chugumoto / steem

A social media platform where everyone gets paid to post.

Introducing Steem (beta)

Steem is an experimental Proof of Work blockchain with an unproven consensus algorithm.

• Currency Symbol STEEM
• 1.000 STEEM block reward at launch
• Approximately 100% APR long term inflation rate

Public Announcement & Discussion

Steem was announced on Bitcointalk prior to any the start of any mining.

No Support & No Warranty

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Code is Documentation

Rather than attempt to describe the rules of the blockchain, it is up to each individual to inspect the code to understand the consensus rules.

Seed Nodes

xeldal           45.55.217.111:12150                         (USA)
ihashfury        104.168.154.160:40696                    
lafona           52.4.250.181:39705                       
steempty         109.74.206.93:2001       steem.clawmap.com  (UK)
steem-id         45.114.118.146:2001                         (Indonesia)
cyrano.witness   81.89.101.133:2001                          (Jena, Germany)
kushed           40.76.37.6:2001          steem.kushed.com   (Azure)
nextgencrypto    104.207.152.44:2201      steemwitness.com   (Los Angeles, USA)
pharesim         78.46.32.4               steemd.pharesim.me (Falkenstein, German)

52.38.66.234:2001
52.37.169.52:2001
52.26.78.244:2001
192.99.4.226:2001
46.252.27.1:1337
81.89.101.133:2001
52.4.250.181:39705
steemd.pharesim.me:2001
seed.steemed.net:2001
steem.clawmap.com:2001
seed.steemwitness.com:2001
steem-seed1.abit-more.com:2001

How to Mine

The mining algorithm used by Steem requires the owner to have access to the private key used by the account. This means it does not favor mining pools.

./steemd --miner=["accountname","${WIFPRIVATEKEY}"] --witness="accountname" --seed-node="52.38.66.234:2001"

Make sure that your accountname is unique and not already used by someone else or your proof of work might not be accepted by the blockchain.