Steemit Sets Up Shop on Tron Network


Steemit, the blockchain-based social media platform the place customers may be paid to curate or create content material, is partnering with the Tron Basis to deliver Steem dapps and customers to Tron.

The businesses introduced Friday that Tron and Steem builders will collectively be trying into migrating Steem merchandise and customers to the Tron community, and in the end swapping the STEEM token for a brand new Tron-based model.

No timeline for this migration was offered.

Steem, which was initially based by Dan Larimer and Ned Scott, claims to have multiple million customers, based on a press launch.

“Steemit is the unique conception of boards assembly cryptocurrency to attain mass adoption – the place cryptocurrency may very well be distributed as simply as ‘likes’ and ‘upvotes’ and this excessive powered distribution mechanism would deliver adoption and appreciation to the foreign money and the social community,” stated Scott, described within the launch as the previous CEO and chairman of Steemit.

A Steemit person predicted the transfer early Friday after Scott shared a promotional tweet by Tron founder Justin Solar.

Steem’s announcement comes the identical day VOICE, the brand new social media community backed by Larimer, launched in beta on a customized EOSIO community.

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