Last post before Velocity HF20: Steem in news at CoinDesk and NasdaqsteemCreated with Sketch.

in #steem6 years ago (edited)

Steem has recently come to news due to its upcoming HF related issues. In recent coindesk article, halting of steem network came to light. The article argued that as we are advancing to new tech, disruption of service will become frequent. Similar to Steem, EOS and NEO have also seen stalling of its network.

Interestingly, @berniesanders is mentioned as an institute to Steemit. Indeed, he is!

In another news from Nasdaq, steem came to light since it is disrupting massive content market with innovative reward system. However, Steem will have a competitor from upcoming ASQ token, which will be a native token for "ask.fm"

steem_m00n_hf20.gif

HF20 will be rolled out in next 12 hours. The most important feature will be free account creation option. Steem holders will have RC allocated to them that can be used for new entrant's onboarding. It means that if a DApp has enough SP, it can onboard new members without any cost. It can be massive for DApps that is looking for big success.

Moreover, HF20 will make bases for upcoming community and SMT. Already Steem has spiked among BTC and alt's little downtrend. Excited to be a steemitian, once again!

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

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Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger

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Now if the overall market and bitcoin can at least stabilize we could see a good increase in the price as more value is generated from these changes and the increasing projects of the Steem ecosystem!