Steemit Is Changing - How It Affects You
Steemit is changing...
A small change just happened.
A bigger change comes soon.
The future of Steemit gets crazy
Press Play For Max Steemit Info
Enjoy The Vid
We had a small change. The views tally is gone. It wasn't counting correctly so it's gone until it's updated.
This will also help the Steemit site run better.
Changes on the horizon.
Hard Fork 20. It seems to be centered around bringing new users on board.
They will streamline the signup and allow us to invite other users. Here comes grandma.
Could hard for 20 be when we see communities? That would be cool, but I haven't heard a timeline yet.
Communities would be like Reddit subreddits. Imagine how that would work on Steemit.
Lets go into the future.
1st We need to understand Ned's vision.
Crypto as a human algorithm to sort the best content to the top. That is the goal.
Currently we use a stake weighted voting system. People who have more tokens have a higher vote. This was supposed to benefit the best content.
Does the current stake weighted voting bring the best content to the top?
Here's a quote from Ned,
"With Steem we didn't quit find that was the case. To truly realize a future where cryptocurrency helps us identify great infromation we need to leverage not "stake-weighted" voting, but "account-based" voting. 1 person, 1 vote. It's much more democratic that way. That in combination with super linear rewards curve.
The wording is subtle. This is just a general direction. We won't see a big change in vote weight, but we see many small changes over time that push toward this account-based style.
This is one benefit of SMT's. Steemit Inc will have hundreds of experiments they can learn from as new apps launch and tweak their own systems on Steem.
There are far more details in the video. Go back and press play if this piqued your interest. What does your Steem future hold?