Steemit KillerssteemCreated with Sketch.

in busy •  4 months ago 


Since I joined Steem a little over 18 months ago, the mantra is "_________ the next Steemit killer". This comes about every couple months. The latest was Dan Larimer posting about how he was creating Steemit 2.0.

I will start by saying I really do not understand what this even means anymore. Are they saying they are going to upend, the interface to the Steem blockchain? If that is the case, I am perplexed because I feel was lapped by both Busy and @steempeak. Thus, one could make the case that is happening on Steemit's own blockchain.

Is that statement pertaining to the Steem blockchain? Do they mean they are creating a platform that is going to kill Steem? How is that possible? Are they going to create something that motivates 40,000 people who are active on Steem to pick up and leave? Will the see developers who invested a lot of time and money into their projects suddenly start from scratch elsewhere?

Perhaps the reference is to a blogging platform and that they will kill Steemit, the blogging network. If this is the case, they are overlooking a great deal. Blogging is still a large part of the Steem ecosystem yet it is becoming less everyday. This only makes sense since the idea of Steem is to "tokenize the Internet" and blogging makes up only a small portion of the web. In fact, when you look at it from a monetary perspective, blogging platforms are worth very little compared to other platforms. YouTube, Instagram, Facebook, and Twitter are the more valuable social media entities and none of them are blogging sites.

So what do they mean when it is said "such and such is the next Steemit killer"?

We must clarify that Steemit is not Steem. If they are referring to the idea of killing the Steem blockchain, that is a completely absurd idea. Steem is forging ahead making it even more potent with every new application. This is something few realize.

The idea of putting Steemit Inc under is another idea that is possible. Companies fail all the time and Steemit's track record is not without question. However, in spite of their bumps, changes were made which seems to be putting it on the right path. Also, there are a number of smart people working at that company who are up on what is taking place within this industry.

This video show how Steemit is working on managing the hard versus soft consensus layers of the blockchain and why it is important. This is worth the 15 minute listen because it gives an idea of where one developer believes the blockchain "battle" will be waged and why Steem is being set up as a winner on that front.

By no means is Steem perfect. There are a number of issues which still require addressing. That said, the fact that there are roughly 50K accounts transacting a day means we have a loyal bunch. People are active and the number of accounts holding SP is growing each week.

Steem is a blockchain that is developer friendly. This is a major "selling" point. Once again, going back to the video, one only needs to know basic website coding to be able to develop on this blockchain. This is a big deal since there are very few blockchain developers out there.

A number of well known projects are focusing a great deal of attention on scaling. This is not an issue with Steem. At the same time, I see a number of projects being "promoted" on here in an effort to lure users away. It is not going to work. Steemians are a loyal bunch who see the development that is taking place.

They say imitation is the greatest form of flattery. A number of projects forked the Steem blockchain believing they could do it better. Thus far, the results are less than admirable. Remember the Vice project which involved a number of the larger porn companies who forked Steem? What happened to them? Where is their project now?

I would guess their technical people did not realize how difficult the world of blockchain coding really is.

One of the advantages of Bitcoin, at this point, is that it is operational for 10 years without even a firewall. That network stood up to all kinds of attacks and is still going. We could say Steem is garnering that reputation. The attacks keep coming yet we are still here. Each month, more development takes place increasing the features and uses of this blockchain.

By the way, as we close in on Easter, we are probably due for the next "Steemit Killer".

If you found this article informative, please give an upvote and resteem.



Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

They better should think about a Killer app which can attract the masses and a Killer Marketing program..
My thoughts...
Have a wonderful day

Posted using Partiko Android

I’m trying to clear something up.

If I am earning 5 steem a day today... if the price of steem goes to $3 wouldn’t that mean I am earning around 6x as many steem? So at $3 steem id be earning 30 steem a day because of the $3 STU price?

Let me know if this would be the case because I will look forward to earning $90 a day from steem

If you're talking about passive income due to investments or leasing, then those stay pretty much the same regardless of price. So you'd still earn 5 Steem at $3, it's just the dollar value of what you earn is 6x higher compared to now. And if you don't cash out and power it all up, then you're looking at compounding income, meaning you earn more and more Steem over time.

I see a number of projects being "promoted" on here in an effort to lure users away.

The future is in interoperability between different blockchains, and STEEM is going to be one of those blockchains, atm is one of the best blockchains in the marketing field, any dapp that runs on this blockchain instantly gets marketed to the whole community! We have one of the strongest communities out there.

