End of Steemit?

Is this the end for steemit?

There was once a popular clamour in the early days steemit to change the rewards algorithm. Majority wanted an incentive system that is entirely based on reputations and not on curation because it presented biases among the new comers we called minnows. Minnow votes didnt matter.

Dan Larimer, our former CTO and creator of steemit welcomed the idea but claimed that reputation cannot be owned and is entirely based on perception. How you percieve me is entirely different from how other persons would percieve me, thus presents a big challenge to developers. Its near impossible to create an algorithm for reputation based incentive system.

That is a challenge that Publiq team wants to solve.

Just recently, Decent network unveiled Publiq to everyone.

https://decent.ch/en/decent-network-introduces-publiq/

Publiq, is the first ever 3rd party content distribution platform built on top of decent blockchain.

The PUBLIQ blockchain infrastructure will allow content creators and readers to build a trusted relationship. Once posted, the content is cryptographically sealed, distributed, immutable, and timestamped. The different events attached to the lifecycle of the content: views, likes, shares and transactions are also recorded into the blockchain to become traceable, and executable through the use of smart contracts.

It aims to disrupt the way we transact and address inequalities in our societies

Is this the rise of a new Steemit competitor?

While it may sound to be a steemit competitor, PUBLIQ as explained by @jvper is clearly not seeking to be a social media platform and instead aims to be focused on being a press model platform where good reliable writers can distinguish themselves.

https://steemit.com/steemit/@jvper/publiq-a-steemit-competitor

This would mean lesser interaction on Publiq as compared to steemit which is more inclined to be a social media platform. Which means they are two different things.
So I think there's nothing to worry about.

Steemit is now on BETA and Publiq has to come up with its proof of concept yet. Its still a long run from here.

What you guys think?

For better appreciation, here is Publiq's whitepaper, a must read for artists, writers, journalists and publishers.

http://publiq.network/en/whitepaper/