-on-followers-and-feeds-pages-performance-fixes
(10/7/16) https://steemit.com/esteem/@good-karma/esteem-ios-iphone-ipad-v1-2-7-released-set-cover-and-profile-pictures-view-voters-and-payout-info-many-more-improvements
(10/11/16) https://steemit.com/steem/@charlieshrem/announcing-steemaccess-enabling-third-party-apps-to-interface-with-steem
(11/18/16) https://steemit.com/busy/@busy.org/busy-your-next-gen-social-network-platform-based-on-steem-blockchain

PRESS:

(7/12/16) https://www.theguardian.com/technology/2016/jul/12/steem-digital-currency-steemit-value-soars
(7/13/16) http://www.bizjournals.com/newyork/news/2016/07/13/steemit-cypto-currency-sees-huge-boost-in-market.html
(8/18/16) http://motherboard.vice.com/read/steemit-is-like-reddit-but-where-upvotes-equal-a-cryptocurrency-payout
(8/26/16) http://themerkle.com/upcoming-steemit-features-will-give-the-platform-more-mainstream-appeal/


Other noteworthy posts:

(8/17/16) https://steemit.com/introduceyourself/@charlieshrem/charlie-shrem-is-now-on-steemit
(8/19/16) https://steemit.com/bitcoin/@rogerkver/roger-ver-the-world-s-first-bitcoin-investor-is-now-on-steemit
(8/19/16) https://steemit.com/bitcoin/@tracemayer/trace-mayer-is-now-on-steemit
(8/20/16) https://steemit.com/introduceyourself/@dollarvigilante/the-dollar-vigilante-is-now-on-steemit
(9/27/16) https://steemit.com/introduceyourself/@paxmagnus/online-game-industry-veteran-turned-tech-entrepreneur-meets-the-blockchain
(9/27/16) https://steemit.com/stats/@furion/homepage-payout-distribution-power-law-and-project-curie
(9/27/16) https://steemit.com/steemit/@aizensou/ann-steeminterest-a-trustlessly-service-to-maximum-compound-your-sbd-interest
(9/27/16) https://steemit.com/steemit/@aaronkoenig/have-a-say-in-the-steemit-film
(10/4/16) https://steemit.com/witness-category/@thecryptodrive/ricardo-goncalves-thecryptodrive-first-steem-witness-in-africa-a-witness-for-the-people
(10/5/16) https://steemit.com/steem/@klye/coinpayments-net-steem-steem-dollar-integration-success