Another Hard Fork coming!!!!
I have just read apparently all the information I get about the, let me named as "the Sudden creation of another HARDFORK for Steem" in order to implement by one side the so called "STEEM PROPOSAL SYSTEM (SPS)" on which I don't have anything against and, by the other side, an "Economic Improvement Proposal (EIP) " on which I have serious doubts about its efficiency as a solution.
I do not want to explain here what all of these changes would mean, instead I am going to point you to the post of @timcliff which, in my opinion is sufficiently clarifying (…or not)…
Please, read this post.
They are trying to fix "the problem" of the steem blockchain by implementing a 50%/50% rewards for content creators and curators respectively as IMO major change.
Very difficult to forecast the result of the change… looks like in principle, content creator would lost part of their rewards in order to encourage curators find good content to upvote for…
It is still to be demonstrated that this change or the change of moving from a linear rewards curve to a convergent linear rewards curve will motivate ORCAS and WHALES to change their upvoting behavior or stop delegating SP to bidbots or the like…
But this post is more related with the fact that STEEM has a problem of MARKETING as well. We are sitting at the 61th position of the TMC…
Would you think this sudden HF will help to get more investors on STEEM?
If you were an investor looking for altcoins to buy right now, which one you would choose?
The more visible, the best marketed, the one with less internal problems or, the one that is in permanent economical change since the beginning and with an uncertain HARDFORK result coming?
I'm not against improvements if they are so…but I really think the exposed proposals are drastic changes, which can complicate even more the things to the already damaged STEEM price.
@timcliff also listed as a part of the problems that:
"Little to no marketing is being done."
…and there is nothing proposed yet neither a plan to solve that point and I don't see how HF21 will fix it in short to medium term...
For me it is clear that before doing anything at the level of changing the CODE we should focus on the MARKETING aspect more seriously and, to tell you the thruth, I do not understand why the bloody SMT project is not even mention nowadays…at least now that seems that the costs will be reduced finally…
Perhaps we have to wait for the next, not the current one, Bull cycle in order to finally see someone reading how promising is the Steem blockchain...
Posted from my blog with SteemPress : https://scrips.io/blog/toofasteddie/another-hard-fork-coming/
I would agree with you that the three components of the EIP that they're suggesting strike me as something that's probably going to be ineffective at incentivizing users to join, contribute, and stay. They're, more or less, just slightly tweaking the variables required to:
It's worth noting that tweaking the variables in a system that is more or less completely ridiculous already isn't going to suddenly fix the issues regarding why most users have zero desire to stick around and try to earn (and keep) more SP.
On that note -- I would argue that it's probably actually not a great time for marketing and trying to attract investors. As an example, most people trying to sell their house would fix water leaks / apply paint / upgrade & renovate before marketing the sale of their home -- the Steem ecosystem needs a pretty serious overhaul if people seriously want to attract a larger userbase (and investors).
That being said -- that's just my opinion, and nobody listens to what I think anyways. Just a bit of food for thought. No sense in marketing a flawed system.
Or maybe the type of investors that people want to attract are simply just more 'whales' that can use their large stake to siphon off as much inflation to themselves as possible...
Marketing is totally necessary in any product, good or bad, and I cannot see any proposal coming from the Steem Blockchain owners, despite we are all “Steem”, in order to address that point...
Hope I’m wrong but these changes will only feed the uncertainty on the project if they are not well explained to the outside public.
I agree that probably is not the best moment to advertise the project as it is now however there is no sufficient visibility of the Steem Blockchain outside.
Have you seen any informative tweet lately?
I’m telling... why you first say everybody outside that we are improving?
Explain your project, developments, improvements and road map to the audience more often!
Do something on that regard! At least in parallel with the technical implementations...
Visibility is everything at the cryptosphere and despite I don’t like TRON, Verge, cosmos, BitTorrent and many others without better properties than Steem, they do better on that sense. Why not us?
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just like that old saying, I suppose: "There is no such thing as bad publicity".
Point taken.
That’s what we are doing...bad publicity
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I know. And this has come out of nowhere, in no time.
Amen on the marketing part. We need to do more and to spend more on this. I would be ready to take 2% of the reward pool just to do so !
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On that I think everyone would agree!!!
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Yes absouletly. Because this would be logical movement. But this HF suprised to me because of they choose center of capitalism for whales and this is pretty anti-democratic decision for steemit folks
And magical question is below as you mentioned
Actually people of outside do not care that because of they don't know what happen inside. So if you even try to tell about new developments, anyone does not care it.
I thought they who have high SP holders have another plan to earn more money.
The answer is
lovemarketingPosted using Partiko Android
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