The Steak Network

Hi all! Today we're announcing the Steak Network and Proof of Steak! The Steak Network is “Instagram for steaks” using a new protocol, Proof of Steak, to ensure that every image is a steak, and not anything that, say, isn’t a steak. For clarity, the Steak Network is a joke, but the Proof of Steak algorithm is legitimate, and modeled after TrueBit Classic; it can be used to incentivize and curate decentralized registries (i.e. creating a token-curated-registry). We're planning on releasing a second version of the whitepaper within the next few weeks. We're running a crowdsale to distribute the $TEAK tokens, and every single Ether given to the crowdsale is donated to second-layer, community-focused projects like MyEtherWallet, the Ethereum Foundation, CryptoKitties, and the Doge-Eth Art Project.

ha-Ha not funny 😒