Facebook sucks but I can't think of anything worse for social media than shit like steem where you get paid to never say anything anyone will disagree with.
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Facebook sucks but I can't think of anything worse for social media than shit like steem where you get paid to never say anything anyone will disagree with.
Yes, your point is very valid. Steem issues power on base of how much money a person has, that's their proof of stake mechanism and it clearly has too many flaws.
SLATE also utilizes a Proof of Stake system and one of its apps does target digital content; these are similarities it shares with Steemit. However, beyond that, there's a lot of difference, primarily the fact that PoS in SLATE only allows you to become a supernode to sustain the system, and you cannot enforce your will on creators.