The Steem team in a blog post identified changes to the Velocity Hardfork, or Hardfork 20, which is designed to simplify the onboarding process for new users and which will unfold on Sept. 25. Among the features of the hard-fork include a shift to a resource credit-based system, which the team says will support “the most advanced freemium blockchain.” The hard-fork changes also involve streamlining the account creation process with lower fees and the introduction of “discount account creation tokens” among numerous other features. A super-majority must support the hard-fork changes in order for them to take effect. (GT)...
STEEM, and the Steemit content platform emerged with a novel use case for the blockchain in 2017. By creating a robust monetary reward system for the key cogs in any social content ecosystem—the user community—it has gained traction and a sizable user base since its launch. However, as 2018 has progressed STEEM has witnessed both dwindling user activity and an 84% price decline....According to Blocktivity rankings, EOS rose to the second position in transaction volumes on Sunday, jumping past Ethereum and Steem. The development has been linked with the crush of spam from Blocktwitter, a smart contract. The smart contract has been creating massive amounts of transactions per second within the network. However, the EOS network is coping easily with this development. Data shows that the network is currently operating at about 0.16% of its capacity. (VK)...While the broader cryptocurrency market is showing signs of life, Steem coin remains in the doldrums. Steem has shed nearly 20% of its value in the past week and is currently hovering at approximately $1.30. Steemit recently announced its upcoming hard fork 20 as well as its 19.4 release, which encompasses "AppBase, the StatsD plugin, and RocksDB," according to a blog post. Verge and Basic Attention Token are close to overtaking Steem based on market cap. (GT)...and it show very useful for us and really this is a great platform for everyone I am thankful to steem developer who gave us such a great opportunity to work here thank you...