You are viewing a single comment's thread from:

RE: Do Biotas dream of a blockchain city?

in #blockchain7 years ago (edited)

Steemit does have a problem with the rewarding of low quality content, both low quality information of little value, and low quality posts in general that are simply garbage fodder and waste of space on the blockchain which will serve no purpose as a source of information or knowledge going into the future.

All of the posts take up space in the blockchain which has to be stored. Witnesses have to hold all of the data in the blockchain, no matter how useless it is. The block size has grown from about 8GB when I started as a witness I think, about 1 year ago, to being almost 80GB as of now.

That's a 10x increase in blockchain size in about 1 year (if I am recalling the size correctly).

As the Steem blockchain gets more popular, that demands even more resources to host the blockchain from witnesses. Storing all data permanently, forever, is a waste of resources I find. There is no way to remove data, and even if it was possible, there is no way to differentiate what is of value or quality from not.

So not only does useless/worthless info/posting getting rewarded highly, it also gets stored forever, bloating the blockchain. Unless the price of Steem keeps rising, eventually less and less witnesses will be able to pay for their servers to host the blockchain, and the number of witnesses will shrink as time goes on.

I notice you still don't have many commenters, but at least you have a decent constant payout ;)

Sort:  

Hi my friend
Steemit needed a lot of people like you focused on making quality content and you have it defended it till exhaustion.
The newcomers and some nickel machine players need the education to understand this problem.
Shit content brings short-term financial value to the network, but it will bring devaluation on the long term.
Steemit is a citizenship journalism community and people should understand this value to fulfill the Vision and Mission of Steemit.
Witnesses should be an example but some witnesses and whales are selling votes like stock and this will turn a casino where you can bribe the managers.
I believe in universal ethical codes in the relation of peers, established in the communities that have a level of independence and autonomy in their internal functioning building an "holacratic governance" of the platform.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 63441.26
ETH 2477.91
USDT 1.00
SBD 2.64