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Steemit Plans Series of Upgrades, Receives Harsh Criticism

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Written by
Daniel Phillips

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Edited by
Max Moeller

28 July 2019 10:34 UTC
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Despite the announcement of SteemFest 4 later this year in Bangkok, Thailand, the team at Steemit is seemingly concerned about the mass appeal of the platform.

In a recent post, the team behind the Steemit platform seem to be taking the user-onboarding process more seriously than ever before. The post details the root causes behind the platform’s initial rapid adoption and also address some of the potential issues that may be hindering its further growth.

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Bold Additions Are Coming

According to the post, the developers are working on implementing a few crucial feature upgrades simultaneously. One is the addition of ‘Communities’ onto the platform. The other is a new type of token dubbed ‘Smart Media Tokens (SMT),’ which would be used by the new Steemit communities to provide an incentive to valuable community members.

Along with these two gradual upgrades, there are also talks of ‘Light Accounts.’ These accounts are essentially wallet addresses that would be handed out for free to new users and then, later on, be selectively upgraded.

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