That steemit 2.0 that dan talked about in the EOS telegram is probably going to have something that I agree but also disagree at the same time, it's going to have proof-of-life, which is basically a sort of KYC... no anonymity anymore, but also no more multiple accounts trying to farm the system, no more circle jerking, no more bidbots... is this a good thing or a bad thing? I don't know, I still think that it's setting rules in a blockchain, a blockchain should only have 1 rule and that is the rule of the community, like STEEM has with flags vs upvotes, if you disagree with something you flag, if you agree you upvote, that's the only rule we need, we govern ourselves, we just need to find consensus of opinion first to punish some of the big bad Steemians that we have around, because that is what might give bad rep to STEEM.

Regarding all the others social network blockchain, etc... I use some but only after STEEM, STEEM is and always will be my main social network blockchain and probably my main blockchain! And, n the future, I might take some of the other social networks blockchains profits and convert them to SP

Great read Taskmaster4450!

KYC is a terrible idea for blockchain. There need to be other ways to build reputation besides linking multiple accounts to a single identity. Do you know anything more about this proof-of-life?

Not much and even the part that I know isn't well established, I only saw the telegram picture from the URI/UBI post and people saying that steemit 2.0 would have it... still no clear news of what it's going to be

From the post:

Dan has said you would only need to put your picture and a name on the chain for “Proof Of Life” you are not going to put your finger print, DNA sample, Retina and bio-metric information on block chain.

Bring back proof of brain!

The only thing I see killing the place right now are the actions of some of its own users. The whales that have been spamming and flagging everybody are the greatest threat to user retention right now.
We have started bring in in new users again and if this is the first thing they see its not good for anybody. In terms of the blockchain it has been significantly improved over the past few months and is the best option out there for people to use.

Posted using Partiko Android

everybody wants to rule the world i guess ;)

LOL a bit of an oxymoron in an environment where everyone is working on decentralization.

decentralization from the middleman not from the emotions or egos it seems ;)

🏆 Hi @taskmaster4450! You have received 0.3 STEEM reward for this post from the following subscribers: @cardboard
Subscribe and increase the reward for @taskmaster4450 :) | For investors.

It is really going to be hard to "kill Steemit" as they say.
It is also fascinating to note that there are very many Steemit clones at the moment.

You said something about projects coming here to sway people away

At the same time, I see a number of projects being "promoted" on here in an effort to lure users away. It is not going to work. Steemians are a loyal bunch who see the development that is taking place.

We go and participate in their Airdrops and we come back to our Steemit hahahaha.

The loyal Steem users who have stuck here for all the bear market see the potential in this Blockchain.

I am also waiting for that killer!!!

We go and participate in their Airdrops and we come back to our Steemit hahahaha.
hahahaha well said i am planning for it too.

Go #STEEM Ra! Ra! Ra!

This post has been included in the latest edition of SoS Daily News - a digest of all the latest news on the Steem blockchain.

What was this vice/porn fork? I don't remember hearing about that

Posted using Partiko Android

It was just another whiffed opportunity by stinc.
A billion dollar community wanted to join with us, but stinc was too busy playing guitars and lining their own pockets so they could party it up.

Bring back proof of brain.
We've dethroned the false king, let's dethrone the power that put him there, too!

Eh, so a porn company wanted to be on the blockchain? What did stinc do to stop them?


And lord knows what behind the curtain.

The culture here has had nowhere to go but up, from very early on.
But we do what we can to salvage the crumbs, eh?

What was this vice/porn fork? I don't remember hearing about that

Posted using Partiko Android

steem alternative = 404 Error not found

The closest thing to a steemit killer (or steem killer) that I can imagine would be a platform that entices Steem users to migrate from Steem to another blockchain, and thereby drives down the price of Steem due to loss of demand. I imagine that eventually, there will be front ends with hooks into multiple blockchains, and they'll automatically make use of the chain that is expected to be the most profitable at the present time.

With Steem's reward mechanism, SP withdrawal windows and head-start on community building, I don't think a competitor will kill it in the foreseeable future, but it might have to share the playing field. That's perfectly fine with me. There's room for several large players in this big world, and competition will make it better.

For a "Steem killer" to be successful they don't only need to entice steemians to use their platform. They also need to make people stop using Steem altogether. I can't understand the competitive mindset people throw around, it's not like we are limited to using one and only one blockchain social media platform.

You just planted 0.10 tree(s)!

Thanks to @fuadsm

We have planted already
8144.55 trees
out of 1,000,000

Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 24445.66
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku

The ecosystem has continued to expand in such a way that the demise of the blockchain will take much more than an alternative protocol. The Dapps and even more ao the community is what drives the value and will no allow it to fail.

Posted using Partiko iOS

Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

I do see some changes occurring, but for the better, not for the worst. I love steem, and I'm one of its loyal followers. I see it going nowhere but up. But what is a Steemit killer? A better interface that will take off the map for good.

Hi @taskmaster4450!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.310 which ranks you at #218 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 211 contributions, your post is ranked at #4.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Great user engagement! You rock!

Feel free to join our @steem-ua Discord server