Why I've powered down: Response to @midlet on state of development on STEEM

in cryptocurrency •  2 months ago  (edited)

I'm responding to @midlet here on steem

He made a post here on dtube on a wide range of issues plaguing the steem ecosystem. https://d.tube/#!/v/midlet/mo6dlypz (which was in response to another user's post :D )

The core of the problem:

Nice to hear your voice on some of these subjects @midlet. I think the simple truth that hardcore steem users always tend to ignore is the steem ecosystem can be gamed to a horrendous degree. The protocol is also incredibly fragile, and centralized in design and in monetary supply.

People can write huge posts, or talk for an hour about all the ways to make steem better, (i've been there and done that, doing it now) but the reality is that there will never be any user generating dAPPs on steem until steemit inc starts acting like a majority stakeholder, the business owner. If then the system as a whole acknowledges that it is only a partially distributed product, this means big stakeholders start forcing each other accountable. Once there is either accountability or proper distribution, then maybe steem stands a chance.

The majority of people with a large stake on steem got there through ring voting, vote trading, vote selling, voting bots and the very exploits which makes steem a terrible business choice for any developer, see the problem here? This will never change.

steem is bad for users:

As you say there is very little utility in the design of any app on this blockchain, so why would there be any users? I liked your analogy of comparing steem to reddit with only one subreddit. Even without that comparison, anyone I show steem either can't get an account, or find the interface to be confusing or ugly. I spent the better part of two years building close to 1000 followers on steem. Even so, i bet I won't get more than 5 views on this post. With no users, developers outside of crypto will never use this clunky system.

Steem is bad for developers

Developers within the crypto ecosystem have better choices of blockchains. Plain and simple there are better options, ones which are properly distributed, are more robust as protocols, that have tools for building and testing on the platform, have healthier less inflationary ecosystems with working stablecoins. With better options for developers within crypto, why would any of them build on steem?

steem is bad for investors

I've powered down because of all the reasons above, steem is bad for investors of most types. The profitable ways of using a stake on steem are really backwards to me, so why hold money on this platform, the illusion of power? As a place to publish material it can still be worth it, some might find genuine community here, others might find a grind or D to suck that is worth their time.

It's just not an attractive system for any kind of organic growth to happen.

So my question is:

How powerful is your voice here on the platform? How many people are you actually reaching with each post, and how many of those writing the rules and developing on steemit are interested in your recommendations?

Keep your dreams alive

My recommendation for everyone is:
Continue to test steem and other platforms, find ways to build a larger audience that isn't reliant on one platform, for example : check out my post about the use of RSS feeds on steem. Keep the dream that brought you to steem alive, that is most important.

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The majority of people with a large stake on steem got there through ring voting, vote trading, vote selling, voting bots

Do you have any statistics to support that? I may be wrong, but my impression has always been that most of the whales got their stake from ninja-mining way before most of us had ever heard of Steem(it).

I spent the better part of two years building close to 1000 followers on steem.

Followers per se are all but worthless. I’d trade a hundred followers for one engaged Steemian in a heartbeat.

Developers within the crypto ecosystem have better choices of blockchains.

Where exactly? There are tons of Ethereum dApps, but most of them have almost no activity. Look at stateofthedapps.com to see which blockchain is kicking ass.

solar's post is literally FUD. Nothing they say is backed up, no supporting evidence. It's such a poor attempt at scaring users I wonder why they even bothered to post it.

Next time you want to influence people, actually provide context and examples to back up your claims, especially when they are so easy to disprove.

For anyone that wants to listen to my reply on this you can find it here.

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Once there is either accountability or proper distribution, then maybe steem stands a chance.

@taskmaster4450 has been doing a series on how distribution of STEEM to smaller accounts is actually growing, and other such trends. I would recommend giving it a look.

As you say there is very little utility in the design of any app on this blockchain, so why would there be any users?

SteemMonsters is a great example of utility in the design of an app that works here, in the past there have been many others, some that have come and stayed, and others that have petered out. SteepShot, MoonSteem, DrugWars, and Actifit come to mind, among others.

It's just not an attractive system for any kind of organic growth to happen.

I do think organic growth was more common when I started here about a year ago, as many have left since then. This being said, I think that organic growth is still possible and frequent enough to keep me coming back around to check out new people every once in awhile and see what's going on with the movers and shakers.

Well, I'm one of the five who'll view this.

Yeah, the Steem Blockchain is clunky at best. However, I for some probably stupid reason, believe it's going to be long lasting, and will become better.

Still, I'll be resteeming this. These opinions should be out there. I just wish persons will have a bit more faith.

I won't argue about the problems as the first thing we need to do is accept that there are issues here. That is how we begin to fix them. I will argue about there being better chains to develop on as STEEM is fast and free to operate on and cheap to run with Steemit.inc and MIRA. Look at @steemmonsters which is showing us how a dapp should be built. It's a long way ahead of anything i have seen on other chains.

We now have SCOT and separate communities will be coming during the year with tools and mobile adaption. My main issues is with the fact that steemit don't put enough value in it's users which is the base for all of this development. If you look after the people then they will work to improve the system. It has taken a long time to bypass the company but that is starting to happen as distribution is being spread outwards.

Steemit.inc should focus on the development side of the chain and then empower other groups to build the communities and apps. All they really need to do is give us the tools and the people will do the rest. Unfortunately they have spend 3 years not putting together the communities and tokens that @aggroed and @yabamatt did in 6 months with less people and money.

Either way we are moving in a better direction right now.

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