<p>The Steem blockchain is verified by witnesses.</p>

<p>From the Steemit faq: The Steem blockchain requires a set of people to create blocks and uses a consensus mechanism called delegated proof of stake, or DPOS. The community elects 'witnesses' to act as the network's block producers and governance body. There are 20 full-time witnesses, producing a block every 63-second round. A 21st position is shared by the backup witnesses, who are scheduled proportionally to the amount of stake-weighted community approval they have. Witnesses are compensated with Steem Power for each block they create.</p>

<p>Each Steemit account can vote for up to 30 witnesses.</p>

CC BY-SA 3.0
2018-03-26T09:08:33.740Z
Why is this downvoted?
AndrewL64
CC BY-SA 3.0
2018-03-25T22:00:21.947Z
2018-03-26T04:12:52.423Z
2018-03-26T04:12:52.423Z
swampflower
<p>I did some reading on the Steem currency, and as i understand it there is no mining of Steem. New coins are created automatically and distributed to the social media contributors.. </p>

<p>What i don't understand is who's maintaining the public ledger (the blockchain)? In Bitcoin, miners get new bitcoins as a reward for mining, and maintaining the public ledger by <strong>verifying transactions</strong>. So if there are no miners in Steem, who is varifying the transactions on the ledger?</p>

<blockchain><altcoin><mining-reward>
Steem - Who maintains the blockchain?
moonlander
# Steem - Who maintains the blockchain?

(Asked by: username_0 on 2018-03-25)

I did some reading on the Steem currency, and as i understand it there is no mining of Steem. New coins are created automatically and distributed to the social media contributors..

What i don't understand is who's maintaining the public ledger (the blockchain)? In Bitcoin, miners get new bitcoins as a reward for mining, and maintaining the public ledger by **verifying transactions**. So if there are no miners in Steem, who is varifying the transactions on the ledger?

**Tags:** blockchain, altcoin, mining-reward


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## 1 answers

### Answer by username_1 on 2018-03-25. Score: 2

The Steem blockchain is verified by witnesses.

From the Steemit faq: The Steem blockchain requires a set of people to create blocks and uses a consensus mechanism called delegated proof of stake, or DPOS. The community elects 'witnesses' to act as the network's block producers and governance body. There are 20 full-time witnesses, producing a block every 63-second round. A 21st position is shared by the backup witnesses, who are scheduled proportionally to the amount of stake-weighted community approval they have. Witnesses are compensated with Steem Power for each block they create.

Each Steemit account can vote for up to 30 witnesses.

> **Comments:**
> **username_2**: Why is this downvoted?  

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