I hope you guys are already familiar with synereo. For those of you who don't know, it's a similar to steemit. You can read more about it from this post by @stellabelle
This new network is called yours network which is based on bitcoin instead! Its Dev teams include an ex Reddit crypto currency engineer by the name Ryan X Charles. It's Strange and crazy right? Here's what they have to say:
The internet itself is a network, and the Yours P2P platform exists in conjunction with it as the network that seeks to monetize all other networks. More aptly put — no matter where on the web the content comes from, we want Yours to be the destination for where you come to monetize that content. —Yours will allow you to take content you put online, and create a separate channel for you to get the $ you really deserve for your creativity.
Although we are delighted to see blockchain social media a reality, we worry that Steem can’t last. The burden of building not just a community and a technical platform, but also a novel cryptosystem and supporting economy, is extremely high. Security and scaling problems with their blockchain have a smaller team of experts incentivized to solve them, so solutions will come slower. Companies and services such as wallets and exchanges will be fewer in number and less featureful. When they encounter regulatory issues, they will have fewer allies.
Source: news.bitcoin.com
Sorry, I couldn't add any image as I was on a shitty phone.
It looks like their website is a work in progress and the early access is limited a few people on their mailing list, what'll happen to steemit and synereo now that a new competitor is emerging? Only time will tell. What do you guys think?
