RE: New Steem - Let's Talk About It

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New Steem - Let's Talk About It

in threespeak •  5 years ago 

So I haven't logged into Steem for several months now. What the heck is #newsteem? Is this about SMT? Or something different? What changed? Everything looks the same to me!

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Welcome back! The technical details of New Steem can be found here https://steemit.com/steem/@steemitblog/hf21-sps-and-eip-explained - BTW the term New Steem I believe was a termed dubbed by community member @whatsup & it stuck. What happened on Steem was the PoB algo was tweaked, giving 2.5 free DVs (resulted in a lot of abuse being reversed) 50/50 curation (we are seeing curators come out of the woodworks now!) and the curve, which is pretty technical and best to read the link above, but basically the curve was to go after micro spam by reducing rewards on low rewarded post and giving more rewards to higher paid out post.

Ah, thanks for the info! I also see threespeak is new (well to me it's new) must be an alternative to dtube?

I will read the post you sent.

3speak is a video hosting website. https://steemit.com/threespeak/@threespeak/3speak-official-launch is the official launch post of 3speak if you want to learn more about how the site works. Cheers!

Cool, ty.