RE: Blockchain Social Website Steemit to Hard Fork in December !!!!

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"Steemit’s value and growth has been phenomenal, but it was hindered by a reliance on long term participants,” the blockchain startup said in a statement. “The new structure of Steem lowers the inflation rate and adopts a model much more similar to bitcoin, which encourages participants who don’t want to lock up their cryptocurrency value for long periods of time to have influence in the social network. While all Steem holders will have increased liquidity, the allocation of new Steem tokens to witnesses, content producers and creators won’t change; that figure still sits at 9.5%"

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