Markets

Decentralised Social Media Platform Unveils 2017 Roadmap

298views

Creators of the decentralized social media platform Steemit have announced a comprehensive roadmap detailing improvements to its company structure, its blockchain, and its website. Notably, the fintech innovator is creating native Steemit apps for use on mobile iOS and Android, as well as migrating its servers to Amazon, the largest hosting provider in the world.

Steemit is automating the deployment of its software into Amazon Web Services and Elastic Compute Cloud, providing for a self-healing, automatically expanding, High Availability hosting service as site traffic grows. At the same time, Steemit will undergo a feature-heavy redesign to improve aesthetics and functionality; 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 status bar with a focus on ease of navigation.

CEO of Steemit, Ned Scott said: “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. 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.”

Alongside upgrades to the website, the Steem blockchain will receive some fine tuning. The Steem blockchain, currently recording a transaction every second, now officially supports client libraries for JavaScript and Python, and will include an in-built feature allowing per post revenue to be shared between an author and community into which the post is published, whilst blocking undeserving reward recipients.

There are also planned changes to the company headquarters. While recruiting highly skilled individuals remains of paramount concern to the company, Steemit employees will start becoming more geographically decentralized. In a further motion 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 in an effort to increase promotion and development of the platform whilst dispersing voting power.

Later this year, Steemit will roll out a parallel blockchain architecture system called ‘Fabric’, setting the groundwork for Steemit’s long term growth and enhancing scalability, performance, fault isolation and modularity. Using Fabric, multiple blockchains can be created, each handling separate features within the Steemit platform, nullifying the risk of a blockchain bottleneck due to single core processing demands. Also set for Q4, is the launch of Steemit mobile apps.

“November 2016 was the first time in history that mobile internet usage surpassed desktop usage, meaning 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,” Scott said.

Steemit now has over 120,000 users and close to a million monthly uniques.

Matthew Warner
Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.