Steemit, the decentralized social media platform rewarding users for their work with cryptocurrency Founded by Ned Scottin and blockchain and Crypto Pioneer Dan Larmier in January 2016 .
Steemit currently has close to a million monthly unique visitors per month. This figure put steemit as one of the largest and fastest growing blockchain end-user applications. CEO Steemit Ned Scott unveiled a roadmap for 2017 detailing upcoming improvements to the company’s structure, its blockchain, and its website.
He Said that the platform is creating native Steemit apps for use on mobile iOS and Android anticipated to launch in Q4, as well as migrating its servers to Amazon Web Servers(AWS), The World largest hosting Provider.After This Steemit becomes self-healing, automatically expanding, High Availability hosting service as site traffic grows. The Steem blockchain will boast an inbuilt feature allowing per post revenue to be shared between an author and community into which the post is published while blocking undeserving reward recipients.
CEO of Steemit Ned Scott said that the year 2017 will be our banner year and the community will see a ton of upgrades from now until the end of March. Migrating hosting to reputable third parties allows us to focus all of our time and attention on development. The features we are adding will make the user experience even more enjoyable and continue to build on the small town community feel, reputation building and incentivizing great, uncensored discussions.
The company also promises that in the name of decentralization, the Steemit, Inc. controlled primary account, @steemit, which holds approximately 41% of the platform’s Steem Power, will be gradually divested of its holdings.
Mobile Apps:
Steemit attracted over 120,000 registered users in around six months, is creating ‘native’ Steemit apps for use on mobile iOS and Android.
As such users will soon have access to free ‘drag and drop’ image hosting, comment moderation for post authors, community namespaces and moderation (similar to subreddits), achievements (similar to video game milestones), user insignia, mobile notifications and an easy to navigate status bar.
In addition to the migration to AWS that is occurring during the first quarter (Q1), Steemit apps are expected to be complete by the fourth quarter (Q4) 2017; the free ‘drag and drop’ image hosting and the comment moderation for post authors set for the second quarter; community namespaces and moderation as well as the achievements and the easy to navigate status bar is expected by the third quarter (Q3).
Add to that the user insignia is scheduled to be complete by Q3 and the mobile notifications will be complete by Q4, in line with the app completion.
Scott explained that 2017 will be our banner year and the community will see a ton of upgrades from now until the end of March. Migrating hosting to reputable third parties allows us to focus all of our time and attention on development of the site, software, and community – not on scaling or maintaining servers or hosting infrastructure.”
Since its Starting Steemit has gone from seven people comprised of three front-end developers, two back-end developers, and two founders – to a team of fifteen.
Steemit company now increasing their staff and resources for site design and development, DevOps (scaling and site reliability), product leadership, user experience and interface design, mobile application development, community outreach, and user understanding (marketing, traffic insights, retention, and audience growth).
Steemit will make the user experience even more enjoyable and continue to build on the small town community feel, reputation building and incentivizing great, uncensored discussions.
Steemit long-term goal remains to provide the best platform for censorship-resistant publishing and store of value to the widest user base possible, in an effort to increase human freedom and accelerate the spread of access.
According To Scott Due to the immutable and tamper proof nature of blockchain, Steemit is completely free from censorship, meaning no advertisements can be hidden from view, nor can user comments be edited.
Steem Blockchain
Alongside upgrades to the website, the Steem blockchain will receive some fine tuning. It is expected that more announcements on this will made in the future. But at the moment they are launching a dashboard view on steem.io, so that people can view the current state of the Steem blockchain. They are also launching developer.steem.io, dubbed a “world-class developer documentation repository” for rapidly building Steem Blockchain apps.
The Steem blockchain, which is currently recording a transaction every second, now officially supports client libraries for JavaScript and Python. It will boast an in-built feature allowing per post revenue to be shared between an author and community into which the post is published, while blocking undeserving reward recipients.
Fans of Steemit can also expect some changes to the company headquarters. While recruiting world class talent from across the globe, their employees will start to become more decentralized geographically.
There is tremendous value in the community and ecosystem surrounding the Steem Blockchain, and it allows us to mostly bypass one of the hardest problems a startup traditionally faces, namely recruiting top-tier talent.
Steemit’s executive, whilst continuing to hire talented developers, blockchain and social media experts, will utilize extant internal communications methods to allow them to work from physically dislocated areas around the world.
Fabric: Parallel Blockchain
By the end of this year, Steemit also intends to roll out what it describing as a “cutting-edge parallel blockchain” architecture system called Fabric, which stands for Fully Asynchronous Blockchain Rendering with Independent Conformity.
This sets the groundwork for the company’s long-term growth while dramatically enhancing scalability, performance, fault isolation and modularity.
By utlizing Fabric, multiple and inter-connected blockchains can be created, each handling separate features within the Steemit platform. This nullifies any risk of a blockchain bottleneck due to single core processing demands.
On blockchain bottleneck and scalability concerns, Scott revealed to Forbes: “We want to be able to handle as many transactions as Facebook, reddit and Twitter combined. To scale all the way, it’s important to think about these challenges before it becomes a bottleneck. Steem is currently second most used blockchain by transactions, behind bitcoin.”
And, the fintech asserts that it is “the only company that is working on a legitimate solution to blockchain scalability concerns.”
Steemit Mobile Apps: According to media report
November 2016 was the first time in history that mobile internet usage surpassed desktop usage, meaning that more people browse the internet on their smartphones than they do on their computers.
For this reason, coupled with countless requests from our community, we are prioritizing the development of sleek Steemit apps for Apple and Android users.
More Information:
Source:
http://www.financemagnates.com/cryptocurrency/news/decentralized-social-media-platform-steemit-unveils-2017-blockchain-changes/