Trusted

Steemit Plans Series of Upgrades, Receives Harsh Criticism

1 min
Updated by Max Moeller
Join our Trading Community on Telegram
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.

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.
Sponsored
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Daniel_userpic_basic.jpg
Daniel Phillips
After obtaining a Masters degree in Regenerative Medicine, Daniel pivoted to the frontier field of blockchain technology, where he began to absorb anything and everything he could on the subject. Daniel has been bullish on Bitcoin since before it was cool, and continues to be so despite any evidence to the contrary. Nowadays, Daniel works in the blockchain space full time, as both a copywriter and blockchain marketer.
READ FULL BIO
Sponsored
Sponsored