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RE: Why is STEEM so undervalued while other cryptocurrencies have 10x growth? It may happen sooner!

in #steem7 years ago

Great article and a much-respected profile picture.
This question is probably better answered elsewhere, but do you have a quick answer to why Steemit accounts are processed manually?

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Initially, some SPs are delegated to new accounts so that they can participate. Therefore, Steemit has to verify new account is not a duplicate account that gets delegated SP. However, existing account can get another account with a cost (around 5 STEEM).