Steemit is a blockchain-based social platform that has eliminated the need for advertisers and the collection of user data. Members can earn tokens by posting original stories and curating content created by others. The value of Steem tokens is based on a novel idea called "Proof of Brain." The Steem blue paper outlines how Proof of Brain differs from proof of work, the consensus mechanism used to validate transactions on the Bitcoin and Ethereum blockchains. Instead of distributing tokens only to miners, the Steem network distributes tokens to members who are actively adding value to the community (i.e., content creators and curators). Read more.
I believe recent increase in price and weiss rating, gave number of mainstream media news sites content to write about Steem. And good for all Steem users that there are more people joining, investing and developing on it.
Exciting times ahead! Steem on!
Very interesting friends