New Social Network That Pays People to Use It Could Be the Facebook Killer

Read more on this subject: Social Networking/Social Media
News Story Source: By Carey Wedler The Anti-Media
Facebook's dwindling popularity is no secret, as users and organizations alike have criticized its ever-changing algorithms and lodged claims of censorship. In light of the most recent algorithmic changes, which have prioritized users' friends' posts over posts from public pages, even Facebook has acknowledged a decrease in the amount of time people are spending on the site.

Though there is currently no major alternative to Facebook that compares to the way Facebook served as a replacement for Myspace a decade ago, emerging options reflect the new paradigm: decentralized blockchain platforms.

In what is arguably a show of major recognition for these new options, Bloomberg Technology reported Tuesday on Steemit, an increasingly popular blockchain-based social media and blogging platform that allows participants to earn cryptocurrency for posting, commenting, and voting on content.

Steemit is alrea
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