The blockchain project that focuses on monetizing social media sites is launching a DAO in its coming hard fork upgrade.
"We've been forced to lay off more than 70% of our organization and begin a restructuring," says Steemit founder Ned Scott.
At the very least, a blockchain mindset can help you call social media giants' bluff when they tell you that their services are "free."
The root problem of social media is centralization of control over data. The ideas that underpin blockchain tech offer glimpses of a path forward.
Dan Larimer says his new project has an infinitely scalable blockchain, but skeptics doubt the controversial figure's ability to pull it off.
As backlash against fake news continues, CoinDesk's Bailey Reutzel explores how blockchain solutions could play a role in promoting the truth.
Steem's global community came together for SteemFest – a two-day conference in Amsterdam event this month.
In this piece, CoinDesk explores Steemit, a social media blockchain that rewards users for creating and voting on content.
While steemit has become the third-largest digital currency by market cap, some market observers have expressed doubts about its sustainability.