Steem operates as a community-centric blockchain that offers users immediate earning potential within the network. Engineered to reward users based on their contributions to the network, the protocol serves as a platform where individuals can publish curated content online and receive compensation in cryptocurrency. As a publicly accessible, incentivized blockchain database, the protocol facilitates user interaction and rewards participation. By integrating elements from both social media and cryptocurrency, Steem provides users with tangible value. The network upholds fairness by implementing a reward structure that accurately reflects each user's contribution. Steemit, launched on July 4, 2016, stands as the inaugural application built on the Steem blockchain. The protocol strives to add value to its user community by: Delivering carefully curated news and commentary. Offering earning opportunities. Serving as a resource for users seeking answers to queries. Providing a stable cryptocurrency pegged to the USD.