Steem (the blockchain) is decentralized. Steemit (the website that runs on top of the blockchain) is maintained and run by Steemit, Inc. - a privately held company.
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Steem (the blockchain) is decentralized. Steemit (the website that runs on top of the blockchain) is maintained and run by Steemit, Inc. - a privately held company.
So what happens if Ned decides to delete the site or starts banning users? Is there a back up plan? Can and will another domain be used?
Then users can use any of the other interfaces to the Steem blockchain: Busy.org, SteemConnect, Vessel, (and many more).
The beauty of Steemit . . . users ultimately decide whether material is appropriate or not (by up/down-voting.)
We essentially police ourselves.
Yeah, but the new TOS says users can be suspended and banned and the whole site can be deleted and Steemit is not liable for any losses.