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RE: Yours.network | A 'Steemit-like' platform that uses Bitcoin | Built by a reddit guy
How does it pay for upvoting if it's not printing/distributing it's own currency?
Or is it more of a social marketplace?
I'm going to look into this site more... But at first glance it doesn't seem like much of a steemit competitor to me...
Apparently, one deposits BTC into their account, and they can author content, upvote and receive authoring/curation rewards, just like Steemit. :/
Yeah, looks like another ChangeTip to me... I really don't think people are going to spend their own bitcoin to curate content in hopes of being one of the few that gets more bitcoin back.
Steemit has a great incentive structure built right in, which I don't see in "Yours".
But I'm all ears if someone can convince me...