19.01.2021

Updated Steemit Now Allows Steem Proposal Voting on Steemitwallet

On Sept 10, Steemit announced that their user interface for the Steem.DAO UI had gone live and that Steemians can now vote for their favorite Steem proposals without leaving the safety of Steemitwallet.com. 

Steemit, a blogging and social networking website that uses its Steem blockchain-based rewards platform for publishers, announced their fellow-Steemians that they can now vote for their favorite Steem proposals without leaving the safety of Steemitwallet.com.

Vote for proposals to receive funding

The changes reportedly saw extensive testing in Steemit’s development environment to ensure the user interface is functioning as intended. The Steemit team adds:

“It’s important to remember what a big deal the Steem.DAO is. While the hardforks that added the Steem.DAO to the blockchain were difficult, the Steem.DAO itself has been functioning very well since the moment it was added. Many proposals have already been submitted and two great proposals are already being funded.”

“That’s why it’s so important to head on over to a user interface for the Steem.DAO and cast your votes for the proposals you believe deserve funding.”

The Steemit team concluded the post by saying that the new Steem.DAO user interface is just a minimum viable product (MVP) which they intend to improve over time.

Bug in the curations reward curve

Cointelegraph reported on Sept. 4, that the chain halted during the first weekend of September due to a bug in the curations reward curve, which was apparently unrelated to the previous halt or the so-called delegation bug. The Steemit team was quick to develop a patch that did not necessitate a hardfork, but did require a replay of nodes that were used by steemit.com and other Steem applications like Steem Monsters.

TokenSoft Launches Wallet Allowing Investors to Self-Manage Security Tokens

U.S.-regulated security token platform TokenSoft is now providing self-managed accounts for investors.

The new service, announced on Thursday, is aimed to provide users of the platform a less technical and more secure way to hold and control their security token investments. Effectively a digital wallet, the product offers automated dividend distributions and built-in reporting for token issuers. Multi-signature security is provided too, using a key model used by wallets currently holding over $1 billion in investments.

“We’re excited to bring a multi-signature wallet security packaged in a self-controlled, easy to manage brokerage-style experience to the over 100,000 investors using our platform,” said TokenSoft CEO Mason Borda.

Regulatory compliant security token standards such as ethereum’s ERC-1404 and Tezos’ FA1.2 are supported.

Jordan Davis, director of business development at the firm, said wallets like TokenSoft Investment Accounts will “put pressure” on financial institutions to offer better services and management tools to investors.

“People will be able to add or remove service providers from accessing their assets the same way you can add or remove profiles from your Netflix subscription, he said.

In December, TokenSoft’s subsidiary, DTAC LLC, was registered as a transfer agent with the U.S. Securities and Exchange Commission – an important regulatory step on its path to bring tokenization to traditional institutions. TokenSoft also owns an interest in a broker-dealer registered with the Financial Industry Regulatory Authority.

Setting out to provide the tech for firms to “go straight to IPO” by putting their shares on a blockchain, Borda said in a previous report that TokenSoft is “building all the things you need for an automated investment bank.”

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