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RE: EOS.IO Development Update
My limited understanding is that EOS is a smart contract platform, I'm not sure if it would be suited for developing a social media app onto... Would be grateful for more input
On EOS you can run multiple steemit like platforms. All running as Dapps, EOS can run ethereum as well with out a hitch you can essentially create an uber type platform as well with out concern to speed and or bandwidth.
I believe it would be possible to create a sophisticated social media app, in which you could curb the :self-aggrandising: that happens on Steem. For example, rewards could be based on a direct transfer of coins (rather than a common pool), and for motivating this you could add a curator reward clause as part of the transaction.