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orly

@orly

76 followers 3 following 94 posts Reputation 41.35

orly
@orly Aug 6, 2016, 2:32 AM UTC

How the Steem pyramid scheme really works

I'm intentionally not calling it a Ponzi. People would then cling to the conventional definition of a Ponzi scheme and come up with arguments like "but you can get rewarded without investing anything…

22 upvotes 1 downvotes 24 replies $0.00
orly
@orly Aug 2, 2016, 12:00 AM UTC

How to fix the extreme inequality on steem

### The problem A lot of quality content and discussions go unnoticed and unrewarded (< $1 rewards with dozens/hundreds of upvotes). In the mean time, some people ("followed by the whales") are co…

27 upvotes 18 replies $0.00
orly
@orly Jul 30, 2016, 4:22 PM UTC

Introducing AutoJackpot

### Hello Steemit, It's my pleasure to introduce @jackbot, a bot you hopefully won't hate, along with the 12-hour jackpot draws he manages. ### What? Every 12 hours, @jackbot posts an AutoJackpot thr…

29 upvotes 5 replies $0.00
orly
@orly Jul 29, 2016, 9:53 PM UTC

Mining steem on multiple machines

A lot of people seem to be confused about configuring multiple nodes for parallel mining, so here are some best practices you may find useful. ### The basics of steem PoW mining Your nodes will keep…

25 upvotes 15 replies $0.00
orly
@orly Jul 26, 2016, 2:12 AM UTC

Steem - The distributed network behind the pretty website

Have you ever wondered how steem is technically different from other social media such as reddit or facebook? Are you confused by terms like 'blockchain', 'witness', 'POW' or 'DPOS'? Do you lack unde…

21 upvotes 5 replies $0.00
orly
@orly Jul 15, 2016, 5:27 AM UTC

How distributed is the steem protocol?

Today the devs forced a hardfork to v9 in the blink of an eye. I'm assuming the fork was pushed to fix issues discovered during the 'hack' but that's besides the point. The developers of Steem hold s…

33 upvotes 7 replies $0.03
orly
@orly Jul 13, 2016, 12:41 AM UTC

What gives Steem value long-term?

### The creation of tokens The way I understand it, Steem tokens are generated all the time, with each new block added to the blockchain. They are given to: - Steem Power (SP) holders simply for hold…

8 upvotes 10 replies $0.00
orly
@orly Jul 7, 2016, 9:25 PM UTC

Steem whitepaper url returns 404

https://steem.io/SteemWhitePaper.pdf Please post mirrors here if you have it. Thanks!

4 upvotes 2 replies $0.00