Mark Zuckerberg was played by Jesse Eisenberg in The Social Network. At present, Scott supports the software growth of the platform and forex from the company headquarters in Austin, Texas, alongside a distributed staff of 30 workers worldwide. At its core, Steemit seems so much like some other social network. The most well-liked tags embody things like pictures, life, travel, art, and, perhaps unsurprisingly, Steemit itself.\n\nIn accordance with Scott, Steemit boasts an incredibly small” number of trolls, which he argues is because of the cash incentive. These parties are incentivized to compete in ways that add value to the network: 75 p.c of recent tokens are distributed to the rewards pool” for content creators and curators, while smaller fractions are awarded to vested token holders.\n\nEvery action a person makes on the positioning is logged on the blockchain—that means every vote, forex transfer, and even the amount of Steem sitting in someone’s digital wallet, is public and viewable There are two ways of earning Steem. The first is the rewards pool” of digital tokens, which incentivize content creation and curation—in other words, quality posts which might be upvoted by other users.\n\nThe second is a voting system which assigns a price to each publish and comment on the platform, and then distributes Steem tokens to the creators primarily based on the wisdom of the group. The more users that upvote your posts on Steemit, the more Steem you may earn, which might then be cashed out of your wallet using an internet forex change.\n\nVery like Reddit, Steemit is an experiment in group psychology, where the human hivemind (as tallied by individual votes) determines the most well-liked—and lucrative—content. On Reddit, there are people who put up links and posts, and are then accused of ‘karma whoring’—or mainly, selling out to get these worthless internet points,” says Scott.