Here are some excerpts straight from the source of this news update.
The unique plan is designed to grow Yours by giving users a reason to engage users offsite and bring them onto the platform. "The original posts of the link/thread to Yours is rewarded with every endorsement", Yours Operations Manager Steven McKie added, "and a portion of that is pooled to be divided amongst all who discovered and endorsed that content".
This part of the news looks like a perfect solution to plagiarism that has happened in #steemit.
Yours is a new decentralized content network that uses bitcoin to reward creators. As the project gets closer to launch, more details have surfaced from the development team, and a new project website has just been revealed.
The idea came about a little over a year ago, when project leader Ryan X Charles left Reddit. Charles was employed as the one and only Reddit Cryptocurrency Engineer, where his primary goal was to decentralize the platform.
After a pivot and management change, Charles went on to start Yours. “Whether at reddit, Inc., or somewhere else, the technology to create a decentralized reddit is almost entirely in place,” Charles said at the time. “Bitcoin provides the mechanism for p2p payments, and Web RTC, or something similar, provides p2p connections between the users.”
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Here is similar content:
http://bravenewcoin.com/news/bitcoin-based-content-platform-yours-attracts-overwhelming-interest-from-investors/
Shut up! I wrote that exact link in the post.
it's a bot