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Hive Vs. Steemit: Which Blockchain-Based Blogging Platform is Good
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[QUOTE="Mika, post: 234180, member: 29399"] A couple of years ago, Steemit was very popular. A lot of people were joining the platform and a lot of people were also earning Steem tokens and wee exchanging tokens for fiat currencies. The platform was really good and people could earn from upvotes. If you wrote and publish good articles and if you were active users upvoting your fellow writers, you could earn really well. However, there was a slight problem with the site. The password you created while creating your account was unrecoverable. The passwords were just like the keys of your crypto wallets and you had to save the keys separately. If you lose your keys you cannot recover your wallet, and the same was the case with Steemit. A lot of people did not understand this while registering, therefore, they lost access to their accounts. Another problem with the site was earnings were dependent on upvotes and people were creating multiple accounts in order to manipulate upvotes. People were also upvoting every article they saw on the feed in a hope that they will be reciprocated with upvotes. This lead the site to tighten the rules which made earning impossible for normal users. These days we don't hear people talking about Steemit. [/QUOTE]
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Hive Vs. Steemit: Which Blockchain-Based Blogging Platform is Good
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