The Peace Academy with @aggroed and @isaria // Episode 14 Show Notes and Audio // MSP-Waves Radio

in #peaceacademy8 years ago

The Peace Academy with @aggroed and @isaria // Episode 14 Show Notes and Audio // Msp-Waves Radio


Show Highlights

Our discussion during episode 14 revolved around Abundance.
We talked a bit about last weekend's Steemit Growth Forum on Msp-Waves, Distribution of Steem, and how you can grow on Steemit as a new user.


Steem Witness Forum

Many of the top 20 witnesses joined Aggroed during the last growth forum.

They all agreed that the biggest problem with Steemit is the sign up process.

They talked about some technological hurdles that we may encounter in the next few years.
All the apps on the blockchain go through RPC nodes which take an enormous amount of RAM to run.
We are growing by 1 GB per day, but we will start growing faster.
Eventually we will need 2 TB servers which will be extremely expensive unless we find alternatives.

They also discussed the rise of SBD.
Most witnesses are holding on to the idea that 1 SBD should be pegged to 1 USD.
Aggroed thinks that the free market should decide the value of SBD instead of forcing the peg.


Steemt Inc., Steemit, and Steem

These are 3 different things that are constantly confused together.

  • Steemit Inc is the blockchain development company that develops for steemit.com (condenser) and for the steem blockchain (hard forks)
  • Steemit is the website
  • Steem is the actual Blockchain

Distribution

Distribution.png
This is a few month old snap shot of distribution.

The distribution of Steem is a huge problem, but there are a couple of solutions that may work to even out the distribution.

As the price goes up, developers will likely sell and cash out, at which point minnows will have a chance to buy more steem if they can afford it.

Another idea is regarding platform inflation.
It's generally around 10% every year.
We get to decide where it goes with our upvotes as opposed to Stake weighted inflation, where the only people that benefit are the people with the most steem.


How can you grow on Steemit as a new user?

Someone from the audience asked how we can grow with the distribution being what it is.
The best way to grow is to interact on the blockchain and within the MSP Palnet Discord to build relationships and network.
It’s a very slow process, but consistency is key.
Commenting and posting every day while creating a niche will help you gain and retain followers.


The Peace Academy Episode 14 Audio



Please Join Us For Episode 15 of The Peace Academy this Saturday 8-9 PM EST!

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The Peace Academy with @aggroed and @isaria Episode 14 Show, will greatly perform, and carry to continue

In 100 years, the world’s dominant anchor currency is more likely to be the yuan than the dollar. Probably wiser to peg to that. If pegging is necessary, then hell, I’d probably rather peg it to 10,000 Satoshi.

Regardless, I suspect all the witness talk of pegging it will probably naturally push the price down anyways.

dear bro @aggroed i just resteem your post

wow supar picture.. &.awsome post... i love your post...thank for sharing....@aggroed

I check your blog dear you are doing good and I wish you all the best and Goood Luck

Steemit Inc is the blockchain development company that develops for steemit.com (condenser) and for the steem blockchain
Steem is the actual Blockchain is indeed a lot of devotees

thanks for the info aggroed.

super support

I am @babangsunan really like your post every there is your post I do not forget upvote thank you friends have shared things that visit my blog @babangsunan interesting i love you

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