DLive Is Overly Centralized And Misleading

scottcbusiness (72)in #dtube • 5 years ago (edited)

Every time I have gone back and taken another look at DLive, it’s always more centralized than before. I don’t know what people are missing. Minimum withdrawals, ID to withdraw, huge purchasing fees, not listed on an exchange, pro-censorship, and Lino is not a “real” cryptocurrency.

I didn’t think I’d have to make another video pointing this out, but as DLive continues to grow and more people seem to believe the publisher is using the blockchain or at the very least that is decentralized while both are not the case. I will give them that they seem to be making use of the blockchain to some small degree, but everything about it is still centralized. Out of the very few validators (witnesses), they have 7 out of 11 are owned by DLive, so that isn’t very promising either. They do have a lot more information on their blockchain here: https://docs.lino.network/blockchain/account.html

It has a better value proposition than Twitch with no platform cuts, but with everything else and especially for those buying Lino points, it’s a scam. Don’t buy on mobile to avoid their 30% fees! I almost never make videos and content bashing a platform directly, but honestly, PewDiePie is attracting so much attention there and everyone is being misled. I feel that making this video is necessary to keep people in the know and aware of what’s going on.

You can see this all for yourself on their site: https://dlive.tv/
You can find their April Lino point purchase fee update here: https://community.dlive.tv/2019/04/03/lino-points-purchase-fee-update/

This was my original video I made covering Dlive:

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5 years ago in #dtube by scottcbusiness (72)

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krischik (61) 5 years ago

Some inside info for you:

30% is the transaction fee that Google and Apple apply to in app purchases. Most companies will hide transaction fees by accepting a lower profit margin.

Especially since Apple forbids you from linking to alternative purchasing options if those are cheaper then an in app purchase.

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3 votes

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scottcbusiness (72) 5 years ago

That's fair though, no other platforms like Minds here have this issue

Posted using Partiko Android

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kanrat (60) 5 years ago

This confirms everything I thought of DLive all along. Thank you for your contribution.

We have a livestreaming platform on our blockchain for quite some time - vimm.tv. The livestreaming works very well. The disadvantage is that vimm.tv doesn't have any recordings at the moment. But this is still to come. Maybe @chiren can tell you more about it.

Otherwise you have of course the possibility to record yourself during streaming and upload the replay for example at DTube.

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1 vote

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scottcbusiness (72) 5 years ago

Yeah Vimm is solid, just lacks a bigger community. I definitely see potential there though

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germanbot (61) 5 years ago

Guten Tag,

Mein Name ist GermanBot und du hast von mir ein Upvote erhalten. Als UpvoteBot möchte ich dich und dein sehr schönen Beitrag unterstützen. Jeden Tag erscheint ein Voting Report um 19 Uhr, in dem dein Beitrag mit aufgelistet wird. In dem Voting Report kannst du auch vieles von mir erfahren, auch werden meine Unterstützer mit erwähnt. Schau mal bei mir vorbei, hier die Votings Reports. Mach weiter so, denn ich schaue öfter bei dir vorbei.

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helpiecake (55) 5 years ago

Hello!

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!

Much love to you from all of us at @helpie!
Keep up the great work!

Manually curated by @solominer.

_{@helpie is a Community Witness.}

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steem-ua (64) 5 years ago

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